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To display deserts in a restaurant, Mario Sclafani ordered refridgeration units from Felix Storch, Inc. Felix faxed a credit application to Sclafani. The application was faxed back with a signature that appeared to be Sclafani's. Felix delivered the units. When they were not paid for, Felix filed a suit against Sclafani to collect. Sclafani denied that he had seen the application or signed it. He testified that he referred all credit questions to "the girl in the office." Who was the principal? Who was the agent? Who is liable on the contract? Explain
What would make a company want to purse a repurchasing of shares? Does the firm want to go from public to private? Do they want to retire all stock?
What is the yield to call
What monthly payment is required to amortize a loan of $45,000 over 14 years if interest at the rate of 6%/year is charged on the unpaid balance and interest.
the american flag corporation afc wants to determine the effect of its inventory turnover and days sales outstanding
bell mountain vineyards is considering updating its current manual accounting system with a high-end electronic system.
Explain why the index model is superior to the Markowitz method? What are the steps to form an optimized portfolio using the index model?
What adjustment should Nome make to report the appropriate pension asset (liability) on its September 30, 2014, balance sheet?
How much did total bank reserves rise when this loan was made? Are reserve requirements a factor here?
The use of debt intensifies the firm's business risk borne by the common stockholders. As a result, shareholders of a firm with higher debt ratio would require a higher return compared to a similar firm without debt
What would you do in this situation? Is the fact that you correctly refused to produce and sign a false memo enough, or are you obligated to report these crimes to the banks and proper authorities?
What factors does a firm's management consider when making dividend policy decisions? If you were an investor in a company, which would you prefer.
What advantages does the MIRR have over the IRR when making capital budgeting decisions?
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