Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Ken owns and operates a famous candy store and makes most of the candy sold in the store. Business is particularly heavy during the Christmas season. Ken contracts with Sweet, Inc., to purchase ten thousand pounds of sugar to be delivered on or before November 15. Ken has informed Sweet that this particular order is to be used for the Christmas season business, and he needs the sugar no later than Nov.15 so he has enough time to make all of the Christmas candy. Because of problems at the sugar refinery, the sugar is not tendered to Ken until December 10, at which time Ken refuses it as being too late. Ken was forced to travel out of town to negotiate a purchase of sugar from an alternate supplier. Despite this, Ken has been unable to purchase the quantity of sugar needed to meet his Christmas orders and has had to turn down numerous regular customers, some of whom have indicated that they will purchase candy elsewhere in the future. What sugar Ken has been able to purchase has cost him ten cents per pound above the price contracted for with Sweet. Ken sues Sweet for breach of contract, claiming as damages the higher price paid for sugar from others, lost profits from this year’s lost Christmas sales, future lost profits from customers who have indicated that they will discontinue doing business with him, punitive damages for failure to meet the contracted delivery date, and any other damages the court may find to be appropriate in these circumstances. Sweet claims that Ken is limited to compensatory damages. Identify and define the types and amounts of damages that are most likely to be awarded in this case and fully explain why such damages should be awarded.
how muchs hould you expect to pay per share if the market rate of return for this type of security is 12% at the time of your purchase?
What is the bank’s cost of preferred stock?
A proposed project has fixed costs of $74,000 per year. The operating cash flow at 8,000 units is $93,400. Ignoring the effect of taxes, what is the degree of operating leverage? If units sold rise from 8,000 to 8,500, what will be the new operating ..
A company’s balance sheets show a total of $30 million long-term debt with a coupon rate of 9 percent. The yield to maturity on this debt is 11.11 percent, and the debt has a total current market value of $25 million. What weighted average cost of ca..
Consider the following table for a seven-year period: Returns Year U.S. Treasury Bills Inflation Year 1 3.60 % −1.18 % Year 2 3.45 −2.32 Year 3 4.35 −1.22 Year 4 4.77 0.64 Year 5 2.57 −6.46 Year 6 1.45 −9.38 Year 7 1.18 −10.33 Required: What was the ..
A manager believes his firm will earn an 18% return next year. His firm has a beta of 1.75, the expected return on the market is 13% and the risk free rate is 5%. Compute the return the firm should earn and determine whether it is undervalued or over..
A bond’s credit rating provides a guide to its risk. Long-term bonds rated Aa currently offer yields to maturity of 5.1%. A-rated bonds sell at yields of 5.4%. Assume a 10-year bond with a coupon rate of 4.6% is downgraded by Moody’s from Aa to A rat..
Marika Katz bought a new Blazer and has insurance coverage of 25/50/25 with $200 deductible for collision. Driving up to her summer home one evening, Marika hit a parked car and injured the couple inside. What will the insurance company pay for this ..
AK, Inc., has no debt outstanding and a total market value of $150,000. Earnings before interest and taxes, EBIT, are projected to be $36,000 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 15 percent..
A rich relative has bequeathed you a growing perpetuity. What is? today's value of the? bequest? What is the monthly downside risk?
A firm has a debt-to-equity ratio of 1. Its cost of equity is 12%, and its cost of debt is 6%. what would be its cost of equity if debt-to-equity ratio were 0
For fun, locate the notes to the financial statements located in the annual report of any company you choose. Tell us something unusual or important you found there. Why did you pick it or why do you think it may be important to understanding the fin..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd