A(n) ________ is illegal unless it is specifically authorized by state statute

a. unconscionable contract

b. gambling contract

c. adhesion contracts

d. bailment


b

Business

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Identify the correct equation for calculating the present value of an investment. (Assume 'r' stands for rate of return and 'n' stands for number of periods interest is earned.)

A. Present value = Future value × (1 + r)n B. Present value = Future value + (1 + r)n C. Present value = Future value - (1 + r)n D. Present value = Future value / (1 + r)n E. Present value = Future value / ((1 + r) × n)

Business

Decker EnterprisesBelow are the simplified current and projected financial statements for Decker Enterprises. All of Decker's assets are operating assets. All of Decker's current liabilities are operating liabilities.       Income statementCurrent

Projected    Salesna          1,500     Costsna          1,080     Profit before taxna             420     Taxes (25%)na             105     Net incomena             315     Dividendsna                95            Balance sheetsCurrentProjected  CurrentProjectedCurrent assets         100             115  Current liabilities          70               81 Net fixed assets     1,200          1,440  Long-term debt        300            360     Common stock        500            500     Retained earnings        430            650 Based on the projections, Decker will have A. a financing surplus of $36 B. a financing deficit of $36 C. a financing surplus of $255 D. a financing deficit of $255 E. zero financing surplus or deficit

Business

Given the following information about a corporation's current year activities, compute the retained earnings for the current year. Retained earnings, January 1 $342,000Cash dividends$51,700Stock dividends$40,000Net income$141,000

What will be an ideal response?

Business

A persuasive message should

a. assume the reader sees the need for your solution b. describe a need and a solution from the reader's point of view c. describe a need but not a solution d. none of the above

Business