On June 3 Ralph Youngblood receives a letter from his uncle offering to sell Ralph his 1968 Corvette for $5000. On June 5 his uncle, thinking that he can probably make a better deal elsewhere, mails a letter to Ralph revoking his offer. On June 6 Ralph, hoping that a Corvette will make a big hit with his girlfriend, mails his acceptance. Ralph, having had a few too many beers, addresses the letter incorrectly and neglect to put on sufficient postage. On June 7, Ralph celebrates his 18th birthday and his parents present him with a brand new BMW. On June 8 Ralph receives the revocation. On July 12 the uncle receives the acceptance. Ralph's uncle never found a better deal for his Corvette and wants to follow through with the contract. Ralph can only afford the insurance on the BMW and wants out of the contract. You are Ralph's attorney. What advice do you give him? Discuss

Laurelton heating & cooling installs and services commercial heating and cooling systems. laurelton uses job costing to calculate the cost of its jobs. overhead is allocated to each job based on the number of direct labor hours spent on that job. at the beginning of the current year, laurelton estimated that its overhead for the coming year would be $ 61 comma 500. it also anticipated using 4 comma 100 direct labor hours for the year. in april comma laurelton started and completed the following two jobs: (click the icon to view the jobs.) laurelton paid a $ 20-per-hour wage rate to the employees who worked on these two jobs. read the requirements requirement 1. what is laurelton's predetermined overhead rate based on direct labor hours? determine the formula to calculate laurelton's predetermined overhead rate based on direct labor hours, then calculate the rate. / = predetermined overhead rate

Burke enterprises is considering a machine costing $30 billion that will result in initial after-tax cash savings of $3.7 billion at the end of the first year, and these savings will grow at a rate of 2 percent per year for 11 years. after 11 years, the company can sell the parts for $5 billion. burke has a target debt/equity ratio of 1.2, a beta of 1.79. you estimate that the return on the market is 7.5% and t-bills are currently yielding 2.5%. burke has two issuances of bonds outstanding. the first has 200,000 bonds trading at 98% of par, with coupons of 5%, face of $1000, and maturity of 5 years. the second has 500,000 bonds trading at par, with coupons of 7.5%, face of $1000, and maturity of 12 years. kate, the ceo, usually applies an adjustment factor to the discount rate of +2 for such highly innovative projects. should the company take on the project?

When partners own different portions of the business, the terms should be stated clearly in what document? the articles of incorporation the executive summary the business summary the partnership agreement