Student name: Ihtishaam Ali Date submitted: 3/1/15 Chapter: 11 Chapter Review Questions Questions are at the end of each chapter under the “For Review” heading 1. Consideration is an essential element in the formation of any contract not by deed. To be valid the consideration must be real and genuine 2. Promises to make gifts for charitable or educational purposes are often enforced‚ despite absence of consideration. 3. No 4. It must be for a reasonable period‚ not excessive in duration
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11 Chapter 11 Relevant Costs for Decision Making Solutions to Questions 11-1 A relevant cost is a cost that differs between alternatives in a decision. 11-2 An incremental cost (or benefit) is the change in cost (or benefit) that will result from some proposed action. An opportunity cost is the benefit that is lost or sacrificed by not taking some course of action. A sunk cost is a cost that has already been incurred‚ and that cannot be changed by any future decision. 11-3 No. Variable
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September 11th 2001. The plan to destroy symbols of American power began when 19 Al Qaeda terrorists hijack 4 planes that were flying above the US. American Airlines Flight 11 was crashed into the north tower of the World Trade Centre‚ United Airlines Flight 175 was crashed into the south tower‚ American Airlines Flight 77 crashed into the US military headquarters in Washington D.C‚ the fourth plane crashed into a field near Pittsburgh‚ Pennsylvania. In total‚ 2‚996 people died‚ 200 fell or jumped
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Fahrenheit 9/11 Selling of American Empire "The people can always be brought to the bidding of the leaders. That is easy. All you have to do is tell them they are being attacked‚ and denounce the peacemakers for lack of patriotism and exposing the country to danger. It works the same in any country." Hermann Goering It was with disbelief and shock that people around the world saw footage of the terrorist attacks in the US on September 11‚ 2001 when the planes-turned-missiles slammed into
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and pays interest annually. The current yield is 6.8 percent. What is the current price of this bond? $1‚104.00 $978.41 $971.43 $1‚068.00 $1‚029.41 Question 3: 1 pts A 7.5 percent coupon bond is currently quoted at 89.3 and has a face value of $1‚000. What is the amount of each semi-annual coupon payment if you own three (3) of these bonds? $100.46 $200.93 $112.50 $75.00 $56.25 Question 4: 1 pts A European put option grants the holder the right to: buy the underlying asset at
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Joseph Company issued $800‚000‚ 11%‚ 10-year bonds on December 31‚ 2007‚ for $730‚000. Interest is payable semiannually on June 30 and December 31. Joseph Company uses the straight-line method to amortize bond premium or discount. Instructions Prepare the journal entries to record the following. The issuance of the bonds. (For multiple debit/credit entries‚ list amounts from largest to smallest eg 10‚ 5‚ 3‚ 2.) The payment of interest and the discount amortization on June 30‚ 2008. (For multiple
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and they both end up in horrible situations in two very important cities in the United States. Lana is in Los Angeles volunteering at a Christian homeless shelter and Paul who is a Vietnam veteran tries to prevent Los Angeles from attacks just like 9/11. He suspects everyone who is of Arabic origin. They meet each other when a Pakistani gets brutally murdered. The best part of the movie is the well-assembled scenes‚ they are very dynamic‚ and that makes it that the two storylines come together so
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1. Which of the following statements is CORRECT? a. The ratio of long-term debt to total capital is more likely to experience seasonal fluctuations than is either the DSO or the inventory turnover ratio. b. If two firms have the same ROA‚ the firm with the most debt can be expected to have the lower ROE. c. An increase in the DSO‚ other things held constant‚ could be expected to increase the total assets turnover ratio. d. An increase in the DSO‚ other things held constant
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Philosophy 11 Exam 1. I believe that the quote “Education makes music out of the noise that fills life” has a broader meaning to it than it first appears. People would first think of simply the context of it and conclude that it makes no sense‚ however‚ to me I think it means that through everyday life‚ knowing and really understanding what’s going on and knowing how to do things really makes everything flow
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Introduction Every moment in America post 9/11‚ in accordance to foreign policy‚ is critical. The results of the attack were perceived differently from both sides of the newly phrased “war on terror.” For the victims of the attack‚ revenge‚ justice and security were envisioned and for the attackers‚ revenge and justice were achieved. The newly imposed threats called upon swift and dramatic changes in the policymakers tactics in order to combat the massive blow to their infrastructure. The policymakers
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