Alli hired Mitch’s Construction to build a second story on his house for a contract price of $40,000. About halfway through the job, Mitch’s Construction tells Alli it will not continue to do the work unless Alli pays an additional $5,000. Alli doesn’t want the work to stop, so he goes ahead and pays the $5,000. Mitch’s Construction then continues to work on the addition?

Using the exxon data as an example what would be the market capitalization of penny's pickles if each share is selling for $175.35?

Which of the following is not a characteristic of enterprise applications that cause challenges in implementation? a. they introduce "switching costs," making the firm dependent on the vendor. b. they cause integration difficulties as every vendor uses different data and processes. c. they are complex and time consuming to implement. d. they support "best practices" for each business process and function. e. they require sweeping changes to business processes to work with the software.

Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.