Sam gerard entered into a contract for rim country landscaping to install landscaping, sprinklers, and lighting on his cabin lot. the $10,000 contract called for 3 spruce pine trees, 6 quaking aspen trees, and 18 shrubs of varying types and colors. when rim country finished the landscaping, there were 3 evergreen pine trees, 6 red plum trees, and 12 shrubs. the sprinklers did not turn on because rim country lost the solar timing mechanisms. the lighting was defective and rotated on and off all day and all night. sam refused to pay rim country until the correct trees were put in and the lighting and sprinkler systems worked. which of the following statements is correct? 1. sam need not pay because rim country did not complete the work as required, and the systems were not working.2. sam will have to pay because the contract was substantially performed.3. rim country is entitled to compensation for the work done even though it was incorrect and not working.4. rim country is entitled to payment under the doctrine of substantial performance.

If a firm plans to issue new stock, flotation costs (investment bankers' fees) should not be ignored. there are two approaches to use to account for flotation costs. the first approach is to add the sum of flotation costs for the debt, preferred, and common stock and add them to the initial investment cost. because the investment cost is increased, the project's expected return is reduced so it may not meet the firm's hurdle rate for acceptance of the project. the second approach involves adjusting the cost of common equity as follows: . the difference between the flotation-adjusted cost of equity and the cost of equity calculated without the flotation adjustment represents the flotation cost adjustment. quantitative problem: barton industries expects next year's annual dividend, d1, to be $1.90 and it expects dividends to grow at a constant rate g = 4.3%. the firm's current common stock price, p0, is $22.00. if it needs to issue new common stock, the firm will encounter a 6% flotation cost, f. assume that the cost of equity calculated without the flotation adjustment is 12% and the cost of old common equity is 11.5%. what is the flotation cost adjustment that must be added to its cost of retaine

Marco works in the marketing department of a luxury fashion brand. he is making a presentation on the success of a recent marketing campaign that included a fashion show. which slide elements can he use to include photographs and footage of the fashion show in his presentation? marco can use the: table images audio option to include photographs and the: flowcharts images video option to include footage of the fashion show.

On december 31, 2013, coronado company issues 173,000 stock-appreciation rights to its officers entitling them to receive cash for the difference between the market price of its stock and a pre-established price of $10. the fair value of the sars is estimated to be $5 per sar on december 31, 2014; $2 on december 31, 2015; $10 on december 31, 2016; and $8 on december 31, 2017. the service period is 4 years, and the exercise period is 7 years. prepare a schedule that shows the amount of compensation expense allocable to each year affected by the stock-appreciation rights plan.