Business
Business, 12.08.2021 15:20, jimeneznancy650

""Katie is suing her sister Mimi over their mother’s will, which left everything to Mimi, including the lake house that had been in their mother’s family for two generations. Calling it a house is rather generous; it is really a shanty with two bedrooms, a small living room, a galley kitchen, a weather-worn porch, and one and a half baths—with the half serving as a tiny pantry for the kitchen. The house was used in summers, as were most such cottages since they were built in the 1950s. That was before folks got the idea that lake properties were for year-round living, and before real estate brokers got the idea that lake cottages should be called houses, and should then be torn down and replaced by narrow McMansions. Katie believes her mother’s Alzheimer’s disease caused her to leave a will that provided only for Mimi. She is attempting to have her mother’s estate put into intestacy, so that she can inherit half of the estate, which really consists of the lake cottage, now worth about $1 million. Katie’s lawyer Nicole is taking the case under the following arrangement: If Katie wins, Nicole will be paid one-third of whatever Katie inherits. Ultimately, Katie is hoping to force a sale of the lake property, so she can get the cash. Is this an allowable contingency fee arrangement?

answer
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 01:00, avablankenship
Data pertaining to the current position of forte company are as follows: cash $437,500 marketable securities 170,000 accounts and notes receivable (net) 320,000 inventories 700,000 prepaid expenses 42,000 accounts payable 240,000 notes payable (short-term) 250,000 accrued expenses 310,000 required: 1. compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. round ratios to one decimal place. 2. compute the working capital, the current ratio, and the quick ratio after each of the following transactions, and record the results in the appropriate columns of the table provided. consider each transaction separately and assume that only that transaction affects the data given. round to one decimal place. a. sold marketable securities at no gain or loss, 75,000. b. paid accounts payable, 135,000. c. purchased goods on account, 100,000. d. paid notes payable, 105,000. e. declared a cash dividend, 125,000. f. declared a common stock dividend on common stock, 45,000. g. borrowed cash from bank on a long-term note, 205,000. h. received cash on account, 130,000. i. issued additional shares of stock for cash, 635,000. j. paid cash for prepaid expenses, 15,000.
Answers: 3
image
Business, 22.06.2019 08:30, shauntleaning
Match the given situations to the type of risks that a business may face while taking credit. 1. beta ltd. had taken a loan from a bank for a period of 15 years, but its sales are gradually showing a decline. 2. alpha ltd. has taken a loan for increasing its production and sales, but it has not conducted any research before making this decision. 3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession. 4. delphi ltd. has taken a short-term loan from the bank, but its supply chain logistics are not in place. a. foreign exchange risk b. operational risk c. term of loan risk d. revenue projections risk
Answers: 3
image
Business, 22.06.2019 17:30, Blakemiller2020
Jeanie had always been interested in how individuals and businesses effectively allocate their resources in order to accomplish personal and organizational goals. that’s why she majored in economics and took on an entry-level position at an accounting firm. she is very interested in further advancing her career by looking into a specialization that builds upon her academic background, and her interest in deepening her understanding of how companies adjust their operating results to incorporate the economic impacts of their practices on internal and external stakeholders. which specialization could jeanie follow to get the best of both worlds? jeanie should chose to get the best of both worlds.
Answers: 2
image
Business, 22.06.2019 19:40, gakodir
Last year ann arbor corp had $155,000 of assets, $305,000 of sales, $20,000 of net income, and a debt-to-total-assets ratio of 37.5%. the new cfo believes a new computer program will enable it to reduce costs and thus raise net income to $33,000. assets, sales, and the debt ratio would not be affected. by how much would the cost reduction improve the roe? a. 11.51%b. 12.11%c. 12.75%d. 13.42%e. 14.09%
Answers: 3
Do you know the correct answer?
""Katie is suing her sister Mimi over their mother’s will, which left everything to Mimi, including...

Questions in other subjects:

Konu
Mathematics, 20.11.2020 21:50
Konu
Mathematics, 20.11.2020 21:50
Konu
Mathematics, 20.11.2020 21:50