Answer:
The correct response is Option b (1.60%).
Explanation:
According to the question,
Initial investment,
= $50,000
Perpetual annual cash flows,
= $800
Now,
The interest rate will be:
=
On substituting the given values, we get
=
=
i.e.,
=
Answer:
The correct answer is letter "B": Total assets.
Explanation:
Total assets refer to the total of assets a business has and from where the institution can obtain a profit. Common assets are cash, accounts receivable, inventory, and intangible assets to mention a few. Assets can be recorded at market value according to the<em> International Financial Reporting Standards </em>(IFRS) but not following the <em>Generally Accepted Accounting Principle</em> (GAAP).
<em>Total assets are recorded on the Company's Balance Sheet and are the default base item for Income Statements.</em>
Answer:
No representation broker
Explanation:
A no representation broker represents no one in a broker relationship, the agent only represents himself. Since the broker does not represent the buyer nor the seller, he/she can help them both in order to complete the transaction. There is no loyalty nor any fiduciary responsibility in the transaction.
But no representation brokers have certain duties:
- Disclose his/her duties to the sellers and buyers.
- Deal with all parties honestly and fairly.
- Disclose all known facts that materially affect the value of residential property.
- Account for all the funds entrusted to the licensee.
Answer:
Property rights allow consumers and producers to make free choices .
Explanation:
A free market in an economic system is solely based on the market forces of demand and supply with minimum government intervention.
Property right is the authority of ownership that determines how a property can be put to an efficient use , thereby promoting efficiency.
This is necessary in a free - market system as it allows consumers and producer to make free choices , as the intervention of the government is at the minimal level.