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2 years ago

in analyzing a real estate purchase contract, you should be able to find all of the following items except

Business

1 answer:

Snezhnost [94]2 years ago

7 0

In analyzing a real estate purchase contract, you should be able to find all of the following items except

prior transfer date and
purchase price.

See further explanation on some of the above terms below.

<h3>What is purchase price?</h3>

The purchase price is the amount paid by an investor for an investment, and it serves as the investor's cost basis for computing gain or loss when the investment is sold.

Any commission or sales costs paid for the investment are included in the purchase price, and the weighted average cost is applied for subsequent purchases of the same asset.

<h3>What is a real estate purchase contract?</h3>

A real estate purchase agreement is a legally enforceable contract that controls the acquisition and selling of real estate. It is a contract between a buyer and a seller that describes the terms of the transaction and the conditions under which a sale will take place.

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Full Question:

In analyzing a real estate purchase contract you should be able to find all of the following items EXCEPT

sale price

legal description

date of sale

prior transfer date and purchase price

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Honey bee company (hbc) enters into an oral contract with ivan under which he agrees to clean hbc's offices for two years. this

Bingel [31]

This contract with honey bee company and ivan who enter into an oral contract with ivan under which he agrees to clean hbc's offices for two years is enforceable by neither of the party. Neither of the party is enforceable by this contract they make.

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3 years ago

Over a certain period, large-company stocks had an average return of 12.59 percent, the average risk-free rate was 2.58 percent,

suter [353]

Answer:

The answer is 14.87%

Explanation:

Solution

Given that:

A large company stock had an average return of =12.59%

The average risk free rate = 2.58%

A small company stocks average is =17.45

The next step is to find the risk premium on small-company stocks for this period

Thus,

The risk premium on small-company stocks = Average return on small-company stocks - average risk-free rate

So,

Risk premium on small-company stocks = .1745 - 0.258

=0.1487

Therefore the risk premium on small company stocks for the period was 14.87%

6 0

3 years ago

Bushard Company (buyer) and Schmidt, Inc. (seller) engaged in the following transactions during February 2019:

Allisa [31]

Answer:

Bushard Company (buyer) and Schmidt, Inc. (seller)

Journal Entries:

Bushard Company

Feb. 10 Debit Inventory $5,000

Credit Accounts payable (Schmidt, Inc.) $5,000

To record the purchase of goods on account, via Invoice 1980, terms 1/10, n/30.

13 Debit Accounts payable (Schmidt, Inc.) $200

Credit Inventory $200

To record the return of damaged goods and received Credit Memorandum 230.

19 Debit Accounts payable (Schmidt, Inc.) $4,800

Credit Cash $4,752

Credit Cash Discounts $48

To record the payment on account and discounts.

Schmidt, Inc.

Feb. 10 Debit Accounts receivable (Bushard Company) $5,000

Credit Sales revenue $5,000

To record the sale of goods on account, Invoice 1980, terms 1/10, n/30.

13 Debit Sales returns $200

Credit Accounts receivable (Bushard Company) $200

To record the return of damaged, issuing Credit Memorandum 230.

19 Debit Cash $4,752

Debit Cash Discounts $48

Credit Accounts receivable (Bushard Company) $4,800

To record the receipt of cash from customer, including discounts.

Explanation:

a) Data and Analysis:

Bushard Company

Feb. 10 Inventory $5,000 Accounts payable (Schmidt, Inc.) $5,000, Invoice 1980, terms 1/10, n/30.

13 Accounts payable (Schmidt, Inc.) $200 Inventory $200 Credit Memorandum 230, damaged merchandise.

19 Accounts payable (Schmidt, Inc.) $4,800 Cash $4,752 Cash Discounts $48

Schmidt, Inc.

Feb. 10 Accounts receivable (Bushard Company) $5,000 Sales revenue $5,000, Invoice 1980, terms 1/10, n/30.

13 Sales returns $200 Accounts receivable (Bushard Company) $200 Credit Memorandum 230, damaged merchandise.

19 Cash $4,752 Cash Discounts $48 Accounts receivable (Bushard Company) $4,800

7 0

3 years ago

Why is it important to select the right project before you begin working?

nirvana33 [79]

Because otherwise you could've wasted all of your time working on something you didn't even need to work on which could cause late or overdue assignments, bad grades, and falling behind.

3 0

4 years ago

Next, when the firms recover from the flood and businesses can start to operate again, the short-run aggregate supply curve will

Westkost [7]

When the firms recover from the flood and business start to operate again, the short-run aggregate supply curve will <u>shift to othe left to SRAS2 (B)</u> because the firms need more capitals to start producing then raise the product price. After this last shift in the aggregate supply curve, the economy will be at <u>Point B (B)</u> because the aggregate demand remains and people tend to buy fewer units of product. Finally, also suppose that people expect that there will be a huge rebuilding effort. Based on this expectation, the aggregate demand curve will <u>shift to the right to AD2 (B). </u>Because of aggregate demand's response to the expected rebuilding effort, the economy will be at <u>point D (D)</u> where the real GDP remains but inflation takes place.

To understand this case better, please take a look at the graph below.

We assume that the original position of the short-run aggregate supply is SRAS1.

When the firms recover from the flood and start to operate again, they need more capitals to produce their products. They need more capitals and investments to operate their manufacturing again. These investment and capitals could be used to reparation their machines and repurchasing new raw materials. Align with increase in costs, the firms need to raise the product price to gain some profits. Hence, the short-run aggregate supply will shift to the left and move to SRAS2 position.

Without any intervention, the new equilibrium will move to the point B where people will buy fewer units of product at the same original price. People will reject to spend more money to buy the same amount of products as before flood happens.

The government then will make public rebuilding investments and give hopes to people. People who are now expecting a huge rebuilding effort become confidence to spend more money on purchasing the products. This condition will shift the aggregate demand curve to the right.

Because of this movement, the new equilibrium will be made. This new equilibrium will be in the long-run aggregate supply (LRAS) curve but with higher vertical position. This new equilibrium shows that the real GDP will remain the same, but there will be increase in prices or inflation.

This scenario demonstrates an inflation scenario called Cost-Pushed Inflation. Cost-Pushed Inflation happens when SRAS shifts when there is an increase in production costs or products prices. AD then will shifts because of government's policy to inject money through public investment.

Learn more about Short-run Aggregate Supply here: brainly.com/question/27064601

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7 0

1 year ago