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2 years ago

Which piece of information in the sales contract does not help the parties specify exactly which property is being purchased?

1 answer:

5 0

The contract piece of information in the sales contract does not help the parties specify exactly which property is being purchased.

As explained above, the sales contract should include buyer and seller information, legal description of the property, closing date, down payment amount, contingencies, and other important information about the sale. The essential elements of a sales contract are: (b) identify the subject; (c) prize money or its equivalent;

As a general rule, the full sales contract clause should state that the written contract constitutes the entire agreement between the parties. The clause must also state that the contract supersedes any previous agreements between the parties.

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with the knowledge gained from your study of introduction to Total Quality Management, discuss two measures you would put in pla

Tasya [4]

Answer:

Total quality management (TQM) is the continual process of detecting and reducing or eliminating errors in manufacturing, streamlining supply chain management, improving the customer experience, and ensuring that employees are up to speed with training.

Explanation:

Total Quality Management, TQM, is a method by which management and employees can become involved in the continuous improvement of the production of goods and services. It is a combination of quality and management tools aimed at increasing business and reducing losses due to wasteful practices.

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3 years ago

Northern Pacific Fixtures Corporation sells a single product for $28 per unit. If variable expenses are 65% of sales and fixed e

Lemur [1.5K]

Answer:

the break even point is $28,000.00

Explanation:

The computation of the break even point is given below:

= Total fixed expenses ÷ contribution margin ratio

= $9,800 ÷ (1 - 0.65)

= $9,800 ÷ 0.35

= $28,000.00

Hence, the break even point is $28,000.00

We simply applied the above formula

6 0

3 years ago

The balance sheet for Sandhill Co. reports the following information on July 1, 2022. SANDHILL CO. Balance Sheet (partial) Long-

Elena-2011 [213]

Answer:

Dr Bond Payable 2,100,000

Dr Loss on bond redemption 152,250

Cr Discount on bond 47,250

Cr Cash 2,205,000

(to record the redemption on bond as at Jul 1st 2022 at 105%)

Explanation:

As Bond redemption takes place, the Bond payable account ( which has the Credit side) and Discount on bonds payable ( which has the Debit side) should be fully lifted out of the Balance Sheet. Thus, we Debit Bond redemption by the recorded amount of $2,100,000 and Credit Discount on bonds at the recorded amount of $47,250.

The Cash paid out for bond redemption is 2,100,000 x 105% = $2,205,000 which is credited as cash decreases.

The difference between Debit and Credit side of the 03 entries described above ( 2,205,000 - 2,100,000 - 47,250 = 152,250) will be recorded as Debit to Loss on bond redemption account.

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3 years ago

Explain whether the following statement is true or false. There is no mark for stating true or false; the mark is awarded for th

Alex73 [517]

Answer:

The statement is false.

Explanation:

Oligopoly is a market situation where the market of a given good or service is dominated by a few strong, powerful providers. It could be described as a mix between monopoly and perfect competition, where there are several players in the market, but not so many that they can not influence the market price, and in which those providers are strong enough to establish a monopoly if they could. Examples of oligopoly markets are the market for cars and oil, among others, in which there are few but powerful enterprises in the market.

In oligopolies there are almost as many barriers as in monopolies: although there is competition between companies, for a new company it is almost impossible to enter the market since prices, quality and customers are retained by companies already established in the market.

4 0

4 years ago

The expected return on Natter Corporation's stock is 14%. The stock's dividend is expected to grow at a constant rate of 8%, and

AlladinOne [14]

Answer: The stock price is expected to be $57 a share one year from now.

Explanation:

The stock price is expected to be $57 a share one year from now.

Expected return = 14%

current share price= $50

expected share price in a year from now = $50 x (1 + 0.14)

expected share price in a year from now = 57

5 0

4 years ago