Answer:
Option C is the correct option.
Explanation:
As the rights and obligation of the antique rocking chair are been passed to third party, so the damage caused by the checque been bounced is the monetry consideration agreed between the party to the contract, McGraw and Tellis. So Tellis may recover money damages from McGraw. However there is a special condition that can allow Tellis recover his asset from Rio if the third party knew before purchase of this asset, that the checque paid to Tellis by McGraw was dishonoured but still he contracted with McGraw to acquire the antique rocking chair.
Overall the option C is the correct option with which the case scenario relates.
Answer:
C. The RR must explain the contingent deferred sales load to the prospect
Explanation:
Answer:
total stockholders' equity = $660000
Explanation:
given data
Issued = 15,000 shares
par value = $0.01 per share
issued = $39.00 per share
net income = $300,000
Paid dividends = $15.00 per share
to find out
total stockholders' equity
solution
we get here common stock that is express as
common stock = 15,000 × $39
common stock = $585000
and
dividends is = $15 × 15000
dividends = 225000
so
total stockholders' equity will be
total stockholders' equity = common stock + net income - dividends
total stockholders' equity = $585000 + $300,000 - 225000
total stockholders' equity = $660000
With compound interest on a principal of $5,000.00 at a rate of 8% per year compounded 1 time per year over 12 years is $12,590.85.
<h3>Compound interest</h3>
Given Data
Assuming a compounded interest approach
A = P + I where
P (principal) = $5,000.00
I (interest) = $7,590.85
Calculation Steps:
First, convert R as a percent to r as a decimal
r = R/100
r = 8/100
r = 0.08 rate per year,
Then solve the equation for A
A = P(1 + r/n)nt
A = 5,000.00(1 + 0.08/1)(1)(12)
A = 5,000.00(1 + 0.08)(12)
A = $12,590.85
Learn more about compound interest here:
brainly.com/question/24924853
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