The answers are the following:
a.
Brandon:
$7,000 + [($10,000/4)×3¿= $8,500
Ryan:
$7,000 + [($10,000/4)×1¿= $7,500
b.
Brandon $7,000
Ryan <span>$7,000</span>
Answer: A. True
Explanation: If he were inexperienced in this field or he was doing it as his hobby (casual objectives) with no goal to reproduce or add to the data already published, or were there people involved in his research, then this would have been categorized as informal research. However this setting is strictly formal, and authenticity of data is mandatory. Print and online journal articles contain the case studies already researched thoroughly.
Answer: partial release clause
Explanation:
The partial release clause is regarded as a clause which provides for deeds to portions of land to be conveyed as certain percentages of the contract price are paid.
The partial release clause simply states that when the balance on a mortgage has been paid to a particular amount, the lenders will have to release a parcel.
Revenues - Asset
Expenses - Liability
Based on the production process time, the days finished goods are kept on hand and others, the operating cycle would be 50 days.
<h3>What is the operating cycle?
</h3>
The operating cycle can be found as:
= Average production time + Finished goods holding period + Accounts receivable outstanding period - Days of credit
Solving gives:
= 40 + 15 + 35 - 40
= 50 days
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