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AveGali [126]
3 years ago
12

John and his wife Martha get a divorce. Per the divorce settlement contract, Martha agrees to pay John alimony in the amount of

$5000 per month for his lifetime or until such time as he should remarry. When John remarries three years later his alimony benefits cease because:
Business
1 answer:
OleMash [197]3 years ago
7 0

Answer:

c) the condition subsequent has occurred;

Explanation:

Since in the question it is given that the John and his wife Martha get a divorce and according to the  divorce settlement contract she agrees to pay the alimony to John for $5,000 per month for his lifetime or until that time when he should remarry

If John remarries after three years, so the alimony benefits is ceased because the subsequent condition has occurred due to which he will not get the amount further in the future

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Ace Company purchased a machine valued at $328,000 on August 1. The equipment has an estimated useful life of six years or 2.5 m
nlexa [21]

Answer:

A. $53,167

Explanation:

The computation of the depreciation expense under the straight-line method is shown below:

= (Original cost - residual value) ÷ (useful life)

= ($328,000 - $9,000) ÷ (6 years)

= ($319,000) ÷ (6 years)  

= $53,167

In this method, the depreciation is same for all the remaining useful life.

The estimated useful life in units is used in units of production method. Hence, it is ignored here.

6 0
3 years ago
. Research: Using reputable and recently published internet sources, research the
Angelina_Jolie [31]

Saving refers the method of accumulating one's capital for future use and this is done by either no spending part of one’s income or cutting down certain costs.

  • Money which are saved are either in cash at hand, in a deposit account or being invested in financial instruments such as Money market etc

  • According to Statistics from a reputable sources, for June 2021, the personal saving rate in the United States is 9.4 percent while in May, there was 10.3 percent in saving rate.

In conclusion, the factor that contributes to decrease in saving rate is the continuous rise of goods and services (Inflation) while income remain constant.

Learn more about Saving rate here

<em>brainly.com/question/6696594</em>

3 0
2 years ago
Which is true of an enterprise resource planning (ERP) system?
Evgesh-ka [11]

Answer:

c. It has compatibility problems with legacy systems

Explanation:

Enterprise Resource Planning possess issues with the legacy systems and that is completely a compatibility issue because of technological advancement internally in the organization that creates the same as well.

7 0
3 years ago
Procter &amp; Gamble makes Tide, Cheer, Ivory Snow, and Bold detergents as well as PertPlus, Rejoice, and Vidal Sassoon shampoos
MissTica

Answer:

Individual

Explanation:

Individual strategic plan: It is a plan created for achieving personal goal. These plan define how important is the goal to individual and what all sacrifice that each can bear to achieve that personal goal. Before developing an individual strategic plan, it is important to evaluate personal strength and weakness.

In the given case, Procter & Gamble have produced different products with unique and separate brand name as they are using Individual strategy, so that each brand should be clear with its usage and can be helful in penetrating in market.

4 0
3 years ago
Sony has sold the same number of television sets each month for almost a year. However, in one month that number suddenly double
Inessa05 [86]

Answer:

C. Reduced prices of Sony televisions resulted in an increase in the quantity demanded.

Explanation:

Sony is a well known brand . What could explain a sudden double increase in sales while other brands' didn't is most likely a reduction in in prices of Sony products. It is a well known brand and they sell quality products which customers trust. Having a discounted price means they are offering a sale which customers would want to take advantage of.

3 0
3 years ago
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