1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
Billings Company has the following information available for September 2017.
kumpel [21]

Answer:

Part a

Contribution Margin = 29.95% (2 d.p)

Part b

                             Billing Company

                 CVP Income for as at September 2017

                                                      Total                      Per Unit

                                                         $                               $

Sales                                          295704                       444

Less Variable Costs                  (138084)                      (311)

Contribution                               157620                        133

Fixed Costs                                 (59850)                     89.86

Net Income                                  97770                       43.14

Part c

Billing`s break even point is 450 units

Part d

                                    Billing Company

     CVP Income for as at September 2017 - Break Even Point

                                                      Total                      Per Unit

                                                         $                               $

Sales                                           199800                       444

Less Variable Costs                  (139950)                      (311)

Contribution                                59850                        133

Fixed Costs                                 (59850)                      133

Net Income                                       0                              0

Explanation:

Part a

Contribution Margin = Contribution/Sales × 100

Therefore contribution margin is  ($444-$311)/$444 * 100 = 29.95% (2 d.p)

Part b

Sales - Variable Cost = Contribution

Net Income  =   Contribution - Total Fixed Costs                            

Part c

Break Even Point is when Billings neither makers a profit or loss.

Break Even Point ( Units) = Total Fixed Cost/Contribution per unit

Therefore Break Even Point (Units) = $59850/$133 = 450 units

Part d

The total and unit CVP should neither reflect a profit or loss at a capacity of 450 units as this is the break even point. In this case profit = nill

7 0
3 years ago
What is one reason that firms partner with communities to increase economic development?.
AURORKA [14]

Firms collaborate with communities to increase economic development for a variety of reasons, including the development of workplace skills.

What is  economic development?

Programs, methods, plans, policies, and actions that raise the standard of living in a country are referred to as "economic development."

The development of workplace skills contributes to economic growth by enhancing an employee's efficiency and working style. With the use of new technology, the firm has rapidly grown.

As a result, development of workplace skills to increase economic development.

Learn more about on economic development, here:

brainly.com/question/12732118

#SPJ1

6 0
2 years ago
Murray Plc owns​ 60% of the equity share capital of Federer Ltd. For the year ended 31 December 20X6 Federer reported profit aft
KengaRu [80]

Answer:

$76,640

Explanation:

The solution of profit attributable to the​ non-controlling interest is provided below:-

Percentage of equity share capital = 100% - Equity share capital percentage

= 100% - 60%

= 40%

As we know that if profit percentage is 25% on cost so sale percentage is equals to 20%

So,

Profit on sale value = Sale percentage × Sale value

= 20% × $60,000

= $8,400

now,

Total adjust profit = Profit after tax - Unrealized profit on unsold stock

= $200,000 - $8,400

= $191,600

and, after the total adjust profit finally

Profit attributable to the​ non-controlling interest = Total adjust profit × Percentage of equity share capital

= $191,600 × 40%

= $76,640

3 0
3 years ago
client is using the Sales on Account workflow. Instead of receiving a payment against the invoice, they add a new deposit catego
gtnhenbr [62]
The right answer is B
6 0
3 years ago
A nurse researcher will choose an ex post facto design over more a correlational design because:
Dafna1 [17]
Well because a retrospective or ex post facto study offers a higher level of control than a correctional study!!
6 0
4 years ago
Other questions:
  • How is the trading in the stocks of major corporations regulated?
    5·1 answer
  • 1. Which of the following is NOT a general characteristic of a service? A. Production and consumption are simultaneous. B. The s
    11·1 answer
  • Convex Mechanical Supplies produces a product with the following costs as of July 1, 20X1: Material $6 Labor 4 Overhead 3 $13 Be
    11·1 answer
  • A firm has inventory of $46,500, accounts payable of $17,400, cash of $1,250, net fixed assets of $318,650, long-term debt of $1
    6·1 answer
  • Below are the account balances for Cowboy Law Firm at the end of December. Accounts Balances Cash $ 3,600 Salaries expense 1,300
    5·1 answer
  • Why do most businesses fail in their first year?
    7·2 answers
  • At December 31, 2021 and 2020, Sheridan Company had 171000 shares of common stock and 12000 shares of 7%, $100 par value cumulat
    8·1 answer
  • To be protected under the Copyright Act, a work must be a. a concept, principle, or discovery. b. none of the choices. c. an ins
    13·1 answer
  • List out the tasks of an overseer.​
    9·1 answer
  • The part of a disaster recovery policy that identifies the organizational units and groups of employees to which the policy appl
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!