Answer:
Supplier sells the goods at various prices, depending on how much consumers want it, and at the rate that the goods are being sold.
For example, now, during the pandemic, face masks are now in very very high demand. Due to this, suppliers has now increased the price of the face masks, as to take advantage of the current situation
Answer: demand assurances of performance from stonework
Explanation: In simple words, assurance of performance refers to the written guarantee from the service provider that the service will be preformed as per the fixed guidelines.
These assurances is very common in contracts which requires specific performance or performance from a specific person or an entity.
These contracts can be used in the court of law in case any conflict between the related party happens in future, thus it provides satisfaction to the paying party to some extent.
Answer:
Promissory Note.
Explanation:
A signed document containing a written promise to pay a stated sum to a specified person/institution or the bearer at a specified date is known as promissory note.
A promissory agreement can be defined as an evidence of a debt and as such involves the use of a legal financial tool such as a promissory note as a written promise to declare that a party (borrower) would pay another (lender) at a specific period of time.
Answer:
The answer is C. operating activities section
Explanation:
Irrespective of whether it is direct method or indirect method, decrease or increase in accounts receivable will be in an operating activities section. Changes in working capital like inventory reflects in operating section.
Investing section contains the purchase and sale of long term asset or investment. And financing section is about repayment of debt and equity
