Answer:
The earnest money must be returned to the buyer.
Explanation:
The loan objection deadline sets a specific by which the buyer must present a written notification to the seller stating that he/she will not be able to purchase the property due to problems related to obtaining a mortgage loan (or really any other reason, since only the buyer knows about his/her loan status). After this date, if the buyer cannot secure the mortgage loan and finish the purchase, the earnest money will be lost and must be given to the seller.
Answer:
The answer is B In horizontal percentage analysis, a financial statement line item is expressed as a percentage of the previous balance of the same item.
Explanation:
Horizontal analysis of a balance sheet shows changes in individual assets, liability, and equity items over time.
Horizontal analysis of an income statement compares the amount of each item on a current income statement with the same item on an earlier income statement.
Horizontal analysis is used in financial statement analysis to compare historical data, such as ratios, or line items, over a number of accounting periods. Horizontal analysis can either use absolute comparisons or percentage comparisons, where the numbers in each succeeding period are expressed as a percentage of the amount in the baseline year, within the baseline amount being listed as 100%.
Answer:
$530,672
Explanation:
Base on the scenario been described in the question, we can use the following method to compute the avoidable interest on this project
Use the attached file below to find the solution to given problem .
Answer:
Option A is correct
Explanation:
Breakpoint are the investment packages at which agents offer investors sales charge discount that is the more you invest, the greater the discount on sales charge which the investor is entitled to.
Answer:
Accumulated Depreciation as on 31st December 2017 is 2448
Explanation:
Depreciation using straightline method=<u>Cost of equipment-salvagevalue</u>
useful life of the asset
Depreciation =<u> 12,240-0</u>
5years
Depreciation on 31st December 2017 = $2448
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