Answer:
Option D
Explanation:
A single premium immediate annuity relates to the insurance company arrangement whereby one really pay them a large sum of money right up front (widely referred to as a premium price) and so on. The company promise to regularly (monthly, for example) give you a specific amount of benefits for the remaining of one's lifetime.
Income payments both for instant annuities are made on the basis of non-taxed main yields and earnings payouts that are taxed at levels of income tax instead of levels of capital gain.
Answer:
The ending inventory is $56,170 using the lower of cost and net realizable value.
Explanation:
With regards to the above, the conservative principle of accounting would be maintained by the company, hence would report its inventory at the lowest value.
Furniture [ 290 units × $94 each]
$27,260
Electronics [ 59 units × $490]
$28,910
Total ending inventory
$56,170
Answer:
$23,602
Explanation:
For computing the estimated total fixed cost, first we have to determine the variable cost per unit which is shown below:
Variable cost per unit = (High cost of sales - low cost of sales) ÷ (High units sold - low units sold)
= ($59,000 - $29,400) ÷ (2,200 units - 360 units)
= $29,600 ÷ 1,840 units
= $16,09
And, the fixed cost equal to
= High cost of sales - (High units sold × Variable cost per unit)
= $59,000 - (2,200 units × $16.09)
= $59,000 - $35,398
= $23,602
The
parties' intent.
An agreement is a legitimately authoritative understanding.
Once an offer has been acknowledged, there is an understanding, yet not really
an agreement. The component that changes over any agreement into a genuine
contract is "expectation to make lawful relations". The courts look
for confirm that the gatherings to the understanding expected that it ought to
be administered by, and subject to, the law of agreement; with the goal that
the agreement offers ascend to lawful outcomes. Each gathering consequently
receives a legitimate commitment, and each may look for a cure in case of
rupture.
