Answer:
Unilateral contract
Explanation:
A unilateral contract is one which is agreed to based on the performance of one party.
Simply put, a unilateral contract in one in which there is agreement based on performance.
From the above question, the carpenters performance determines the contract. If he fixes the job within Saturday, he gets $1,000. If he doesn't finish within saturday, the carpenter doesn't get $1,000. The 'saturday' is the conditon for the payment of $1,000.
Answer:
$749.57
Explanation:
equivalent annual annuity = (NPV x rate) / [1 - (1 + rate)⁻ⁿ]
- using a calculator, the NPV = $2,630
- rate = 13.1%
- n = 5
equivalent annual annuity = ($2,630 x 0.131) / [1 - (1 + 0.131)⁻⁵] = $344.53 / 0.4596 = $749.57
The equivalent annual annuity is used to compare mutually exclusive projects and determine which yields the highest annual returns.
Answer:
a decrease in the unemployment rate
Explanation:
Macroeconomics is a branch of economics that studies the economy as a whole. Economic variables studied in macroenomics includes GDP, unemployment, inflation etc
Microeconomics is a branch of economics that studies the behaviour of economic agents- individuals and firms in the economy.
I hope my answer helps you
Answer:
Following are the solution to this question:
Explanation:
In point a:
Journal Entry :
Account Dr Cr.
Goods completed 
Processing work
Complete total labour costs
In point b:
Uncompleted jobs cost:
Answer:
B. Imposed Non Exchange Transactions
Explanation:
A non exchange transaction is a form of transaction whereby a party or a group or an individual receives something of value without directly giving value back in exchange. In non exchange transactions, a party gives value to another without directly receiving approximate value in exchanges. Grants, taxes, special assessments, fines and so on are all parts of non exchange transactions. However, taxes and fines are imposed non exchange transactions because they are assessed and not derived from transactions.
