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Vera_Pavlovna [14]
3 years ago
11

A buyer and a seller agreed to a home sale. it was not written, but the parties shook hands to cement the deal. the buyer paid a

$5,000 earnest money deposit to the seller. this agreement is
Business
2 answers:
goldfiish [28.3K]3 years ago
7 0

ANSWER: Oral or Verbal Agreement.

EXPLANATION: The kind of agreement where it is not written it known as oral or verbal agreement. This is also a temporary agreement and can be ended without any notice or intimation by any of the party involved in it. It can also happen that the money which are being paid to the seller is not recovered or returned. There are no proof of any amount being paid by the buyer to the seller.

ryzh [129]3 years ago
4 0

Answer: oral or verbal contract

A buyer and a seller who agreed to a home sale who just shook hands and without a written document went thru an oral contract or verbal agreement. There must be an offer and an acceptance to make this oral contract valid.

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2. What are some ways you should categorize your financial documents (choose all that apply)
drek231 [11]

Answer:

<h2><u>Credit Card Statements</u></h2><h2><u>Tax Returns </u></h2><h2><u>Bank Statements</u></h2>

Explanation:

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4 0
3 years ago
Hastings Corporation is interested in acquiring Vandell Corporation. Vandell has 1 million shares outstanding and a target capit
Romashka [77]

Answer:

$40.79 per share and $52.90 per share

Explanation:

Cost of Debt (Kd) = Wd * Rd (1 - T)

Cost of Debt for Vandell Corporation is $7.30 * (1 - 0.40) = 4.38%

Cost of Equity (Ke) = Rf + \beta * Rp

Cost of Equity for Vandell Corporation is 6 + 1.10 * 7 = 13.70%

Weighted Average Cost of Capital (WACC) = Wd * Kd + We * Ke

Cash Flow of Firm = $2.5m + $3.2m + $3.5m + $3.57m = $12.77

Weight of Equity = $8.94

WACC = 30% * 4.38% + 70% * 13.70% = 10.9%

CashFlows after discounting synergy will be = $40.79

3 0
3 years ago
LBM, Inc. issues 25,000 shares of common stock for $20 per share. The stock has a par value of $1 per share. By what amount woul
Arisa [49]

Answer:

$475,000

Explanation:

Calculation for By what amount would LBM credit capital in excess of par

Dr Cash $500,000

(25,000 shares*$20 per share)

Cr Common Stock $25,000

(25,000 shares*$1 per share)

Cr Capital in excess of par $475,000

($500,000-$25,000)

Therefore based on the above Journal entry and calculation the amount that LBM would credit as capital in excess of par will be $475,000 ($500,000-$25,000).

5 0
3 years ago
Consider Figure 9.2 on page 205 of our textbook. Suppose P0 is $10 and P1 is $11. Suppose a new firm with the same LRAC curve as
Oduvanchick [21]

Answer:

The 10,000 units of output that will be supplied by the two firms to the market.

Profit that each firm would earn will be higher than previous.

Explanation:

The firm selling 4,000 units at the price of $10 per unit. If the output is increased to 6,000 units the price will increase to $11 per unit. If the new 6,000 units are produced along with the previous 4,000 units then the total output supplied by the two firms will be 10,000 units (6,000 + 4,000). The supply of goods in the market will increase so price will fall and the revenue for the firms will decline but they can benefit with sales volume and their profit can increase.

8 0
3 years ago
An online travel agency such as Travelocity is an example of a(n) _____.
Yuliya22 [10]
D............................................................................................................
6 0
4 years ago
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