Answer: $2,890,426
Explanation:
= Cash received + Mortgage assumed - Points paid by Peyton - Broker's ,commission
= 1,867,200 + 1,120,320 - 22,406 - 74,688
= $2,890,426
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Answer:
Gamma
Explanation:
Current ratio is an example of a liquidity ratio. Liquidity ratios measure a firm's ability to honour its short terms obligations. the higher the current ratio, the higher the firm's liquidity and its ability to meet short term obligations
Current ratio = current asset /current liability
Alpha = $74,524 / $60,100 = 1.24
Beta = $207,536 / $152,600 = 1.36
Gamma = $60,125 / $32,500 = 1.85
Delta = $95,335 / $82,900 = 1.15
Gamma has the highest current ratio and the best short-term solvency position
Answer: D. is a necessary, but not sufficient, condition for the maximization of profits.
Explanation:
In the labor market, the condition for equilibrium is that marginal revenue product of labor will be equal to the wage rate, abd also that MPL/PL=MPK/PK.
It should be noted that the equation MPL/PL = MPC/PC is a necessary, but not sufficient, condition for profit maximization.
<span>Stephanie Seals, a CPA who is working for Brentwood Corporation as a controller is not in a public practice, but she can use her CPA status on her business cards as long as she also includes her employment title on the business cards.</span>
