A purchase agreement is a legally binding contract that states the terms and conditions of purchasing a good/making a sale. This agreement is legally binding for both the purchaser and the seller. The agreement is contingent on being paid back at the date agreed and receiving the items that were intended to be paid for.
Answer:
e. $20
Explanation:
The net asset value (N) for The New American Enterprise Mutual Fund's portfolio is given by the funds total value ($120,000,000) subtracted by its liabilities ($4,000,000) and then divided by the number of shares issued (5,800,000) .
The fund's net asset value is $20
False, because you can't really use those animals for a service.
The thing which usually happens during tight money periods, generally is:
- short-term rates are higher than long-term rates.
<h3>What is a Tight Money Period?</h3>
This refers to an economic policy in which there is the need for control of inflation in the economy by the financial institution in a country.
With this in mind, we can see that when this happens in the tight money periods, there is usually short term rates which are higher than long term rates because there is a need to control the economy which is rising too quickly.
Read more about inflation here:
brainly.com/question/1082634
