False , your not permitted to spend the money unless you need to do so.
Answer:
D) $3,285.
Explanation:
Date Purchases Sales
Jan. 1 initial inventory 500 @ $9
Jan. 14 375 @ $14
Jan. 17 250 @ $10
Jan. 25 250 @ $11
Jan. 29 260 @ $16
January 31 only 365 units left.
Under LIFO what is the cost of inventory?
365 units x $9 per unit = $3,285
Answer:
c. Increasing all prices and his income by $3
Explanation:
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal.
According to the law of demand, there exist a negative relationship between the quantity of goods demanded and the price of a good i.e when the prices of goods and services in the market increases or rises: there would be a significant decline or fall in the demand for this goods and services.
This ultimately implies that, an increase in the price level of a product usually results in a decrease in the quality of real output demanded along the aggregate demand curve.
This ultimately implies that, increasing all prices and the income of a rational consumer by $3 could possibly change his demand.
A rational buying motive is typically based on the consumer's logical and economical consideration of a product in terms of price, durability, need, quality, etc. Thus, it involves a careful consideration of a product rather than feelings as in emotional buying motive.
Answer:
The answer is: Confidentiality
Explanation:
A Real State Buyer Agent has to comply with a series of fiduciary duties known as COLD AC:
- Care
- Obedience
- Loyalty
- Disclosure
- Accounting
- Confidentiality
Do to confidentiality responsibility, they cannot either:
- disclose the seller’s willingness to take a price lower than the list price,
- nor disclose the buyer´s willingness to pay a price higher than the offer price.
Answer:
b. slightly higher than 12%.
Explanation:
As it received 198,000 dollars from the 200,000 face value there is a discount of 2,000
therefore the actual market rate in the bonds will be above par as it will pay 12% like if it receive 200,000 but only get 198,000 in reality thus the cost of ddebt based on the actual amount received is above 12%