Answer:
$84,200
Explanation:
The computation of the amount that should be presented the note as on Dec 31 for year 2 is shown below:
= PV factor 9%, 2 periods × non-interest bearing note amount
= 0.842 × $100,000
= $84,200
Here we considered the 9% interest rate as it is the revalued with respect to the fair value and the same is to be considered
Answer: Triple net lease or NNN lease or net-net-net lease
Explanation:
Single Net Lease also called net lease or N lease: This is a type of lease in which the tenant pays for tax in addition to the payment of rent of occupancy which makes the landlord responsible for other expenses such as insurance and utilities.
Double Net Lease or net-net lease or NN lease: The tenant pays for tax and insurance expenses in addition to the rent of occupancy. The landlord is responsible for the other expenses.
Triple Net Leases or net-net-net lease or NNN lease: This is a type of lease in which the tenant pays forthe rent of occupancy and other expenses such as tax, insurance, utilities and repairs which leaves the landlord to charge lower rent.
The triple net Lease answers your question
Answer:
Increase expenditure or cut taxes to increase aggregate demand.
Explanation:
A recessionary gap is a macroeconomic term which portrays an economy working at a level underneath its full-employment equilibrium. Under a recessionary gap condition, the degree of real gross domestic product (GDP) is lower than the degree of full employment, which puts descending pressure on prices over the long haul.
Answer:
4,000 units
Explanation:
Given that
Sales volume = 60,000 units
Budgeted production = 54,000 units
Beginning finished goods = 10,000 units
The computation of units for ending finished goods inventory is computed below:-
Budgeted production = Ending finished goods + Sales volume - Beginning finished goods
54,000 = Ending finished goods + 60,000 - 10,000
54,000 = Ending finished goods + 50,000
= 4,000 units
Answer and Explanation:
In the given case, the second will would be destroyed non-intentionally by the testatrix that represent the person who writes the will. Also the second will would have be intended to revoke the first will
In addition to this, Testatrix intends the second will to be value also at the same time she dont want the first will to be probated
So the second will would be upheld because of testamentary motive.