Answer is given below
Explanation:
a) Shrubbery
Roger and Emma gets to keep the shrubbery.
Real property refers to land and anything connected to the land, on the other hand, personal property means moving and not a lot of land. The bush is not permanently attached to the earth and means it is moving, so it is private property.
b) Pool
Roger and Emma gets to keep the pool.
Ground pools of any size do not have the substance and degree of durability that are considered portable and real property in nature. This is the nature of their installation and the materials used in their manufacture are portable. Roger and Emma have a swimming pool on the ground and since it's private property, they keep it.
c) House
The buyer gets to keep the house.
The house is already part of the land and already permanently fixed, so that it does not move. This means that it is real property, so Roger and Emma should leave it to the buyer as it is not considered personal property.
d) China cabinet
The buyer gets to keep the china cabinet.
The China Cabinet is a status quo. When the fixtures are attached to the property they become real assets. Attached to the house is the property of the China Cabinet. This means that Roger and Emma cannot claim it as personal property and therefore the buyer must keep it.
e) Chandelier
Roger and Emma gets to keep the chandelier
The chandelier is not considered a fixture and therefore referred to as personal property as it is not attached to the property, i.e. the house. This means that the buyer cannot keep it because it is not a real property
The risks of foreign outsourcing is that they could stop trading with you.
The amount that the sales associate earn if she sells the property for $369,000 is $11,162.25.
Sales associate's commission
First step find the total commission
Total commission=$369,000 sale price × .055 rate
Total commission= $20,295
Second step find the sales associate's commission
Sales associate's commission=$20,295 total commission × .55 split
Sales associate's commission=$11,162.25
Inconclusion the amount that the sales associate earn if she sells the property for $369,000 is $11,162.25.
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Answer:
Total cash collections in February are $133600
Explanation:
The collections in the month of February will include 20% of sales made in February in account for cash sales.
Cash sales = 140000 * 0.2 = $28000
Thus, Credit sales for February are = 140000 - 28000 = $112000
Out of these credit sales made in February, 60% will be collected in February. Thus, credit sales made in February that will be collected in February are,
February collections from February credit sales = 112000 * 0.6 = $67200
Total cash collections in February from February sales = 67200 + 28000
Total cash collections in February from February sales = $95200
In addition, out of the credit sales made in January, 40% will be collected in February.
Collection from January sales in February = 120000 * 0.8 * 0.4 = $38400
Total collections in February = 38400 + 95200 = $133600
The question is incomplete. The complete question is :
Selling bonds. Rawlings needs to raise $41,800,000 for its new manufacturing plant in Jamaica. Berkman Investment Bank will sell the bond for a commission of 2.2 %. The market yield is currently 7.7 % on twenty-year zero-coupon bonds. If Rawlings wants to issue a zero-coupon bond, how many bonds will it need to sell to raise the $41,800,000?? Assume that the bond is semiannual and issued at a par value of $ 1000. How many bonds will Rawlings need to sell to raise the $41,800,000?
Solution :
We know that a zero compound bond does not pay any coupon payments, so the bond price is present value for the cash inflow from a zero coupon bond.
The present value of a maturity value uses a YTM as a discount rate.
We will find the semi annual rates and the time periods as the semi annual bond is given.
The semi annual YTM is =
= 3.85 %
Number of the semi annual periods till maturity = 20 x 2
= 40
The bond price =
= $ 220.668308088
The investment bank will then sell the bonds at a price above but the charge will be2.2% commission on the above price.
The net proceeds to Rawlings
= $ 215.813605311
∴ The number of bonds required :
= 193,685.657
≈ 193,686 bonds