Answer:
20,000
Explanation:
that's the answer thank you and stay safe and take care!!!
Answer: Yes, because it is a contract whose terms prevent possible performance within one year
Explanation:
The Statute of Fraud mandates that certain contracts need to be written down. These contracts include the sale of land, amounts involving more than $500 and contracts that have a timeframe of over a year.
Melinda entered into a contract with terms that have to be fulfilled in more than a year. It is therefore under the Statute of Frauds.
Answer: It has 1 milion dollars in required reserves
Explanation:
Tot. Res = Vault cash + Deposit with Federal Reserve
Tot. Res = 2 million dollars + 8 million dollars = 10 million dollars
Total reserves are the sum of excess reserves and required reserves
.
Tot. Res. = Exce. Res. + Req. Res.
10 million dollars = 9 million dollars = Req. Res.
Req. Res. = 10 million dollars- 9 million dollars.
Req. Res. = 1 million dollars.
I believe the answers are:
a. there is no limit on the number of owners a corporation may have, thus allowing the corporation to raise substantial amounts of capital.
They do this by selling shares on the stock market. When the shares is sold in this place, every individuals who can afford the price of a single share are eligible to be part owner of the corporation.
b. the life of the business can continue beyond the death of any of the owners.
In corporations, when one of the owners somehow died, the ownership of the corporations would be transferred to the person whould receive the inheritence (usually immdediate family members)
c. the corporation can use the assets of the owners to pay for corporate liabilities.
This happen during the liquidation process. To pay for corporate liabilities, owners had to sell their assets with the equal value of their percentage of their ownership times the amount of liabilities.
Answer:
after 9 years:
FV $15,625.2437
in 14 years:
FV $31,223.0270
last, at the nineteenth year:
FV $55,222.1501
Explanation:
We have to solve for the annuity of 1,200 dollar with a yield of 9% at the proposed times:
C 1,200.00
time 9
rate 0.09
FV $15,625.2437
time = 14
FV $31,223.0270
time = 19
FV $55,222.1501
