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posledela
2 years ago
15

Pat, the buyer's agent, was told by the prospective buyer to present an offer of $150,000 with the promise that he would increas

e it to $152,000 if the seller rejected $150,000. Pat must
a. Present the offer and disclose the promise to increase the offer
b. Keep the confidence of his buyer while presenting the $150,000 offer
c. Refuse to present the offer
d. Tell her broker of the verbal part of the offer
Business
1 answer:
vichka [17]2 years ago
4 0

Answer:

B

Explanation:

The prospective buyer assured Pat he would increase the offer to $152,000 if the seller rejected $150,000

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Live Forever Life Insurance Co. is selling a perpetuity contract that pays $1,450 monthly. The contract currently sells for $114
romanna [79]

Answer:

a. 1.27%

b. 15.24%

c. 16.35%

Explanation:

a. What is the monthly return on this investment vehicle?

The formula for the value of a Perpetuity is;

Value = Payment/ rate

Rate = Payment/ Value

Rate = 1,450/114,000

= 0.0127

= 1.27%

b. What is the APR?

APR is the annual rate. The above figure is the monthly rate.

APR = Monthly rate * 12

= 1.27 * 12

= 15.24%

c. What is the effective annual return?

Effective annual return = [1 + (APR/n)]^n – 1

n is the number of compounding periods which is 12 here for monthly compounding.

= [1 + (15.24%/12)]^12– 1

= 16.35%

5 0
2 years ago
Liabilities are:___________ a) deferred credits that are recognized and measured in conformity with generally accepted accountin
adell [148]

Answer: d) obligations arising from past transactions and payable in assets or services in the future.

Explanation:

Liabilities are financial obligations meant to be catered for by an organization in the running of its business.

8 0
3 years ago
A flower delivery business wants to raise their overall sales volume to increase profit. After analyzing their costs, they choos
Mrac [35]

Answer:

C) By lowering the price of the flower arrangements to increase demand.

Explanation:

According to the law of demand, the lower the prices, the higher the quantity demanded and the higher the price ,the lower the quantity demanded.

When prices are reduced, demand increases, revenue increases and net profit increases.

I hope my answer helps you.

7 0
3 years ago
If a coconut is a normal good and the price of coconuts increases, then the movement that would take place in the model could be
masya89 [10]

If a coconut is a normal good and the price of coconuts increases, then the movement that would take place in the model could be B to A.

<h3>What happens when prices rise?</h3><h3 />

For Normal goods, a rise in prices would mean a fall in the quantity demanded. This is shown by the demand curve which shows the relationship between the quantity demanded and price.

When there is a price change, the movement will be along the demand curve which means that the demand curve would see a movement from Point B to Point A for coconuts.

Find out more on price changes and the demand curve at brainly.com/question/1139186

#SPJ1

8 0
1 year ago
Many customers have visited Patty’s Diner for decades because of the diner’s friendly service. Most customers feel that Patty’s
timurjin [86]

Answer: Strength.

Explanation:

SWOT analysis of a company is a study into the strength, weakness, opportunities and threats facing that company. At Patty's Diner, the friendly service is an area of strength which the restaurant uses to attract buyers to their shop. Hence Patty's Diner has to maintain the friendly service they render.

5 0
3 years ago
Read 2 more answers
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