What is the amount of earnest money deposit paid by the purchaser called?

A married customer who has an individual account dies. The broker who handles the account learns that one of the major holdings

arlik [135]

If a customer happens to pass the account must be shut down. Nothing can be done until found appropriate by someone showing proper documents which would then transfer the account into the name of an executor. The documents can be a death certificate, the will, or inheritance tax waivers

8 0

2 years ago

The Industrial Revolution brings about the use of production processes dependent on new machines and interchangeable parts.

RideAnS [48]

Answer:

True

Explanation:

Industrial Revolution can be regarded as transition from old to the new manufacturing processes which begins from some part of the world such as

Europe and United States, within some period from of 1760 and it's improving up till date. Some of the causes of Industrial Revolution are development of trade as well as the rise in business activities. It should be noted Industrial Revolution brings about the use of production processes dependent on new machines and interchangeable parts.

5 0

2 years ago

WILL GIVE BRAINLIEST

Alexxx [7]

Sociological i believe

7 0

3 years ago

Read 2 more answers

Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, p

Sonbull [250]

Answer:

Sonic Inc.

a) Sales Budget:

Rumble Thunder

Total units sold 8,550 7,450

Unit sales price $135 $210

Sales value $1,154,250 $1,564,500

b) Production Budget:

Rumble Thunder

Total units sold 8,550 7,450

Desired inventory (units), June 30 299 56

Estimated inventory (units), June 1 260 64

Units to be produced 8,589 7,442

Explanation:

a) Data and Calculations:

Rumble Thunder

Total units sold 8,550 7,450

Desired inventory (units), June 30 299 56

Estimated inventory (units), June 1 260 64

Units Produced 8,589 7,442

Rumble Thunder

Expected sales volume (units):

Midwest Region 3,650 3,200

South Region 4,900 4,250

Total units sold 8,550 7,450

Unit sales price $135 $210

a) The Sonic Inc.'s sales budget determines the production budget. When the quantity to be sold is obtained, then production planning can take place based on meeting customers' demand for goods or services.

b) The Production budget is a bye-product of the sales budget, though, it is critical in the whole value chain. It is the production budget that guides production planning, including the type, design, and other features of the product.

6 0

2 years ago

Assume that you just won $35 million in the Florida lottery, and hence the state will pay you 20 annual payments of $1.75 millio

Rus_ich [418]

Answer:

$21.277 million

Explanation:

Data provided in the question:

Amount of lottery won = $35 million

Number of annual payments = 20

Amount of annual payment = $1.75 million

Interest rate = 6%

Now,

Present value of the payment = Payment × Present value factor

Also,

Present value factor = [1 + r]⁻ⁿ

Since the payment started immediately

Therefore,

Base year i.e n = 0

Thus,

we have

Year (n) Annual payment Present value

0 $1.75 million $1.75 million

1 $1.75 million $ 1.650943 million

2 $1.75 million $1.557494 million

3 $1.75 million $1.469334 million

4 $1.75 million $1.386164 million

5 $1.75 million $1.307702 million

6 $1.75 million $1.233681 million

7 $1.75 million $1.16385 million

8 $1.75 million $1.097972 million

9 $1.75 million $1.035822 million

10 $1.75 million $0.977191 million

11 $1.75 million $0.921878 million

12 $1.75 million $0.869696 million

13 $1.75 million $0.820468 million

14 $1.75 million $0.774027 million

15 $1.75 million $0.730214 million

16 $1.75 million $0.688881 million

17 $1.75 million $0.649888 million

18 $1.75 million $0.613102 million

19 $1.75 million $0.578398 million

Hence,

The present value of the winnings = ∑ Present value of payments

= $21.277 million

7 0

3 years ago