The North Carolina offer to buy and settlement is likewise often called a due diligence agreement.
Due Diligence is a procedure that entails threat and compliance by taking a look at, engaging in research, overview, or audit to verify statistics and facts about a selected challenge.
Due diligence money is a fee that consumers proffer on the time they make a proposal on a home. In essence, it's for the consumer's excellent religious charge to the vendor. at some point in the due diligence period, the vendor pulls the house off the marketplace while the purchaser completes inspections.
Not including the fees for both the buyer's and supplier's team, legal professionals' expenses for due diligence would possibly range from $ to five-50,000, fine of profits critiques can range from $30-300,000, and a marketplace study will range from $one hundred fifty-350,000, and consulting corporations will have prices on the pinnacle of these.
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Answer:
Amount
Sales $190,000
Less: Cost of goods sold <u> ($119,700)</u>
Gross profit $70,300
Less: Expenses
Labor expenses ($41,590)
Depreciation Expense ($18,000)
Selling expense ($ 1,260)
Administrative expense ($680)
Other expense ($330)
Allocated costs (Uncontrollable) ($2,035)
Research and development (Uncontrollable) ($310)
Marketing Costs (Uncontrollable) ($790)
Total Expenses <u> ($64,995) </u>
Pretax Income $5,305
Less Income Tax Expense <u> ($ 1,114) </u>
Net Income <u> $4,191 </u>
Income tax expense = 21% * 5,305
= $1,114
The answer is C.Money is used as a medium of exchange
Answer: (B) Civil society
Explanation:
The civil society is one of the type of organization in which the various types of collective actions are taking place in order to share the common values and interests.
It basically enhance the services and the used in the decision making process based on the public and the economical rights.
According to the given question, the civil society is one of the part of citizen campaigned that is against sanction of the new factory that start building in the residence area.
Therefore, Option (B) is correct answer.
Answer:
$59,309
Explanation:
Years Cash flow PV Factor at 10% Present value of cash flows
0 225,000 1.00000 225,000
1 75,000 0.90909 68,182
2 75,000 0.82645 61,983
3 75,000 0.75131 56,349
4 75,000 0.68301 51,226
5 75,000 0.62092 <u>46,569</u>
Benefit of remodeling project <u>$59,309</u>
Note: Year 0 PV factor = 1/(1+10%)^0 = 1
