Answer:
True
Explanation:
The relationship between Larry and Happy Homes, Inc. has to be a written agreement. This is because the agreement is a contract between both Larry and Happy Homes Inc. involving the sale of his house which he has given Happy Homes the right to find a buyer for.
So when Happy Homes, Inc. find a buyer, Larry will be notified and the processes will take place as stated in the contract between Larry and Happy Homes, Inc.
cheers.
someone who's mad and wierd like me......
Answer:
a). $12,850 b.) 550
Explanation:
a). Shareholder equity
The shareholder equity consists of the shareholder capital contributions plus the retained earnings. calculating the shareholder's equity is through the formula shareholder equity = total assets -total liabilities
In this case,
Total assets = $5,000,+ $23,300= $28,300
Total liabilities = $4,450 + $11,000 + $15,450
Shareholder equity = $28,300 -$15,450 = $12,850
b). Net working capital
Net working capital is the difference between current assets and current liabilities. i.e., net working capital is current assets - current liabilities
current asset = $5000
Current liabilities = $ 4,450
Net working capital; = $5,000 - $4,450= $550
Answer:
The withdraw amount is "11,227.42".
Explanation:
The given values are:
In stock account,
PMT = $820
Interest rate = 
N = 300
PV = 0
In Bond account,
PMT = $420
Interest rate = 
N = 300
PV = 0
Now,
By using the FV (Future value) function, the value in Stock account will be:
= ![FV(rate,nper,pmt,[pv],[type])](https://tex.z-dn.net/?f=FV%28rate%2Cnper%2Cpmt%2C%5Bpv%5D%2C%5Btype%5D%29)
= 
By using the FV (Future value) function, the value in Stock account will be:
=
= 
After 25 years,
The value throughout the account, will be:
= 
= 
By using the PMT function, we can find the with drawling amount. The amount will be:
= ![PMT(rate, nper, pv, [fv], [type])](https://tex.z-dn.net/?f=PMT%28rate%2C%20nper%2C%20pv%2C%20%5Bfv%5D%2C%20%5Btype%5D%29)
= 
