Answer:
The earnest money must be returned to the buyer.
Explanation:
The loan objection deadline sets a specific by which the buyer must present a written notification to the seller stating that he/she will not be able to purchase the property due to problems related to obtaining a mortgage loan (or really any other reason, since only the buyer knows about his/her loan status). After this date, if the buyer cannot secure the mortgage loan and finish the purchase, the earnest money will be lost and must be given to the seller.
The best plan of activity for Olaf is devised an arrangement by
1. getting a nitty-gritty information of the venture.
2. Dissecting the current assetsFinalizing a group
3. Performing venture review
4. Actualizing and keeping a nearby beware of the task turning points and due dates.
Answer:
$240,909
Explanation:
Given:
Number of common stocks issued = 10,000
Value of common stock = $5
Fair value per share = $25
Number of shares of $15 par value = 15,000
preferred stock having a fair value of $20 per share = $530,000
Total market value of the stocks = 10,000 × $25 + 15,000 × 20 = $550,000
Now,
The proceeds that would be allocated to the common stock will be
= 
= 
= $240,909
Answer:
A periodic inventory method is a method where the inventory account is adjusted at the end of each accounting period and not continuously as with the perpetual method. All inventory purchased is recorded to a purchases account. Cost of goods sold is calculated by adding purchases to beginning inventory and then subtracting ending inventory. The following journal entries are examples of how to account for inventory under a periodic management method.
explanation:
Answer:
0.0642 or 6.42%
Explanation:
The period 't' between the year when the coin was issued, 1794, and 1971 is:

If the coin had a value of $5 and after a period of t=177 years it was worth $305,000, the annual tax rate by which the coin appreciated is determined by:
![305,000 = 5*(1+r)^{177}\\r=\sqrt[177]{61,000}-1\\r=0.0642=6.42\%](https://tex.z-dn.net/?f=305%2C000%20%3D%205%2A%281%2Br%29%5E%7B177%7D%5C%5Cr%3D%5Csqrt%5B177%5D%7B61%2C000%7D-1%5C%5Cr%3D0.0642%3D6.42%5C%25)
The annual rate was 0.0642 or 6.42%.