Answer:
$13.80
Explanation:
Calculation to determine the offering price
Using this formula
Offering Price = NAV/1-load
Let plug in the formula
Offering Price = $12.70/1-0.08
Offering Price =$12.70/0.92
Offering Price = $13.80
Therefore the offering price is $13.80
C) Requires the defendant to sign the agreement.
<h3>The Statute of Frauds: What Is It?</h3>
A legal principle known as the statute of frauds mandates that certain types of contracts be performed in writing. The law covers agreements involving the sale of real estate, transactions involving items valued at more than $500, and agreements lasting a year or longer.
<h3>What criteria does the Statute of Frauds have?</h3>
Three conditions must be met in order to satisfy the Statute of Frauds.
- It must first specify what the contract's subject matter is.
- It must also state the existence of a contract between the parties.
- The particular conditions of the contract must also be stated with a reasonable degree of precision.
<h3>What kind of agreement may not be accepted under the Statute of Frauds?</h3>
Several different sorts of contracts may not be upheld by the Statute of Frauds.
- A contract with a completion date of less than a year serves as an illustration.
- A contract would not be taken into account for the statute if someone promised to deliver a goods to someone's house within six months but never showed up.
learn more about Statute of Frauds here
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Answer:
The gross domestic product (GDP) of the United States is defined as the sum of all goods and services produced in America in a given period of time.
Therefore, options 2, 3, 4 and 5 are included on America's GDP, as all of them are produced in American territory.
Explanation:
Gross domestic product is a macroeconomic indicator reflecting the market value of all final goods and services (intended for direct consumption or use) produced in a year in all sectors of the economy on the territory of the United States, regardless of the nationality of the factors of production used.
Option 1 refers to an American company that produces in Indonesia, therefore its production would be counted for the Indonesian GDP.
All other options refer to goods or services produced in America, therefore they have to be included in American GDP.
Answer:
does not include inventory as part of the numerator
Explanation:
The acid test ratio is somewhat similar to the current ratio. Both ratios are called liquidity ratio in which the short term assets are converted into cash to pay its short term liabilities. But the only difference in these two is
Current ratio includes current assets and current liabilities
While on the other hand, the acid test ratio or quick ratio include quick asset and current liabilities
Quick asset = Total Current assets - inventory - all other current assets
As inventory takes more time to convert into cash
Answer:
yes
Explanation:
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