What were the alternatives you considered at the time of choice? (Consumer Ed)

How much time does a seller have to accept a buyer's offer if the offer does not have an expiration date?

kherson [118]

Answer: A seller has about 72 hours to decide what to do with an offer

Explanation: A seller has 72 hours to accept a buyers offer in as much as the offer does not have an expiry date.

An offer is made to buy an asset which is usually between a willing , knowledgeable buyer and a seller at an armslenght transaction.

8 0

4 years ago

g If you borrow $12,000 with an interest rate of 4 percent, to be repaid in five equal yearly payments at the end of the next fi

vodomira [7]

Answer:

The instalment amount is 2695.53

Explanation:

The present value of money or borrowed amount (PV)= $12000

Interest rate (i) = 4 percent.

Time period (n )= 5 years

Annuity = A

We have to find the instalment amount that the person repay. Below is the following calculation.

P V= A x ((1 – (1 / (1 + r) ^ -n)) / r)

A = PV / ((1 – (1 / (1 + r) ^ -n)) / r)

A = 12000 / (( 1 – (1 / (1+ 4%)^-5))/ 4%

A = 2,695.53

3 0

4 years ago

increased global trade caused both economic development and population growth in cities - especially port cities. How did this u

gtnhenbr [62]

Better integration between urban and rural areas is crucial for the socioeconomic performance of both places because they each have unique and frequently complimentary strengths.

<h3>How did urban growth affect rural economies?</h3>

In order to meet coastal demand, Indian farmers started producing more cotton; farmers and landowners in Western Europe invested in raising food production; and English landowners changed their relationship with those who plowed and harvested their fields by paying them wages rather than using sharecropping agreements.

Learn more about urban growth here:

brainly.com/question/1790550

#SPJ4

6 0

2 years ago

Copy equipment was acquired at the beginning of the year at a cost of $72,000 that has an estimated residual value of $9,000 and

Anuta_ua [19.1K]

Answer:

a) $ 63,000.

b) $ 0.063 per copy produced.

c) $19,845.

Explanation:

A : Determining the depreciable Cost.

The depreciable Cost = Acquisition cost - Salvage/Residual Value

The depreciable Cost = $72,000 - $9,000

The depreciable Cost = $ 63,000.

B: Determining the depreciation rate.

The depreciation rate = Depreciable cost/Total no. of units produced during useful life

The depreciation rate = $ 63,000/1,000,000

The depreciation rate = $ 0.063 per copy produced.

B: Determining the units-of-output depreciation for the year.

The units-of-output depreciation for the year = depreciation rate × the number of units produced for the year.

The units-of-output depreciation for the year = 0.063 × 315,000

The units-of-output depreciation for the year = $19,845.

3 0

4 years ago

A situation in which the design or operation of a control does not allow management or employees, in the normal course of perfor

Helen [10]

Answer: (A) Control deficiency

Explanation:

The control deficiency is the type of situation in which the operation and the designing of the control are not allowing the management and an employee performing the various type of assigned function.

The control deficiency process occur when the person are involving with the authority in the transaction cycle.

This situation is usually occur in an larger type of an organization. The deficiency may be on the financial report that control internally.

Therefore, Option (A) is correct.

3 0

4 years ago