Answer:
B. =PV(.06,10,0,10000)
Explanation:
In MS Excel the formula of Present value re is as "=PV( rate, nper, pmt, [fv] )".
PV = Present value
rate = Interest rate= 6% = 0.06
nper = number of periods = 10
pmt = payment made each period = 0 in this scenario
fv = future value = 10,000
So, according to the formula the correct sequence is =PV(.06,10,0,10000)
which is correctly mentioned in option B.
Answer:
b. Hold the tires with reasonable care for disposition as the seller instructs.
Explanation:
When goods are non-conforming to contract, the buyer has the right to reject the goods. The seller also has the right to cure the defect or ensure conformity.
1. Buyer's right to reject: In this case the buyer has the right to reject the goods on inspection, and notify the seller within a reasonable amount of time.
2. Seller's right to cure: The seller has the right to cure defect on the goods, and this can be done where there is still time to rectify the defects noticed by the buyer. In this case, the buyer is not due to pay for the goods for the next 30 days.
The seller still has the opportunity to meet the contract standard and close the deal.
So option b is correct. The buyer holds the goods pending decision of seller to either cure defects on goods or retrieve the goods.
Answer: Frictional unemployment
Explanation: Frictional unemployment results from employees changing their jobs from one to another. This kind of employment exists even in the most developed economies.
The change of jobs could occur for a number of reasons, one of which is the taste and preference of the labor force.
Hence from the above we can conclude that the correct option is A.
Answer:
Correct answer is d, the assets are sold, liabilities paid and business operations terminated
Explanation:
The partnership liquidation occurs when the day-to-day operation is closed for good. Part of liquidation's process is to sold the partnership's assets and paid all creditors (outside and partners) and divide the excess to the partners based on the profit and loss ratio or if there is still existing obligation to the creditors, the partners will pay it using their personal assets (applicable to general partner only). This stage, the life of the partnership ceased to exist.
