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3 years ago

What’s the term for a condition that must be met before closing? Contingency Exclusion Line item Option

Business

1 answer:

Rashid [163]3 years ago

6 0

Answer:

Contingency

Explanation:

A contingency clause is a condition stipulated in a purchase agreement that must be met before the closing date. Contingencies are normally included in the purchase of properties such as homes and land. A contingency or condition usually relates to issues to do with financing, insurance, appraisal, or financing. A contingency becomes part of the sales contract should the buyer, and the seller agree on the other terms.

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Sheffield Corp. makes and sells umbrellas. The company is in the process of preparing its Selling and Administrative Expense Bud

FinnZ [79.3K]

Answer:

How much is the total budgeted variable selling and administrative expenses for October?

$17,150

Explanation:

Variable Cost Fixed Cost Total costs

Per Unit for 7,000 units

Sales commissions $0.60 $7,000 $11,200

Shipping $1.20 $8,400

Advertising $0.30 $2,100

Executive salaries $34,000 $34,000

Depreciation $8,000 $8,000

Other $0.35 $28,000 $30,450

TOTAL $2.45 $77,000 $94,150

How much is the total budgeted variable selling and administrative expenses for October?

total variable costs per unit = $2.45 x 7,000 units = $17,150

6 0

3 years ago

Consider a small country that is closed to trade, so its net exports are equal to zero. The following equations describe the eco

viva [34]

Answer:

Y = 300

government multiplier 2

output demanded increase by 20

If income tax is applied:

Y = 272.72

multipliers: 2.253775

increase 22.53775 billons

As disclosure it has a larget effect when the income tax is levied based on income rather than a flat rate.

Explanation:

DI = Y - 100

C = 30 + 0.6(Y - 100)

C = 30 - 60 + 0.6Y

C = 0.6Y - 30

Y = C + G + I

Y = (0.6Y -30) + 120 + 30

Y = 120 / 0.4 = 300

C = (0.6)300 - 30 = 150

With C we solve for the multiplier:

150/300 = 0.5

1 / (1 - 0.5) = 2

10 x 2 = 20

If variable that:

C = 30 + 0.6 (0.75Y)

C = 30 + 0.45Y

Y = 0.45Y + 120 + 30

Y = 150/.55 = 272,72

C = 30 + 0.45Y = 152,72

Propensitivity to consume:

152.72/272.72 = 0,5563

multiplier:

1 (1 - PMC) = 2.253775073

10 nillon will icnrease x 2.25377 = 22.54 billons

8 0

3 years ago

Which of the following best explains what happens when a company or government issues bonds? A. The company or government pays b

kherson [118]

Answer:

The company or government goes into debt to those who purchase the bonds.( B.)

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3 years ago

What is the Total Cost of a stock purchase if the stock price is $12, shares purchased 100, with a 2% Broker's Fee? (Stock Price

earnstyle [38]

It's a so I need 20 characters hhhhhhh

5 0

4 years ago

Read 2 more answers

QUESTION ONE (1)

ale4655 [162]

Answer:

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3 years ago