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2 years ago

During the period after a real estate sales contract is signed, but before title actually passes, the status of the contract is

Business

1 answer:

LekaFEV [45]2 years ago

3 0

Question options:

a. voidable

b. executory

c. unilateral

d. implied

Answer:

b. executory

Explanation:

Executory means something that is yet to be finished or concluded so that it becomes valid. An executory contract is in the process of being completed and is therefore considered invalid until it is fully assuredly finished, signed, sealed and delivered.

An executory contract between two parties means contract has been signed but duties promised by either or both parties is yet to be fulfilled and will be done at a later date for contract to be fully executed.

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Marko, Inc. is considering the purchase of ABC Co. Marko believes that ABC Co. can generate cash flows of $5,000, $9,000, and $1

nika2105 [10]

Answer:

$21,435.74

Explanation:

Marko will pay as much as the discounted present value of the cash flow:

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity $5,000.00

time 1.00

rate 0.14000

$\frac{5000}{(1 + 0.14)^{1} } = PV$

PV 4,385.9649

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity $9,000.00

time 2.00

rate 0.14000

$\frac{9000}{(1 + 0.14)^{2} } = PV$

PV 6,925.2078

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity $15,000.00

time 3.00

rate 0.14000

$\frac{15000}{(1 + 0.14)^{3} } = PV$

PV 10,124.5727

We add them together and get the total price for ABC Co

$\left[\begin{array}{ccc}#&Cashflow&Discounted\\&&\\1&5000&4385.96\\2&9000&6925.21\\3&15000&10124.57\\&total&21435.74\\\end{array}\right]$

8 0

3 years ago

Puff Co. acquired 40% of Straw, Inc.'s voting common stock on January 2, Year 1, for $400,000. The carrying amount of Straw's ne

Sonbull [250]

Answer:

Investment revenue = $52,000

Explanation:

Since Puff uses the equity method, the original journal entry to record the purchase of 40% of the shares should have been:

Dr Investment in Straw 400,000

Cr Cash 400,000

After one year, Straw earned $150,000 in net income, but it also had equipment with a fair market value higher than carrying value also depreciable by $100,000. So the net income must be adjusted = $150,000 - ($100,000 x 20%) = $130,000. The journal entry to record the adjusted income should be ($130,000 x 40%):

Dr Investment in Straw 52,000

Cr Investment revenue 52,000

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3 years ago

Select the two terms that are incorrectly formatted per the USGBC trademark policy:

Vedmedyk [2.9K]

Answer:

b. US Green Building Council

c. LEED GA

Explanation:

U.S Green building council is a non profit organization that are formed to promote sustainability within the built environment and has been releasing versions of the LEED rating systems since 2000. USGBC trademark policy are created to help our brand assets more consistently and correctly. Here, brand assets include trademark and logos. They look into every details of logo and trademark, like placement of mark, which text, intention of use, etc.

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3 years ago

One of the dangers in researching vendor solutions is that users and analysts _______.

slega [8]

I guess the correct answer is may want to buy one of these solutions prematurely

One of the dangers in researching vendor solutions is that users and analysts may want to buy one of these solutions prematurely.

6 0

3 years ago

Purpose of corporate management

vampirchik [111]

Answer:

to efficiently and effectively utilize the resources that the management has in hand.

hope this helps <3

5 0

3 years ago