Answer:
performance of a contract
Explanation:
When you enter a contract you can perform your part of the contract, not perform your part of the contract or partially perform your part of the contract. In legal terms, there is no such thing as over performance.
in this case, Zack performed his part of the contract. Him making a slightly higher deposit or getting the inspection done before the due date, will not alter the total consideration of the contract, e.g. selling price will remain unchanged and the house will be the same one.
Annual rate of return is the amount you gain/lose on average each year. it is calculate as the following:
Rate of Return = (ending value - amount invested) / the number of years
OR
(1,100,000 - 1,680,000) / 3 = annual rate of return
Answer:
The correct answer is letter "C": managerial accounting.
Explanation:
Managerial Accounting is an internal accounting system that helps managers to assess their decision outcomes. One common managerial accounting function is to assess the profit margin on the goods of the company. This information helps top executives set prices on those goods to ensure that good enough profit margins are being earned.
Answer:
$900,000
Explanation:
Given that,
Perpetuity payment = $100,000
Annual interest rate = 12.5 percent
Total value of investment should be:
= Perpetuity payment ÷ Annual interest rate
= $100,000 ÷ 0.125
= $800,000 (should be as balance on the date of retirement)
The first payment of $100,000 should be on the date of retirement
Therefore,
Total investment on the date of retirement should be:
= $800,000 + $100,000
= $900,000
When a country can produce a product more cheaply than its trading partners, it is known as: <span>comparative advantage
For example, United States often imported exotic fruits from Brazil. Since Brazil is a tropical country, the cost in producing exotic fruits will be significantly lower compared to growing it in the United States. Therefore, we can say that brazil has a comparative advantage in this product compared to united states.</span>
