Answer:
$1,997.62
Explanation:
Calculation to determine the prorated amount the Simpsons will owe the Martins at closing.
First step is to Calculate daily rates for taxes to be prorated
Daily rates for taxes=$2,506 ÷ 365
Daily rates for taxes= $6.87
Second step is to calculate Martins pay for the first 74 days which is January 1 through March 15
Pay=74 x $6.87
Pay= $508.38
Now let determine the prorated amount
Prorated amount=$2,506 - $508.38
Prorated amount= $1,997.62
Therefore the prorated amount the Simpsons will owe the Martins at closing is $1,997.62
A niche market does not mean a small market, but it involves specific target audience with a specialized offering.
Hope this helped!
Answer:
the insurance cost is $410
Explanation:
The computation of the insurance cost is shown below:
Given that
The exporter charged 5 by2% of the value of the goods for insured the goods
And, the goods are valued at $16,400
So the insurance cost is
= $16,400 × 5 ÷ 2%
= $16,400 × 2.5%
= $410
hence, the insurance cost is $410
Answer: The issuance of the bonds affect the financing activities of the cash flow section positively as 100,000 cash is coming in by issuing the bond so this is a positive cash flow due to financing activities.
However the interest payment will not affect the financing activities section of the cash flow because interest payments are part of the operating cash flows according to U.S GAAP interest paid is an operating activity in the cash flow.
Explanation:
Answer: B. fixed and variable costs for specified quantities of product
Explanation: You said it was correct in the comments section.