What are choices for this question
Answer: D. The neighbor, because obtaining financing was a condition precedent.
Explanation:
Even though it wasn't listed in the written contract, there was the condition precedent that the contract would not be binding unless funding was obtained. Condition precedent is a condition that must happen for a contract to become enforceable.
Funding was not obtained so the contract cannot be enforced. The neighbor would therefore prevail so long as the owner admits that there was indeed a condition precedent.
Answer:
$9,700
Explanation:
The computation of the consumption is shown below;
= Durable goods + Services + Non-durable goods
= $3,000 + $6,000 + $700
= $9,700
We simply added the durable goods, services and the non-durable goods so that the consumption could be come
Hence, the consumption is $9,700
Therefore the same is to be considered
Answer:
206,000
Explanation:
Sales = 590000
- CGS = 302000
Gross profit = 288,000
Less Operating Expenses:
Sellings and Admin expenses = 67000
Freight in = 15000
Total Operating expenses = 82000
Operating Income = 206,000
CGS = Beginning inventory + Purchases - Ending Inventory
CGS = 43,000 +302,000 - 43,000 = 302,000
Answer:
e. Stocks can have negative growth rates.
Explanation:
According to the given options, the option e is correct as the growth rate could never be zero and positive as it is not necessary that the growth rate should be same or constant
But in the other cases the things can be changed like the stock could assigned to more than one dividend growth rate, etc
Therefore the option e is correct
