She should choose to<span> take a lump-sum of $271,000 now. This is the best option since the other option would have a present value less than $271,000. If you use the present value annuity calculator, you can get the present value of the installment option to be </span>$259,768.60. Therefore, the the lump – sum payment option is the most appropriate.<span> </span>
Answer:
c. It reverts back to C
Explanation:
Grantor C conveys a large house and land to his daughter and son-in-law to be theirs as long as they are married. One year later they are divorced, The property is reverted back to C that is the Grantor. The property is neither given to the daughter nor to the son-in-law. This according to the American court law.
Answer:
Journal entry on February 8 :
Debit : Cash $2,673
Debit : Discount received $27
Credit : Account Receivable $2,700
Explanation:
The journal entry that Smart makes on February should show the Cash payment net of cash discount, a decrease in Total Account Receivable balance and recognition of an expense discount allowed up to 1 %.
<span>Entrepreneurial ability refers to the human resource of finding resources, making business decisions, and creating new products
this statement is true because its human ability to find resources
hope it helps</span>
Answer:
D. liquidity risk
Explanation:
Liquidity risk refers to the risk that occurs when a person or an organization unable to convert their hard assets into cash or cash equivalent as soon as possible.
This can be seen In the example above,
After moving to another city, Nisha probably need her money to purchase new property or purchase her basic needs. But she can't do it until she's able to sell the property that she has in her old place. This is why unable to sell her property created a liquidity risk for Nisha.
