Answer:
The sales price of the appraised property is $26,400
Explanation:
The sales price of of the appraised property can be expressed as;
SA=(A/C)×SC
where;
SA=selling price of the appraised property
A=appraised rent per month
C=comparable rent per month
SC=selling price of the comparable property
In our case;
SA=unknown
A=$165 per month
C=$150 per month
SC=$24,000
replacing;
SA=(165/150)×24,000=$26,400
The sales price of the appraised property is $26,400
Answer
The store cannot rescind their decision because the ownership of the goods has passed from the seller to the buyer in this case john
Explanation :This can be defined as a situation whereby the seller agree to sell the goods to the buyer in exchange for value known as money.in contract for the sale of goods, there is sale and agreement to sale. Sale is when the seller has agreed to sell the goods to the buyer in exchange for value known as money and the buyer has actually made payment for the goods.in this case, the ownership of the goods has passed from the seller to the buyer.
On the other hand,agreement to sale is when the seller has agreed to sell the goods to the buyer in exchange for money but the buyer has not made the payment. In this case,the ownership of the goods is still with the seller . Therefore, in the case of John who is a subject of our discussion, John has bought the watch from the store and made payment for it.John has the right to enjoy the watch under the law. If the seller now wants to deny John the right to have value for his money.John had the right to seek redress in the court of law in defence of his right to have value for money by enjoying the watch which he had bought from the store with his hard earned money.
Answer:
materials quantity variance: 1,200 unfavorable
Explanation:
std quantity 5400.00
actual quantity 6000.00
std cost $2.00
difference -600.00
quantity variance $(1,200.00)
The difference between standard and actual quantity is negative. We used more pounds than expected, the variance will be unfavorable.
600 extra pounds at $2.00 each = 1,200
Answer:
The statement is: True.
Explanation:
Partnerships are organizations that share ownership of two or more people. Corporations, on the other hand, are owned by shareholders who decide how and who will run the business. Partnership owners are individually liable, implying that the owners' assets can be taken away in front of the debt.
Debt or legal responsibility in companies is not individual. Liability is only dealt with at the company level. In reality, partnerships require reorganization when one of the partners is quitting or passing away, something that does not happen to corporations. For these factors, the majority of associations find it difficult to raise significant amounts of funds relative to companies.
Answer:
$54.35
Explanation:
The computation of the price per share of the common stock is shown below:
= Next year dividend ÷ (Required rate of return - growth rate)
where,
Next year dividend is
= $3.23 + $3.23 × 4.2%
= $3.23 + 0.13566
= $3.37
And, the other items would remain the same
So, the price per share is
= $3.37 ÷ (10.4% - 4.2%)
= $3.37 ÷ 6.2%
= $54.35
