Answer:
Normally a demand curve will have downward sloping shape.
Explanation:
The demand curve is downward sloping, indicating the negative relationship between the price of a product and the quantity demanded.
Answer:
$180,000
Explanation:
Residual Income is the difference between net income of the company and the required rate of return. It determines the excess of income generate than the minimum return. The residual income serve a company to track its performance. It is a financial metric to assess company's internal performance. The formula to calculate the residual income is,
RI = Net operating Income - (Required rate of return * Cost of operating assets)
RI = $420,000 - (15% * $1,600,000 )
RI = $180,000
What Carlos and his client should consider before finalizing these deadlines is whether the deadlines are realistic.
<h3>How important are deadlines in a sales contract?</h3>
The deadlines refer to the obligations of a buyer in a negotiation, being mandatory and legal compliance. But it is essential that the stipulated deadlines are realistic in relation to the contract clauses, offering benefits to both parties involved in the negotiation.
Therefore, the deadlines provided for in a contract must be analyzed and discussed if the requirements are unrealistic and cannot be effectively fulfilled for the seller and the customer.
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