Answer:
200 shares
Explanation:
As per the family attribution rule Rule 318 the person is owner of his or her shares and deemed owner of the shares that their parent posseses. This means that Maria is treated as an owner of 100 shares she actually owns and the 100 shares that her mother owns, totalling it to 200 shares. The number of shares that her sister or grandmother owns is not included in the ownership as it is not as per the family attribution rule.
Answer:
d. a matter of establishing relationships.
Explanation:
Selling involves creating a relationship with the prospect.
The sales relationship has the short-term value you get from the customer.
There is also the long-term life-time value of the customer to be considered.
Sales based on referrals are the easiest to obtain and give best value.
Good relationships give rise to refrrals.
Answer:
By formation of legally binding contract.
Explanation:
Contacts are a good way for procuring inputs that have well-defined and measurable quality specifications and require highly specialized investments. Because of the high quality expected in the goods procured, having a legally enforceable contact will make the vendor provide high quality products that meets required specifications.
However when contracts dictate a particular price, so if the market price of input were to go down we will still be obligated to buy at the higher price from the vendor.
Answer:
D- Terminated
Explanation
The original offer is terminated and a new offer is formed.
Answer:
Amount at the end of twentieth year is $12,300
Explanation:
Annuity means a set of fixed amount of payments either made to you or paid by you , at a fixed number of times over a course of defined period.
The case given in the question is of ordinary annuity , where fixed amount of payment are required at the end of each period.
FORMULA FOR FUTURE VALUE ORDINARY ANNUITY =
Where, C(cash flow) = $300,
I(interest rate) = 7%
N(number of period) = 20
FV ( Future value)
![FUTURE\ VALUE(FV)\ OF\ ORDINARY\ ANNUITY= CASH\ FLOW(C)\times \left [ \frac{1+I^{N}-1}{I} \right ])](https://tex.z-dn.net/?f=FUTURE%5C%20VALUE%28FV%29%5C%20OF%5C%20ORDINARY%5C%20ANNUITY%3D%20CASH%5C%20FLOW%28C%29%5Ctimes%20%5Cleft%20%5B%20%5Cfrac%7B1%2BI%5E%7BN%7D-1%7D%7BI%7D%20%5Cright%20%5D%29)
![FUTURE\ VALUE(FV)\ OF\ ORDINARY\ ANNUITY= \$300\times \left [ \frac{1+7\%^{20}-1}{7\%} \right ])](https://tex.z-dn.net/?f=FUTURE%5C%20VALUE%28FV%29%5C%20OF%5C%20ORDINARY%5C%20ANNUITY%3D%20%5C%24300%5Ctimes%20%5Cleft%20%5B%20%5Cfrac%7B1%2B7%5C%25%5E%7B20%7D-1%7D%7B7%5C%25%7D%20%5Cright%20%5D%29)
![FUTURE\ VALUE(FV)\ OF\ ORDINARY\ ANNUITY= \$300\times \left [ \frac{\ 1.07\ ^{20}-1}{7\%} \right ])](https://tex.z-dn.net/?f=FUTURE%5C%20VALUE%28FV%29%5C%20OF%5C%20ORDINARY%5C%20ANNUITY%3D%20%5C%24300%5Ctimes%20%5Cleft%20%5B%20%5Cfrac%7B%5C%201.07%5C%20%5E%7B20%7D-1%7D%7B7%5C%25%7D%20%5Cright%20%5D%29)
![FUTURE\ VALUE(FV)\ OF\ ORDINARY\ ANNUITY= \$300\times \left [ \frac{\ 3.87\ -1}{7\%} \right ])](https://tex.z-dn.net/?f=FUTURE%5C%20VALUE%28FV%29%5C%20OF%5C%20ORDINARY%5C%20ANNUITY%3D%20%5C%24300%5Ctimes%20%5Cleft%20%5B%20%5Cfrac%7B%5C%203.87%5C%20-1%7D%7B7%5C%25%7D%20%5Cright%20%5D%29)
![FUTURE\ VALUE(FV)\ OF\ ORDINARY\ ANNUITY= \$300\times \left [ \frac{\ 2.87}{7\%} \right ])](https://tex.z-dn.net/?f=FUTURE%5C%20VALUE%28FV%29%5C%20OF%5C%20ORDINARY%5C%20ANNUITY%3D%20%5C%24300%5Ctimes%20%5Cleft%20%5B%20%5Cfrac%7B%5C%202.87%7D%7B7%5C%25%7D%20%5Cright%20%5D%29)
= 861/7%
= $12,300
