The answer is found on the Interstate Land Sales Full Disclosure Act in its first component which is the anti-fraud provision. Developers of 25 or more lots must arrange for each purchaser with a disclosure document referred to as a property report. The property report covers appropriate information about the real estate and must be delivered to each purchaser before the signing of the contract. Purchasers who received the property report earlier to signing the contract may withdraw the contract within seven days. Purchasers who did not receive the property report before signing the contract may cancel the contract any time within two years from the date of signing. The sale and purchase contract must clearly state the purchaser's right(s) to cancel.
Answer:
The correct answer is indirect bankruptcy costs.
Explanation:
Indirect costs are considered to be damage to the image and reputation of the company, lost investment opportunities, credit restrictions, conflicts with suppliers, loss of sales, conflicts with workers. Indirect costs are usually much higher than direct costs.
Answer:
21.45%
Explanation:
Remaining amount to have $1,000,000 = $1,000,000 - $50,000 = $950,000
Using the interest rate function RATE(nper,pmt,pv,fv) in the excel, we obtain an interest rate of 21.45%
Where,
nper = number of period = 30
pmt = annual payment
pv = present value which has a default value of 0.
fv = future value = $950,000
Note: Find attached the excel sheet to see result.
Answer:
Materials handling Allocation= $27.5
Explanation:
Giving the following information:
Each chair consists of 10 separate parts totaling $165 direct materials and requires 5.0 hours of machine time to produce.
Materials handling= $2.75 per part
Machining= $5.00 per machine hour
Assembling= $1.50 per part
Packaging= $3.75 per finished unit
Material Handling allocation base is: Number of parts.
Allocation= 10 parts* $2.75= $27.5
Answer:
The after-tax cost of their 2019 interest expense is $19,040
Explanation:
In order to calculate the after-tax cost of their 2019 interest expense we would have to calculate the following formula:
after-tax cost of their 2019 interest expense=Interest before tax expense-tax
Interest before tax expense=$400,000*7%
Interest before tax expense=$28,000
tax=$28,000*32%
tax=$8,960
after-tax cost of their 2019 interest expense=$28,000-$8,960
after-tax cost of their 2019 interest expense=$19,040
The after-tax cost of their 2019 interest expense is $19,040
