Answer:
$12,000
Explanation:
Data provided
Borrowed amount = $40,000
Rate of interest = 5%
Fixed cost = $10,000
Variable cost = $25,000
Price per dozen = $2.00
The computation of total fixed costs is shown below:-
Return on investment= $40,000 × 5%
= $2,000
Total fixed costs = Fixed cost + return on investment
= $10,000 + $2,000
= $12,000
1. A guaranteed loan is a loan that a third party guarantees – or assumes the debt obligation for – in the event that the borrower defaults. If a co-signer is on the loan, if the main party defaults the co-signer becomes responsible for the loan.
2. I could ask family members as a last resort for financing.
3. The annual exclusion for 2014, 2015, 2016 and 2017 is $14,000. For 2018 and 2019, the annual exclusion is $15,000.
4. line of credit loan will help protect a business in case of emergency. It is an open loan that the business can draw from when it needs more money, and pay it back. Unlike installment loans, once the principal is paid the line stays open for use in the future without the need to reapply each time.
Answer:
a. Linda's acceptance is effective and a contract is created.
Explanation:
A contract is created when there is an offer and acceptance of a transaction. When the contract is created it is enforceable and not revocable unless with the consent of parties involved.
Bob made an offer to Linda to buy her 1,000 of her widgets. The offer is open for 3 weeks and Linda accepted the offer within one week.
Although Bob tried to revoke the offer, since Linda has accepted it the contract is created and enforceable on Bob.
It controls the money supply
Answer:
Seller Surplus
Explanation:
In business terms, there is a difference in the expected value what a seller expects to receive from the products it sells and from the amount it actually earns.
The cost of the product not only involves the monetary cost but it also involves the cost in terms of efforts involved to produce an article.
When a seller puts a product in the market, then he tries to have it a market value more than its cost. When such market value is realised then the difference in cost and market value is surplus for the supplier or producer.
But in cases where the consumer is efficient enough to bargain such product and only pays an amount which is less than the cost, then there arises seller deficit, which is represented as a negative seller surplus.
