Answer:
a. Brokers bring buyers and sellers together and assist in negotiation.
Explanation:
Brokers are a kind of agents as, they help the buyers find the sellers, and the sellers to find the buyers.
They help in price negotiations and settling the deals. They are hired for individual deals, and not for a specified period.
They do not get any payments in the form of salary, but they get payment in the form of commission, based on the price of settlement of the deal.
This is an example of decline.
It has gone from being in maturity to being in decline.
Answer:
• It could prevent a will from going into probate
•It avoids confusion if the primary beneficiary on dies first
•It allows for another option if the primary beneficiary cannot inherit it
Explanation:
A Secondary beneficiary otherwise known as contingent beneficiary is a person or an entity who has been named in a Will, insurance policy or trust to inherit assets therein should the main or primary beneficiary dies before the grantor.
Secondary beneficiary is important because should the primary beneficiary dies first, he is entitled to the benefits therein inorder to avoid confusion as to who should inherit the deceased's assets. It is also important because it provides other option where the primary beneficiary is not able to inherit the will i.e not found at the time of grantor's death or disclaim inheritance in the will, the secondary beneficiary inherits same and also prevent the will from going into probate i.e allowing it to pass through the court process which is oftentimes time consuming .
Answer:
These are the options for the question:
a) A negative cash flow from operating activities
b) A negative cash flow from investing activities
c) A significant positive cash flow from financing activities
And this is the correct answer:
a) A negative cash flow from operating activities
Explanation:
Declining companies are characterized by a lack of revenue from regular operating activities.
If cash flow from operating activities is negative, it means that the company is not making enough money to meet its obligations, and that will likely cease to exist in the near future unless big changes happen.
Calculation of equal amount to deposit each year to get the future amount:
It is given that a manufacturer of triaxial accelerometers wants to have $2,800,000 available 10 years from now. So we can say that Future value is $2,800,000. We are also given that the deposit rate is 6% per year.
In order to find out the equal amount to deposit each year we need to calculate the annuity using the future value of annuity formula as follows;
Annuity = Future value of annuity / FV of $1 annuity
FV of $1 annuity (at 6% rate for 10 years) is 13.18079
Hence,
Annuity =2,800,000 / 13.18079 = 212,430.36
Hence , equal amount to deposit each year is $212,430.36
