Question Completion with Options:
A) The man is not entitled to a refund, however, he may request that the $200 be applied to his down payment.
B) He is entitled to a refund of $200 if requested in writing within 30 days of the contract date.
C) He is entitled to a refund of $100 if requested within 45 days of the contract date.
D) He is entitled to a refund of $150 if requested within 30 days of the contract date.
Answer:
The statement that applies to this situation is:
B) He is entitled to a refund of $200 if requested in writing within 30 days of the contract date.
Explanation:
The Florida real estate laws provide that any real estate company that furnishes rental information to a prospective tenant for a fee must provide the prospective tenant with a receipt. The receipt should contain the repayment provision, which can be made under specified conditions. However, the young man is expected to make his demand for a return of any part of the fee within 30 days from the date of the broker/sale contract.
Answer:
C) The U.S.dollar became a vehicle currency after World War II when all of the world's major currencies were tied indirectly to the dollar because it was the most stable currency.
Explanation:
The option among the given choices that most appropriately defined a vehicle currency is that: The U.S.dollar became a vehicle currency after World War II when all of the world's major currencies were tied indirectly to the dollar because it was the most stable currency.
<u>A vehicle currency is a legal tender that is used as a common denominator and basis for exchange in international transactions</u>
Answer: Competitor
Explanation: Rosemarie and Dominique believes that Panera bread would be an active Competitor to their business because of the closeness of Panera bread store to theirs and also the fact that they sell similar products.
A competitor in marketing is a business that struggles for the same customers with another business due to sales of similar products.
We need to establish a formula where the costs of both accounts are equal.
For account 1, we have a fixed cost of 10 and a variable cost of .10 we would write the cost formula as .1x+10
For account 2, we have a fixed cost of 12 and a variable cost of .05, we write this formula as 12 + .05x
Set the two formulas equal to each other
.1x+10 = 12+ .05x
Solve for X
.05x= 2
x= 40
Someone would need to write 40 checks to make the two checking accounts equal.
Answer:
Intrinsic value is $45
Explanation:
The starting point to determining Rivoli Company intrinsic value is to compute the earning after tax as shown below:
Earnings after tax=earning before tax*(1-tax rate)
earnings before tax is $600,000
tax rate
earnings after tax=$600,000*(1-0.25)
=$600,000*0.75
=$450,000
Then we need to compute earnings per share;
Earnings per shares=earnings after tax/weighted average number of shares
=$450,000/100,000
=$4.5
Intrinsic value=earnings per share/cost of equity
cost of equity is 10%
intrinsic value=$4.5/10%
=$45