suppose a small business has sales of $13,000 this month, with future sales expected to grow by $1,700 each month. costs consist of a fixed component, which is $5,200 per month, and a variable component, which is 40 percent of sales. design a spreadsheet to compute the gross profit (revenue less fixed and variable costs) per month over a nine month period.

Answers

Answer 1

An expense for the firm that varies according on how much is produced or sold is called a variable cost.

What is gross profit?

The sale value of your goods less the cost of manufacturing it is your gross profit. It's the selling price of a service less the cost of the time it took to complete the task for a service-based firm. Total sales (sometimes referred to as revenue or turnover) less the total cost of sales is another term for gross profit.

While gross profit is really the amount of money left over after deducting the cost of items sold from revenue, net profit shows how much money is left over after paying all allowed company expenditures. To get at net profit, you must first compute gross profit.

Gross profit is just a measure used to assess a company's efficiency in producing .

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Related Questions

the equilibrium price for parking in the downtown area of a large city is about $35 a day, this is represented by pe in the graph above. the city council is looking at ways to resolve parking complaints in the city and one councilperson suggests that the maximum people should be forced to pay is $25 a day. would this help relieve parking congestion in the city? why or why not?

Answers

The features of a market economy are personal land, freedom, self-interest, competition, and little government involvement.

How does economy class 11 work?

The entire number of buyers and sellers with in area or region under consideration is referred to as a market. The area might be the entire world, a nation, a region, a state, or a city. The value, cost, and cost or traded goods are determined by the dynamics of supply and demand in a market.

What is the economics of the market?

An effective market where products and services may be sold is essential to a market economy. When every buyer and seller has equal access to data on pricing, supply, and demand, the market is considered to be efficient. Because of this, pricing fluctuations are just reflections of

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Answer:

No

Explanation:

Parking congestion would actually get worse as there would be fewer spots available as quantity supplied falls and more people wanting to park downtown as quantity demanded rises.

massivecorp buys tinycorp for $1,000,000. in return, they get $600,000 worth of land that has been 60% depreciated, buildings, equipment, and other tangible assets; $200,000 worth of intangible assets the firm purchased that are 25% amortized; and $75,000 worth of intangible assets that the firm developed internally, and, therefore, never showed on their books. there are no other specifically identifiable assets. how much goodwill will massivecorp show on their books from the sale?

Answers

The amount of goodwill that Massive Corp will show on their books from sale is $125,000.

What is goodwill?

Goodwill is an intangible asset that is also acquired when one firm buys another. It stands for anything valuable that could give the purchasing firm a competitive advantage. The portion of the purchase price that is greater than the sum of the net fair values of all the assets acquired in the acquisition and the liabilities assumed throughout the process is known as goodwill, according to the definition. Aspects of goodwill include the value of the business's name, brand recognition, loyal clients, great customer service, favorable staff relations, and patented technologies. Goodwill value frequently manifests itself when a company is acquired. The amount the acquiring company pays for the target business over and above the target's net assets at fair market value frequently serves as a proxy for the value of the target's goodwill.

Amount= 200000-75000= $125,000

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in 2016, compensation for the 16.4 million jobs in the u.s. health care industry accounted for what percent of total health care spending?

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In 2016, the US health-care industry accounted for nearly 50% of total health-care spending.

In 2016, total nominal US health-care spending climbed by 4.3 percent to $3.3 trillion. Health-care spending per person grew by $354 to $10,348. In 2016, the proportion of GDP allocated to health care spending was 17.9 percent, up from 17.7 percent in 2015. Following quicker increase in 2014 and 2015 due to coverage expansions under the Affordable Care Act (ACA) and robust retail prescription medication expenditure growth, health spending growth slowed in 2016. In 2016, the downturn was broad-based, with expenditure slowing in the main payer and service categories. Enrollment patterns led the slowing of Medicaid and private health insurance expenditure growth in 2016, while Medicare spending was driven by slower per enrollee cost increase.

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most small businesses employ . a. between500 and 700 people b. more than 700 people c. between 100 and 499 people d. between 20 and 99 people e. fewer than 20 people

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Most small businesses employ  fewer than 20 people.
The correct option is E.

What number of individuals are employed by small businesses?

Small businesses account for over half of all jobs in the United States. The reality that 61.7 million people are employed by small firms despite the fact that over 80% of them have no staff. Given that fewer than 20% of small firms even employ anyone, that represents 46.4% of all US workers, a sizable number of workers.

Revenue for the company (from $1 million to over $40 million) and employment are used to identify small businesses (from 100 to over 1,500 employees).

The majority of Americans who work for small firms make up less than half of the total workforce. Approximately 47.3% of American workers are employed by small firms, according to a survey by the Census Bureau.          

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which of the following is a reason why the aggregate demand curve is downward sloping? responses a higher price level decreases savings. a higher price level decreases savings. a higher price level decreases interest rates. a higher price level decreases interest rates. a higher price level increases exports. a higher price level increases exports. a higher price level decreases imports. a higher price level decreases imports. a higher price level decreases real wealth.

Answers

Because rising price levels result in fewer net exports, aggregate demand is declining. As a result of consumers having less money to lend and more money needed to buy things, rising prices will result in higher interest rates.

What effect does the rising price level have on total demand?

The total quantity of products and services that will be desired at the higher price level will decline, but the aggregate demand curve won't change. Instead, the aggregate demand's components for consumption, investment, and net exports will all fall.

Which of the following statements most accurately sums up the aggregate demand curve's slope?

There are three basic causes for the diminishing slope of the aggregate demand curve. These are the Pigou wealth effect, Keynes interest rate impact, and Mundell-Fleming exchange rate effect. The slope of the aggregate demand curve is falling due to these three separate but connected variables.

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what is the relationship between a controlling account and a subsidiary ledger?

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control account keeps the general ledger clean of details, but contains the correct balances used for preparing a company's financial statements. The subsidiary ledger allows for tracking transactions within the control account in further detail.

the risk-free rate of return is 3.5%, and the expected risk premium on the market is 9.7%. stock a has a beta coefficient of 1.4, an earnings and dividend growth rate of 5%, and a current dividend of $5.5 a share. if the current market price of the stock is $55, what should you do? group of answer choices buy since the stock is overpriced buy since the stock in underpriced do not buy since the stock is overpriced do not buy since the stock in underpriced

Answers

If current market price of stock is $55, you should buy since stock in underpriced.

What is market price?

The price that a product or service is currently being bought or sold at is known as the market price. What an asset or service will cost in the market is determined by supply and demand factors. Using the market price, one can calculate consumer and economic surplus. The difference between the utmost price a consumer is willing to pay and the actual price they pay—often referred to as the "market price"—for a good or service is referred to as "consumer surplus." A pair of similar quantities are referred to as "producer surplus" and "consumer surplus." Producer surplus—otherwise known as profit—is the sum that producers make when they sell their goods at the going rate. Economic excess consists of both consumer and producer surpluses.

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a business hopes to generate large online sales through posting ads on social networking sites but only wants to pay when an ad actually generates a sale. that firm should use the performance measure of

Answers

The correct option is D. Cost per action, and pay $50 for every purchase that originated from an ad on the site.

A social networking service or SNS (now and again referred to as a social networking site) is a web platform that people use to build social networks or social relationships with others who share comparable non-public or career content, pursuits, activities, backgrounds, or real-lifestyles connections.

Social networking offerings vary in format and have a wide variety of features. they can contain a variety of new information and verbal exchange gear, operating on computer systems and on laptops, on cellular devices together with tablet computers and smartphones. This will feature digital pictures/videos/sharing and diary entries online (running a blog).

Online community offerings are occasionally taken into consideration social-network offerings by way of builders and customers, though in a broader experience, a social-network service typically affords a man or woman-centered carrier whereas online network services are corporations targeted. usually described as "websites that facilitate the building of a community of contacts for you to alternate various types of content online," social networking websites provide an area for interaction to retain past in-character interactions.

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Complete Question:

A business hopes to generate large online sales through posting ads on social networking sites but only wants to pay when an ad actually generates a sale. that firm should use the performance measure of

A). cost per thousand, and pay 50 cents for every time an ad loads, up to $100 per month.

B). a negotiated measure, and pay $100 to post its ad for two weeks.

C). cost per click, and pay $1 for every visitor who clicks on the ad and goes to its website.

D). cost per action, and pay $50 for every purchase that originated from an ad on the site.

E). cost per like, and pay $1 for every unique visitor who likes the advertised product.

how long does a judgment stay on your credit report

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Seven years  does a judgment stay on your credit report. A credit report provides a thorough analysis of your credit history that is created by a credit agency.

A credit report provides a thorough analysis of your credit history that is created by a credit agency. Lenders use your credit reports along with other information to assess your creditworthiness. Credit bureaus gather financial information about you and utilize that information to build credit reports, which are then used by lenders.

There are three main credit reporting agencies in the US: Equifax, Experian, and TransUnion. To build a customized credit report, each of these reporting companies compiles data on your individual financial situation and bill-paying practices. Even while the three reports share the majority of the same data, there are frequently subtle variances.

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a stock is expected to pay a dividend of $2 forever. assuming the required rate of return on that stock is 10%, what should the price of this stock be today?

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The price of this stock be today is $2.50.

What is stock?Stocks are of two types—common and preferred. The difference is while the holder of the former has voting rights that can be exercised in corporate decisions, the later doesn't. However, preferred shareholders are legally entitled to receive a certain level of dividend payments before any dividends can be issued to other shareholders.There is also something called 'convertible preferred stock'. This is basically a preferred stock with an option of converting into a fixed number of common shares, usually any time after a predetermined date.A stock is a general term used to describe the ownership certificates of any company. A share, on the other hand, refers to the stock certificate of a particular company. Holding a particular company's share makes you a shareholder.

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if the company has a limited amount of capital to spend on projects, in which order should company abc do the projects to create the greatest value?

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Company ABC should prioritize projects that have the highest return on investment and that have the greatest potential to increase revenue.

To determine which projects to prioritize, Company ABC should analyze the potential return on investment (ROI) of each project. The ROI should be determined by examining the cost of the project compared to its potential return.

The company should then look at the potential for each project to increase revenue. The projects with the highest ROI and highest potential for revenue should then be prioritized.  

The company should also consider any other factors that may affect the success of each project, such as the timeline and the availability of resources.

Once the projects have been prioritized, the company can then allocate its capital accordingly. This will ensure that the company is investing its resources in the projects that will create the greatest value.

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market penetration is: group of answer choices a. increasing sales by tweaking the four ps in the same market with the same product b. entering a new market c. creating a new product d. entering a new market with a new product

Answers

Option B: Market penetration is the act of entering a new market is the correct answer

What is market penetration?

Market penetration is the process of expanding a product or service's market share by offering it to more consumers in the current market. Entering new geographical areas, distribution methods, or market segments within the current one might accomplish this. A company's goal when entering a new market is to establish a presence there and grow its clientele. This can be accomplished by making new items available to current consumers or by setting up new distribution channels to reach them. To raise awareness of its goods or services in the new market, the firm may also employ other marketing techniques, such as promotions or advertising.

Option A: Increasing sales in the same market with the same product by adjusting the four Ps are also regarded as market penetration.Choice C: The development of a new product is not regarded as market penetration.Option D: Market penetration and product development are both involved in breaking into a new market with a new product.

It's critical to remember that market penetration is not the only tactic a firm can employ to expand. There are many other strategies, like diversification, product development, and market development (entering new markets with current goods) (entering new markets with new products).

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The short-run economic outcome resulting from the increase in production costs is known asstagflation . Now suppose that the government immediately pursues an accommodative policy by increasing government purchases in response to the short-run economic impact of the higher oil prices. In the long run, when the government pursues accommodative policy, the output in the economy will be $100 billion and the price level will be 100 .

Answers

Stagflation is the term for the short-term economic effect of rising production costs.

What is stagflation?

In terms of economics, stagflation, sometimes known as recession-inflation, is a state in which unemployment is consistently high, the economy is growing slowly, and the inflation rate is high or rising. It creates a conundrum for economic policy because measures taken to reduce inflation may make unemployment worse. High inflation combined with economic stagnation is referred to as "stagflation". While prices rise due to inflation, buying power falls. Imagine paying 50 euros a week for the same groceries. You'll start to get less value for your money as prices rise. For instance, prices would rise as a result of an unanticipated, abrupt increase in the price of an item like oil, but profits would decrease. A stagflation situation results from the struggle between rising prices and declining profitability.

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The complete question is -

The short-run economic outcome resulting from the increase in production costs is known as stagflation . Now suppose that the government immediately pursues an accommodative policy by increasing government purchases in response to the short-run economic impact of the higher oil prices. In the long run, when the government pursues accommodative policy, the output in the economy will be billion and the price level will be.

iesha has been asked to gather data on income distribution in china. what type of information does iesha need to find?

Answers

Iesha has been asked to gather data on income distribution in china. Kelly needs to find out how income is apportioned among the people of China.

What do you mean by income distribution?

Income distribution refers to the way a society’s total income is distributed among its members, usually through the system of taxation and government spending. It is a measure of the degree of economic inequality in a society, and is typically measured by the Gini coefficient, a statistic which measures the degree of disparity between a nation’s highest and lowest income earners. In a highly equal society, the Gini coefficient is close to zero, while a highly unequal society will have a Gini coefficient of one. Income distribution can also be measured by looking at the median household income. High levels of inequality can lead to social and political instability, and can have a negative impact on economic growth.

So, The required answer is to find out how income is apportioned among the people of China.

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a valuation allowance was not considered necessary. thorn anticipates that $10,000 of the deferred tax liability will reverse in year 4. in thorn's december 31, year 3 balance sheet, what amount should thorn report as a deferred tax liability?

Answers

There is a current deferred tax asset and a non-current deferred tax obligation in this situation. The full $75,000 of non-current deferred tax liability is therefore separately shown in the balance statement.

What is deferred tax liability?A company's balance sheet will display a deferred tax liability for any taxes that are due but won't be paid until a later time. The discrepancy in time between when the tax was accrued and when it is required to be paid has caused the liability to be delayed. Deferred tax liabilities are created whenever there is a short-term discrepancy between the amount of taxes that must be paid and the amount that must be paid in the current accounting cycle. A notional asset or liability known as "deferred tax" is used to depict corporate income taxation on a basis that is the same as or more similar to the recognition of profits than the taxation treatment.There is a current deferred tax asset and a non-current deferred tax obligation in this situation. The full $75,000 of non-current deferred tax liability is therefore separately shown in the balance statement.

The complete question is,

Thorn Co. applies FASB ASC 740 - Income Taxes At the end of 20x5, the tax effects of temporary differences are as follows:

Tax Assets (Liabilities)

Deferred Related Asset Classification

Accelerated tax depreciation ($75,000) Non-current asset

Additional costs in inventory for tax purposes $25,000 Current asset

($50,000)

========

A valuation allowance was not considered necessary. Thorn anticipates that $10,000 of the deferred tax liability will reverse in 20x6. In Thorn's December 31, 20x5 balance sheet, what amount should Thorn report as non-current deferred tax liability?

A. $40,000

B. $50,000

C. $65,000

D. $75,000

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a marketer at northern trail outfitters has been tasked with redesigning the company newsletter with a goal of driving traffic to its website. which best practice should be taken into consideration when designing the call-to-action?

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Important company news, project updates, customer tales, future events, job ads, team member updates, corporate milestones, etc. can all be included in a company newsletter.

What is a marketer job description?

They keep an eye on market trends, design advertising campaigns, devise pricing and targeting strategies based on demographic information, and collaborate with the business to raise awareness of what they have to offer, according to the Labor statistics (BLS).

Are marketing jobs rewarding?

Because of its extraordinary adaptability and potential to lead to a wide range of high-paying, in-demand occupations with excellent job satisfaction and chances for further education, marketing is a strong major. Marketing majors might earn between $50k and $208k annually. Over $208,000 was earned by the Top 10% of earners!

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A manager of a large corporation recommends a $10,000 raise be given to keep a valued subordinate from moving to another company. Consider the internal and external sources of data that might be used to decide whether such a salary increase is appropriate. Classify each of the following sources of data on employee salaries as either internal or external.1.The personnel department?2. The Department of Labor?3.Other industry associations?

Answers

Employee salaries as either internal or external. 1.The personnel department- internal source 2.The Department of Labor- external source 3.Other industry associations- external source.

1.The personnel department is an internal source of data on employee salaries.

2.The Department of Labor is an external source of data on employee salaries.

3.Other industry associations is an external source of data on employee salaries.

Internal sources of data on employee salaries include information that is collected and maintained within the organization, such as data from the personnel department, payroll records, and performance evaluations. External sources of data on employee salaries include information that is obtained from outside the organization, such as data from the Department of Labor, industry associations, or other companies in the same or similar industries. This data can provide valuable context and benchmarking information to help the organization make informed decisions about employee salaries.

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ted is selling his home near a golf course. his agent provides a prospective buyer with the booklet residential environmental hazards: a guide for homeowners, buyers, landlords, and tenants. ted happens to know that pesticides used on the golf course can sometimes drift into his open windows if the wind is right, causing his whole family to have trouble breathing. does he need to disclose this?

Answers

Yes, specific environmental hazards must be disclosed by Ted and his agent.

What exactly are environmental hazards?

Extreme events or substances in the Earth's ecological system that have the potential to have negative effects on humans and the things they hold dear are referred to as environmental hazards. Earthquakes and droughts are examples of geophysical and meteorological phenomena included in this category. Analyses of how political and economic processes and structures make some people and places more vulnerable to extreme events than others followed from the initial focus on engineering works to prevent natural disasters to the subsequent focus on how human behavior and perceptions influence response and adaptation to hazards.

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when do unemployment benefits get deposited in texas

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Unemployment benefits in Texas should be applied for as soon as an individual becomes unemployed. The effective date of the initial claim is the Sunday of the week in which the individual applies, as stated  and benefits cannot be paid for weeks before the claim effective date.  

It is also mentioned that direct deposit should be requested the next business day after the application for unemployment benefits, and that it can be changed to direct deposit at any time by following the instructions. The duration of the benefits is also mentioned , it states that under Texas state unemployment insurance laws, benefits are available for up to 26 weeks, but due to federal pandemic UI legislation, the duration has been extended to 70 weeks. Also, claimants may be eligible for 13 additional weeks of extended state benefits and seven additional weeks of high unemployment period benefits.

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Question:-When do unemployment benefits get deposited in texas

to calculate the eic you will need the filing status, earned income, agi, and the number of children. select one: a. true b. false g

Answers

Yes, it is true that to calculate the EIC you will need the filing status, earned income, age, and the number of children. Working people with low to moderate salaries are eligible for the refundable tax credit known as the Earned Income Credit (EIC). The EIC lowers the tax debt and could even issue a refund.

Based on the number of qualified children, total earned income, and filing status, you can use this EIC Calculator to determine your Earned Income Credit. A refundable tax benefit designed to help families with moderate-to-low earned incomes is the earned income credit. You may check if you qualify on a number of free tax preparation websites if you prepare your taxes electronically. The tax returns you file this year may be impacted by this credit.

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Bankruptcy Group of answer choices is available in two forms: Chapter 13 and Chapter 7. (All of these) is a constitutionally guaranteed right. permits people to ask a court to find them officially unable to meet their debts.

Answers

Bankruptcy is a  constitutionally guaranteed right that permits people and businesses to ask a court to find them officially unable to meet their debts.

Bankruptcy is a powerful tool that allows individuals and businesses to get out from under oppressive debt.

It is a constitutionally-guaranteed right that enables debtors to file for court protection from creditors and to have their debts discharged.

Filing for bankruptcy can be a difficult decision, but for those in need of a fresh start, it can offer a way to regain control of their financial future.

It is a constitutionally protected right, allowing people and businesses to petition a court to declare them officially insolvent and unable to pay their creditors. Through bankruptcy, debtors can have their debts discharged and start anew.

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Why are there two account titles in the amount column of the purchases journal?

Answers

Because transactions involving purchases on accounts always effect the same two accounts.

What is an account transactions?Accounting transactions are any business activities that have a direct impact on a company's financial situation and financial statements. There are numerous different types of these transactions, including: Cash sales and consumer credit. The payment of invoices using money. asset acquisition. a creditor will get payments for loans. being paid by a creditor. Financial transactions in a business typically fall into one of four categories. Sales, purchases, receipts, and payments are the four sorts of financial transactions that have an effect on the firm.A completed transaction is an agreement between a buyer and a seller to trade goods, services, or financial assets in exchange for cash. Furthermore, corporate accounting frequently makes use of the phrase.

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when the government grants a licence to pollute and the rights to pollute can be bought and sold, th elicence is

Answers

A tradable permit

What are tradable permits?

A type of economic policy tool in which rights to discharge pollutants or exploit resources can be transferred via a free or restricted permit market. Tradable permits offer the holder the permission to pollute a specific amount, to buy permits if emissions rise, and to sell permits if emissions fall. One kind of tradable permits is to lease the permit at a market auction.

Emissions trading, as defined in Article 17 of the Kyoto Protocol, permits nations with extra capacity to sell it to countries that are above their objectives.The major advantage of a tradable permits system is that it creates the opportunity for efficient exchange—one potential polluter can buy permits from another, leaving the total amount of pollution constant

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Which of the following is found to be a benefit of marriage according to the U.S. Department of Health and Human Services?- better decision making- improved mental health- increased wealth- decreased risk of alcohol and drug use

Answers

According to the U.S. Department of Health ands Human Service, being married has been found to have a benefit of improved mental health.

Human services refers to a broad range of programs and services that are designed to help individuals, families, and communities meet their basic needs and improve their overall well-being. These services may include things like counseling and therapy, financial assistance, housing and homeless services, healthcare, education and job training, and more. Human service professionals, such as social workers and case managers, often work in government agencies, non-profit organizations, and community-based organizations to provide these services and support to those in need.

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what column on a general ledger form is not on an accounts payable ledger form?

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The Debit Balance column from the general ledger is included in both variants, but not in the accounts payable ledger format. The account receivables ledger type does not require a Debit Balance column because accounts payable typically have a credit card balance.

A general ledger is utilized by accounting to record all transactions. In a general ledger, transactional data is divided into assets, liabilities, revenue, expenses, and owner's equity. A trial balance is generated by the accountancy once each sub-ledger has been closed.

The balance sheet, financial statements, statement of cash flows, and other financial statements for the company are then generated using the data from the trial balance.

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Where would a borrower look to determine if the mortgage lender intends to service the loan or transfer it to another lender?At RESPA Form 23-BAt the Mortgage Servicing Transfer StatementAt the Mortgage Servicing Disclosure StatementAt the Mortgage Servicer Transfer Form

Answers

Lenders analyse mortgage applications and consider a variety of elements, including a stable income, minimal debt load, and an overall favourable credit history.

Let's start by taking a look at the main criteria that lenders use to determine whether or not you qualify for a mortgage. To a large extent, your income, debt, credit score, assets, and type of property all affect whether you are approved for a mortgage. When setting interest rates, lenders take into account factors including your credit score, payment history, and the state of the economy. Generally speaking, the better your credit score, the lower interest rates you can anticipate. According to the Act, borrowers must receive timely and relevant disclosures on the details and costs of the real estate settlement process from lenders, mortgage brokers, or loan servicers.

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you are writing guidance for departmental managers to request new software installs. you want each manager to consider impacts to the business, operation, network, and devices as part of their request. in terms of impacts to business, you have written guidance to consider support and training requirements. what other topic should you include?

Answers

To take licensing restrictions into account, such as user or device count. Additionally, a system is required for confirming licensing compliance and preventing unauthorized installations.

A licensing agreement is a formal, written agreement between two parties that grants one party the right to utilize another party's trademark, brand, or patent. The terms of the licensing agreement, the conditions of use, and the method of payment for the licensor are all specified in the agreement, which is made between the licensor (the owner of the property) and the licensee (the permitted party). The licensing subject determines the different contract kinds.  to take licensing restrictions into account, such as user or device count. Additionally, a system is required for confirming licensing compliance and preventing unauthorized installations.

Licensing agreements also resolve any disagreements over sales, problems with quality, and payments.

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which statement most accurately describes the right of rescission? it's another term for squatting, in which a consumer unlawfully occupies a residence. it's the right of a consumer to take ownership of a property through the foreclosure process. the three-business-day period from the date a transaction is consummated or disclosures are delivered to the borrower, whichever is later, during which the borrower can cancel the loan the two-business-day period after a loan closes, during which the borrower can cancel the loan.

Answers

The statement most accurately describes the right of rescission it's the right of a consumer to take ownership of a property through the foreclosure process.

Which of the following best sums up the right to rescission?

The borrower's right to cancel a loan is known as the right of rescission. This right is valid for three business days following the loan application date or the disclosure date, whichever comes first.

What does a mortgage revocation right entail?

Revocation refers to a consumer's ability to end a certain sort of loan. The three-day clock does not begin until you decide to withdraw (cancel) your mortgage contract if you are refinancing a mortgage. You agree to the credit agreement (usually known as the Promissory Note).

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under the seller financing addendum to the contract from johnson to swanson, for how many years can swanson continuously rent the property without having the due on sale clause kick in?

Answers

Under the seller financing addendum to the contract from johnson to swanson, for Three years can swanson continuously rent the property.

Option B is correct.

Seller financing addendum:

The terms under which the seller of a property agrees to lend money to the buyer in order to purchase their property are outlined in a seller financing addendum.

What is an addendum used for?

An addendum is used to add or clarify information that was not originally included in the contract or agreement. Consider addendums to be additions to the initial agreement (such as adding a deadline where none existed in the original).

What effect do addenda have on a contract?

Without changing the terms of the original contract, an addendum adds additional information to it. It is a different record from the first agreement. A contract's terms are altered by an amendment to reflect the new terms that have been agreed upon by both parties.

Question is incomplete.

Under the Seller Financing Addendum to the contract from Johnson to Swanson, for how many years can Swanson continuously rent the property without having the due on sale clause kick in?

A) Two

B) Three

C)There is no limit

D)One

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a firm is operating in the long run where marginal cost, marginal revenue, average total cost, and demand intersect at a single point. this market structure must be

Answers

perfect competition. a firm is operating in the long run where marginal cost, marginal revenue, average total cost, and demand intersect at a single point.

In economics, demand is the amount of an item that customers are willing and able to buy at various prices at any particular moment. [1] The demand curve is the connection between price and quantity demand. The perceived necessity, price, perceived quality, convenience, accessible alternatives, customers' discretionary money and tastes, and a variety of other factors all influence demand for a certain item. Numerous elements and conditions influence a consumer's desire or inability to purchase a product. Some of the prevalent factors are as follows The commodity price: The fundamental demand link exists between prospective prices of a thing and the quantities that would be purchased at those prices. In general, the connection is negative.

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