Answer:
An Assignment
Explanation:
Assignment in contract occurs when a party to a contract transfers the contract's obligations and benefits to another party so that the new party can take over the contacts obligation and right.This is guided by an assignment agreement that shows the intent to transfer the rights and obligation.
The process of contract assignment involves the assignor and the assignee. The assignor is the party that transfers its right and obligation while the assignee is the party that receives the right and obligation
I believe it should be lack of investment
Answer:
The amount recognized as revenue in the first year is $14000
Explanation:
The reason is that Maas LLP has no post sales services agreement to Sunny Dale which means he owes him nothing in benefits so the amount received as a whole is license fee only which gives Sunny Dale the right to use the software. So the amount received must be recognized as revenue for the year.
Answer:
The value of m is Three (3)
Explanation:
The annualized return or annual return on investment s the percentage that tells you how much an investment has increased in value on average per year over a period of time.
Annual return can be a preferable metric to use over simple return when you want to evaluate how successful an investment has been or to compare the returns of two investments you've held over different time frames on equal footing.
Now, to calculate the annual returns,
We look up the current price and purchase price.
If the stock has undergone any splits, make sure the purchase price is adjusted for splits. If it isn't, you can adjust it yourself. For example, if you held a stock for 4 years, during which time it has had a 2:1 and a 3:1 split, then you can calculate your split-adjusted purchase price by dividing your purchase price by 6 (2 x 3).
Then we calculate the simple return percentage
After which we go ahead to annualize it.
Answer:
3 and 46.67 units
Explanation:
The formula and the computations are shown below:
The price of good B is
= {The price of good Z (Pz)} ÷ {Marginal rate of transformation}
= {$6} ÷ {2}
= 3
Now the number of units to be purchased for all income used is
= (Monthly income spent on two goods) ÷ (price of good B)
= ($140) ÷ (3)
= 46.67 units
By applying the above formula we can find out the price of good B and the number of units purchased
