Answer:
The correct answer is letter "A": perpetuity.
Explanation:
Annuities are regularly-provided income hired through insurance. Those payments can be provided within a short or long period of time until an undetermined date. That is the reason why annuities are also called perpetuities. Annuities are taxed at regular income tax rates.
Answer:
the maximum that paid to acquire bakery is $336,672.
Explanation:
The computation is shown below;
= (Value of local bakery + Present value of cost savings) × (1 - discount) × ( 1 + premium) × willing stake of bakery
= ($750,000 + $50,000) × (1 - 0.20) × (1 + 0.05) × 0.501
= $336,672
Therefore, the maximum that paid to acquire bakery is $336,672.
We simply applied the above formula
Had to look for the options and here is my answer. The term that best fits the blank is "GLORY TALES". This is taken from "Standing Stone" that was written by Phil J. Harrison and this was discussed in the lectures. Hope this answers your question.
One buyer, many sellers and no close substitutes
usually this won't have an exact example to match all the requirement
so, try get those small company as the example of your answer
