Bill Buyer is assuming the loan of the seller, Sam Seller. Interest on the loan is being paid in arrears. The loan amount is $100,000 with an interest rate of 6%. The closing is occurring on March 15 with the next loan payment due April 1. Use the 365 days method and the Seller owns the day of closing. How would the interest proration appear on the worksheet?

A- $500 should be debited to the seller and credited to the buyer.

B- $500 should be debited to the buyer and credited to the seller.

C- $241.94 should be debited to the seller and credited to the buyer.

D- $241.94 should be credited to the buyer and debited to the broker.

What is the relationship between marginal external cost, marginal social cost, and marginal private cost? a. marginal social cost equals marginal private cost plus marginal external cost. b. marginal private cost plus marginal social cost equals marginal external cost. c. marginal social cost plus marginal external cost equals marginal private cost. d. marginal external cost equals marginal private cost minus marginal social cost. marginal external cost a. is expressed in dollars, so it is not an opportunity cost b. is an opportunity cost borne by someone other than the producer c. is equal to two times the marginal private cost d. is a convenient economics concept that is not real

An outside manufacturer has offered to produce 60,000 daks and ship them directly to andretti's customers. if andretti company accepts this offer, the facilities that it uses to produce daks would be idle; however, fixed manufacturing overhead costs would be reduced by 75%. because the outside manufacturer would pay for all shipping costs, the variable selling expenses would be only two-thirds of their present amount. what is andretti's avoidable cost per unit that it should compare to the price quoted by the outside manufacturer?

If a seller prepaid the taxes of $4,400 and the closing is set for may 19, using the 12 month/30 day method what will the buyer owe the seller as prorated taxes?