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tatyana61 [14]
2 years ago
6

Jenna's closing agent has asked her to get a spot survey of the property she's purchasing. what will this accomplish for jenna a

nd the closing agent?
Business
1 answer:
just olya [345]2 years ago
6 0

It notes the location, size, and shape of any improvements on a property.

<h3>What is property?</h3>

Any item over which a person or a business has legal title is considered property. Property can refer to either real objects, such as houses, automobiles, or appliances, or intangible items with the promise of future value, such as stock and bond certificates.

There are three types of property in economics and political economy: private property, public property, and collective property (also called cooperative property).

Property is divided into two types: corporeal property and incorporeal property. Corporeal Property is seen and touched, whereas incorporeal Property is not. Furthermore, corporeal Property is the right to tangible possession, whereas incorporeal Property is an incorporeal right in rem.

To know more about property follow the link:

brainly.com/question/778086

#SPJ4

You might be interested in
At the beginning of the year, Carson Company reported total current assets of $658,000 and total assets of $2,450,000. Carson re
ehidna [41]

Answer:

Total Asset Turnover: 2.2857

Explanation:

                           <u>Total Assets</u>    

       

Begininng Balance           2,450,000        

       

Ending Balance              2,800,000          

       

Period activity                      350,000    

       

<u>Sales:</u> 6,000,000      

       

<em><u>Total Asset Turnover</u></em>:          <u>         </u><em><u> Sales   </u></em>

<em>                                               Average Total Assets</em>

<u>                  6,000,000               </u>

( 2,450,000 + 2,800,000 )  / 2

=

<u>6,000,000</u>

2,625,000

=

<u>2.2857</u>

4 0
3 years ago
The four key types of ratios that investors monitor are liquidity ratios, leverage ratios, profitability ratios and _______ rati
mash [69]
I believe it is Activity Ratios. Hope this helps!
7 0
3 years ago
Read 2 more answers
Steve sells his home to Srivani and ends up with a producer surplus of $100,000. Srivani has a consumer surplus of $1,000 from t
amid [387]

Answer:

Both parties experience surplus, but there is inequity because Steve has a much larger producer surplus

Explanation:

The options to this question wasn't provided. Here are the options : Both parties experience surplus, but there is inequity because Steve has a much larger producer surplus. Both parties experience surplus, so the transaction was equitable. Only Steve benefits from the sale. Srivani will not be happy with her purchase.

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Producer surplus is the difference between the price of a good and the least amount the seller is willing to sell his good.

While both parties earn a surplus, the producer surplus exceeds the consumer surplus . Therefore, the seller benefited more from the trade than the consumer.

I hope my answer helps you

3 0
3 years ago
The Jones family has a disposable income of $90,000 annually. Assume that their marginal propensity to consume is 0.8 (the Jones
oksian1 [2.3K]
The Jones Family has an annual consumer spending of $82,000. This is calculated using this formula: C = A +MD where C is the consumer spending, A is the autonomous consumption spending, M is the marginal propensity to consume, and D is the disposable income. Thus, the calculation is C = $10,000 + (0.8)($90,000). Giving C a value of $82,000.
6 0
2 years ago
All of Ameliorate Inc.'s sales are on account. 60% of the credit sales are collected in the month of sale, 30% in the month foll
Sidana [21]

Answer:

Total cash collection= $530,000

Explanation:

Giving the following information:

<u>Sales:</u>

February $500,000

March $400,000

April $600,000

60% of the credit sales are collected in the month of sale, 30% in the month following sale, and 10% in the second month following the sale.

<u>Cash collection April:</u>

Cash collection credit sales from April= (600,000*0.6)= 360,000

Cash collection credit sales from March= (400,000*0.3)= 120,000

Cash collection credit sales from February= (500,000*0.1)= 50,000

Total cash collection= $530,000

6 0
2 years ago
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