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VMariaS [17]
1 year ago
5

select the correct answer from each drop-down menu. the state government offered mike $300,000 for his family’s property, which

they plan to use for building a new development. the allows the state government to take the property as long as it is used . mike can still dispute the government’s offer if the compensation .
Business
1 answer:
PSYCHO15rus [73]1 year ago
4 0

The state government offered Mike $3000,000 for his family's property, which they plan to use for building a new development. The <u>Fifth Amendment</u> allows the state government to take the property as long as it is used for <u>non-profit purposes</u>. Mike can still dispute the government's offer if the compensation <u>is less than the fair market value of the land</u>.

<h3>What is the Fifth Amendment?</h3>

The Fifth Amendment is an amendment to the Constitution of the United States of America which empowers the state government to purchase properties from private individuals, provided it would be used for the development of non-profit community projects (initiatives), while paying the owner an appropriate sum of money for the property such as a land.

This ultimately implies that, the Fifth Amendment to the Constitution of the United States of America allows the state government to take a property as long as it would be used for non-profit purposes.

However, Mike can still dispute the state government’s offer if the compensation is less than the fair market value all around.

Read more on the Fifth Amendment here: brainly.com/question/9899595

#SPJ1

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Prepare the journal entries to record the following transactions on McLeena Company's books using a perpetual inventory system.(
DedPeter [7]

Answer:

Journal Entry are given below

Explanation:

solution

Journal Entry are as

PERPETUAL INVENTORY SYSTEM

                                                                         debit                  credit

(1) March 2, Merchandise inventory               $800,000                      

                   Borst Company                                                       $800,000

               ( record Inventory purchase )

(2)  March 6,

                    Borst Company                             $140,000

                    Merchandise inventory                                           $140,000

                   ( record goods return )

(3) March 12,

                 Borst Company (800000-140000)     $660,000

                Cash  (800000-140000) ×98%                                 $646,800

                 Merchandise inventory                                               $13,200

                 (800000-140000)× 2%

                 ( record goods return )

8 0
3 years ago
Select the correct answer.
OLga [1]
Conduct regular development programs for employees!
4 0
3 years ago
If you buy a burger and fries at your favorite fast food restaurant, Group of answer choices then neither GDP nor consumption wi
Fudgin [204]

Answer:

d. then both GDP and consumption spending will be higher

Explanation:

In case when the consumer purchased a burger and the fries to the favorite of his fast-food restaurant than it leads to an increase in the spending of the consumer and the Gross domestic product

As if the consumer spends his money so automatically his consumer spending risen also leads to the increase in gross domestic product.

Therefore the last option is correct

6 0
4 years ago
E-Eyes just issued some new preferred stock. The issue will pay an annual dividend of $18 in perpetuity, beginning 7 years from
barxatty [35]

Answer:

price of preferred stock = $465.65

Explanation:

given data

annual dividend = $18

return = 3.2 percent = 0.032

solution

we know prefer stock price is express as

prefer stock price Vp = \frac{d}{Kp}

here Vp is value of preference share and d is constant dividend and Kp is rate

so

prefer stock in 6th year will be = \frac{18}{0.032} = $562.50

so that price of preferred stock today = \frac{P6}{(1+Kp)^{n-1}}

price of preferred stock = \frac{562.50}{(1+0.032)^{7-1}}

price of preferred stock = $465.65

7 0
4 years ago
5. One-year interest rates are 2% in the U.S. and 5% in Canada. “Jackie the carry trader” borrows $3,000,000 to execute a carry
pogonyaev

A)

  • Firstly convert $3000000 into CAD

          So, CAD is 3405221.33938

  • Invest CAD  in Canada 5% for 1 year
  • In t= 1yr realize canadian investment with interest so, CAD  on maturity

        = CAD 3405221.33938 (1+ 0.05)

        = CAD 3575482.40634

  • Again now convert CAD into US $ so, equivalent  US $ realised on conversion = CAD 3575482.40634 * $0.865/ CAD

                            = $ 3092792.28148

  • US repayment = $ 3000000*(1+ 0.02)

                                  = $ 3060000

That's why,

Profit over the year = $3092792.28148- $3060000

                                  = $32792.28148

B) doesn't depreciates relative to USD

C) appreciates relative to Canadian dollar

D) BEEX = US$ borrowings to be repaid with interest/ CAD realized with interest on maturity

               = $3060000/ CAD 3575482.40634

               = 0.8558

Learn more about this-

brainly.com/question/3729664

#SPJ10

7 0
2 years ago
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