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1 year ago

Phil owns 150 acres in fee simple absolute. tThese 150 acres are known as his?

Business

1 answer:

SIZIF [17.4K]1 year ago

6 0

Phil owns 150 acres in fee simple absolute. These 150 acres are known as his ownership

<h3>What is ownership?</h3>

Ownership is the legal possession and control of property, which can be any tangible or intangible asset. Ownership can involve multiple rights, referred to collectively as title, that can be separated and held by different parties.

The legal right of an individual, group, corporation, or government to possess a thing is referred to as ownership. Material and immaterial things are the two types of subjects of ownership. Material ownership refers to tangible items such as property, land, a car, a book, and so on.

The legal right to use, possess, and give away something is defined as ownership. Ownership can be of tangible things like personal property and land, or of intangible things like intellectual property rights.

To know more about ownership follow the link:

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When a firm tries to encourage consumers directly to purchase a particular product or service by offering some sort of special i

bekas [8.4K]

Answer:

Sales Promotion Strategy

Explanation:

Sales Promotion Strategy is the strategy which is followed by the firms or the organization where the firms or the organization tries to encourage the potential buyers or the customers in order to buy or purchase a specific product or the service through offering the special discount or the incentive.

This will boost the short term sales so that could attract the new customers or repeat the purchases.

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4 years ago

A security with normally distributed returns has an annual expected return of 18% and a standard deviation of 23%. the probility

Igoryamba

The probability that a randomly selected data from a normally distributed dataset with mean of μ, and standard deviation of σ, is less than a value x is given by:

$P(X\leq x)=P\left(z\ \textless \ \frac{x-\mu}{\sigma} \right)$

Given that a<span> security with normally distributed returns has an annual expected return of 18% and a standard deviation of 23%.

$\mu=18\% \\ \\ \sigma=23\%$

The probability of getting a return of -28% or lower in any one year is given by:

$P(X\leq x)=P\left(z\ \textless \ \frac{x-\mu}{\sigma} \right) \\ \\ P\left(z\ \textless \ \frac{-28-18}{23} \right)=P(z\ \textless \ -2) \\ \\ =\bold{0.0228}$ </span>

6 0

3 years ago

10 percent partner in a partnership that incurred a $4 million business loss this year. Jahlil has no other business activities.

sashaice [31]

Answer:

$250,000 and $500,000

Explanation:

According to the tax laws there is annual limit on Loss deductions relating the amount of business loss that can be deducted in a year.

The law states that single or individual tax payers can deduct nothing more than $250,000 while married taxpayers who are filing jointly can deduct up to $500,000 per year of their business losses.

Therefore, if Jahlil is single the amount of partnership loss he can deduct is $250,000 but if he is married filing jointly, he can deduct $500,000

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3 years ago

Which of these is NOT a major export of the United States

Lemur [1.5K]

Agricultural products is the answer

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3 years ago

The standard cost of Product B manufactured by Pharrell Company includes 2.3 units of direct materials at $6.70 per unit. During

Slav-nsk [51]

Answer:

Results are below.

Explanation:

<u>To calculate the direct material price and quantity variance, we need to use the following formulas:</u>

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (6.7 - 6.65)*26,800

Direct material price variance= $1,340 favorable

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (2.3*11,500 - 26,800)*6.7

Direct material quantity variance= $2,345 unfavorable

<u>Now, the total variance:</u>

Total direct material variance= Direct material price variance +/- Direct material quantity variance

Total direct material variance= 1,340 - 2,345

Total direct material variance= $1,005 unfavorable

8 0

3 years ago