Answer: No. He was not.
Explanation:
Roy, in this case as a third party was simply a TENANT - IN - COMMON with Stella and is not entitled to the RIGHTS OF SURVIVORSHIP.
In a Joint Tenancy, there is a common ownership of property with the Rights of Survival. If Party A and B have Joint ownership and Party B dies, Party A automatically takes over the property. That is the Right of Survival.
However, third parties do not have such rights because they did not take the title at the same time or with the same instrument. When sold an interest they simply become a Tenant in Common with the remaining owner.
So even though Ruth sold her interest to Roy, upon Stella's death, the property passes in it's entirety to Ruth as Roy was just a Tenant in Common, not a joint owner.
If you need any clarification do react or comment.
Answer:
49 days
Explanation:
Account receivable turnover ratio = Net credit sales / Accounts receivable
Account receivable turnover ratio = $602,000 / $79,922
Account receivable turnover ratio = 7.53
Average collection period = 365/7.53
Average collection period = 48.47277556440903
Average collection period = 49
Thus, firm’s sales uncollected for year is 49 days.
Probably something with a huge value
Answer:
Annual increase is $1,108.4
Explanation:
In 2016, average price was $27,258.6
In 2010, average price was $20,608
Average increase in 6 years = $27,258.6 - $20,608 = $6,650.6
Annual average increase = $6650.6/6 = $1,108.4
Answer:
The pertinent focuses for Dan Jacobs choice are referenced beneath.
- The new hardware would cost GreenLife $4,500,000
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The new hardware would twofold the creation yield of the old apparatus
The expense of new hardware and the expansion in the creation yield by 100% are the future expenses and incomes and thus they are significant for dynamic.
The old apparatus is bought previously. Consequently, the price tag of the old apparatus is immaterial for dynamic procedure. Tho director ought to consider the resale estimation of old apparatus in the dynamic. Tho resale estimation of old apparatus ought to be deducted from the expense of new hardware so as to ascertain the net money surge to buy the new apparatus.
The director ought to set up an expense and advantage examination or ascertain NPV (net present estimation) of the venture (capital planning investigation) to introduce it before the leader of the organization. The extra costs identified with extra creation ought to likewise be thought of. This investigation would support the supervisor and the president in dissecting that whether they should buy the new machine or not.
