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Rasek [7]
3 years ago
8

Neighbors have gotten into a quarrel over a big black walnut tree that sits on mr. jones' property. the tree's limbs extend over

to mr. simpson's property, and the fruit from the tree falls everywhere, leaving a big mess. mr. simpson wants the limbs removed from his property. does he have a legal reason to want this done?
Business
1 answer:
irakobra [83]3 years ago
7 0
Mr. Simpson has the rights to remove the limb from his property because although the tree is residing in Mr. Jones' property, it does not mean that Mr. Simpson has no rights when the limbs of the tree has occupied his lot. He has the right to do so because the limbs are in his lot, which means he could also has the right to do what he wants with it. If the limbs of the tree was not on his property, then it is only right that he does not meddle with the tree or remove it.
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The Amazing Widget Company issues $539,000 of 7%, 10-year bonds at 104 on March 31, 2017. The bonds pay interest on March 31 and
Andrej [43]

Answer:

Debit to Cash for $560,560

Explanation:

Based on the information given we were told that the Company issues the amount of $539,000 at 104 on March 31 2019 this means that the journal entry to record the issuance will includes a:

Debit to Cash for $560,560

Cr Bonds Payable $539,000

($560,560-$21,560)

Premium on on bonds Payable $21,560

[$539,000*(100%-104%)

(to record the issuance of bonds)

3 0
3 years ago
Joe and Rich are both considering investing in a project that costs $25,500 and is expected to produce cash inflows of $15,800 i
miv72 [106K]

Both Joe and Rich should accept this project.

D) Both Joe and Rich

<u>Explanation:</u>

NPVJoe= $25,500 + $15,800 / 1.085 + $15,300 / 1.085^2

NPVJoe= $2,058.88

NPVRich= –$25,500 + $15,800 / 1.125 + $15,300 / 1.125^2

NPVRich= $633.33

Here Joe and Rich both invested a total amount of $25,500 and they are expected to get cash inflows of $15,800 and $15,300 in the year 1 and year 2 respectively they both has their own different rates of return i.e. 8.5% and 12.5% so we can calculate the net principle value of Joe is $2,058.88 and that of Rich is $633.33.

8 0
4 years ago
How can you determine your net worth?
Mamont248 [21]

Answer:

How much money do you make in 1 year that is your net worth

Explanation:

8 0
3 years ago
In March 2017, Amazon and Clorox reported nearly identical earnings per share, but the stock price of Amazon was more than six t
adoni [48]

Answer:

c. investors see better long-term prospects for Amazon

Explanation:

As we know that Amazon has the more customer base in the market due to which the shareholder predicted the expected profit in upcoming years. The company could run in long run. Even the ompany suffered huge losses due to discount provided but the investors are ready to invest in this company as they seen there is a better and long term prospects

Therefore according to the given situation, the option c is correct

3 0
3 years ago
Seminoles Corporation’s fiscal year-end is December 31, 2021. The following is a partial adjusted trial balance as of December 3
Nana76 [90]

Answer:

Explanation:

The closing entries for the following accounts are shown below:

1. Service Revenue A/c Dr $30,00

   Interest Revenue A/c Dr $4,000

                To Income Summary $34,000

(Being revenue account closed)

2. Income summary A/c Dr $30,000

           To Advertising Expense $1,000

           To Salaries Expense $13,000

           To Depreciation Expense $9,000

           To Rent Expense $4,000

           To Interest Expense $3,000

(Being expenses accounts are closed)  

3. Retained earnings A/c Dr $1,000

                To Dividend A/c $1,000

(Being dividend account is closed)

Since there is no loss or profit as both debit side and the credit side is equal so no entry is passed

5 0
3 years ago
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