Real property is _____.

2 answers:

6 0

Real property is a <span>physical property such as land and buildings (letter D). It is defined as a property in which there is a land and a property attached into it. An example of this is a building or pond. It is also considered as an immovable property or simply a real estate.</span>

vlada-n [284]3 years ago

5 0

The correct answer is D. physical property such as land and buildings.

Real property can basically be considered as fixed property immovable, principally buildings and lands including machinery, ponds, mines, canals, crops, roads, etc. In layman’s language, real property is property that could be protected by some form of real action on the contrary to personal property. Whereas, to claim any real property availability of a verifiable and legal property description is must.

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A corporation has 40,000 shares of $25 par value stock outstanding. If the corporation issues a 4-for-1 stock split, the number

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Based on the information given the number of shares outstanding after the split will be: 160,000 shares.

Using this formula

Outstanding shares=Current shares outstanding × Number of the split

Where:

Current shares outstanding =40,000 shares

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Let plug in the formula

Outstanding shares=40,000 shares×4

Outstanding shares=160,000 shares

Inconclusion the number of shares outstanding after the split will be: 160,000 shares.

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