Answer is given below
Explanation:
a) Shrubbery
Roger and Emma gets to keep the shrubbery.
Real property refers to land and anything connected to the land, on the other hand, personal property means moving and not a lot of land. The bush is not permanently attached to the earth and means it is moving, so it is private property.
b) Pool
Roger and Emma gets to keep the pool.
Ground pools of any size do not have the substance and degree of durability that are considered portable and real property in nature. This is the nature of their installation and the materials used in their manufacture are portable. Roger and Emma have a swimming pool on the ground and since it's private property, they keep it.
c) House
The buyer gets to keep the house.
The house is already part of the land and already permanently fixed, so that it does not move. This means that it is real property, so Roger and Emma should leave it to the buyer as it is not considered personal property.
d) China cabinet
The buyer gets to keep the china cabinet.
The China Cabinet is a status quo. When the fixtures are attached to the property they become real assets. Attached to the house is the property of the China Cabinet. This means that Roger and Emma cannot claim it as personal property and therefore the buyer must keep it.
e) Chandelier
Roger and Emma gets to keep the chandelier
The chandelier is not considered a fixture and therefore referred to as personal property as it is not attached to the property, i.e. the house. This means that the buyer cannot keep it because it is not a real property
False. The rule of 72 is a way to estimate how many years it will take an investment to double by dividing 72 by the fixed annual interest rate.
Answer:
E) The European,Australian,Far East index.
Explanation:
This acronym EAFE is seen to be used in conjunction of certain nations index in its financial dealings which stands for European,Australian,Far East. It is generally explained to be a market capitalization weighted index. Here, it explains that its individual components are been valued according to their market capitalization. It also explains that countries which tend to posses the largest stock markets, many cases have been linked to Japan and also the United Kingdom, will have the largest relative weighting in the index. Other cases made it arguable noted that certain changes in the market value of larger securities will result in a bigger move in the index than changes in the market value of smaller stocks.
Answer:
The ending cash account balance for Apricot Inc is $8,297.
Explanation:
There are three components in the statement of cash flows:
- Operating activities - Here, non-cash items applied to deriving the net income based on the accrual basis are adjusted for. Also, the movement in working capital and liabilities are accounted for.
- Investing activities encompass the assets purchased to generate the net income.
- Financing activities: These include activities that are geared towards improving the capital structure of the organization.
In deriving the cash flows at the end of the period, the balances in the activities above are added up, either outflow or inflow. Then the addition is added to the beginning balance of cash flows. This is done below.
Net cash flow provided by operating activities $45,042
Net cash flow used in investing activities ($20,831)
Net cash flow used in financing activities ($27,997)
Beginning cash account balance $12,083
Ending cash account balance $8,297
Answer:
Gilberto buys a bottle of Italian wine. IMPORTS (M) REDUCES THE GDP
Juanita's father in Sweden orders a bottle of Vermont maple syrup from the producer's website. EXPORTS (X) INCREASES THE GDP
Juanita gets a new video camera made in the United States. CONSUMPTION (C) INCREASES THE GDP
The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore. GOVERNMENT EXPENSES (G) INCREASES THE GDP
Gilberto's employer upgrades all of its computer systems using U.S.-made parts. INVESTMENT (I) INCREASES THE GDP