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stiks02 [169]
3 years ago
6

What is the conversion of real property to personal property by detaching it from the real estate called?

Business
1 answer:
Doss [256]3 years ago
5 0

Answer:

correct answer is Severance

Explanation:

solution

conversion is that when Personal property become real property

or real property  become personal property

and when the Real property is convert into personal property process is called severance

it can be actual severance or constructive severance

eg, is when cut down a tree and it is detaching door from the shed or when removing antenna from the roof

so correct answer is Severance

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The statement reflecting changes in permanently restricted, temporarily restricted and unrestricted net assets for a private sec
ki77a [65]

Answer:

Statement of Net Assets or statement of financial position.

Explanation:

Statement of net assets shows the permanently restricted, temporarily restricted, and unrestricted funds. This is represented into he equity section.

A template for the creation of statement of financial position is provided by the IRS form 990.

Unrestricted assets are donations to the organisation that can be used for general expenses.

Temporarily restricted assets are set aside for a particular project by donors

Permanently restricted assets are those that are invested in perpetuity, and the revenue earned is used for a specific purpose.

3 0
3 years ago
In the late 1800s, Cecil Rhodes took the money he made from renting water pumps to miners and used it to buy up the claims of sm
Nimfa-mama [501]

Answer: Entrepreneurial ability

Explanation:

A. Capital in the business can be defined as the money invested for the operations of business to earn profits. Capital can be in form of any kind of money like shares and debt but a human can never be a capital.

B. Land can be defined as the capital investment of the business for the place where which the operations of the business will be maintained.

C. Entrepreneurial ability is the brain behind the business entity . In a business an entrepreneur is the person who collects capital, purchase land and maintains the operations.

D. Labor is the human capital invested in the business, that is, hiring of individuals for different types of operations.

Hence we can conclude that Cecil Rhodes played entrepreneurial ability.

7 0
3 years ago
What is gross profit
astra-53 [7]
Gross profit is net sales minus the cost of goods sold. It reveals the amount that a business earns from the sale of its goods and services before the application of additional selling and administrative expenses.
6 0
3 years ago
Read 2 more answers
In your opinion, is management still relevant as a course of study today? Explain using relevant examples.
alina1380 [7]

Yes, "management" is still relevant as a course of study today.

Management is one of the most relevant course offered by an educational establishment such as a university. The course polishes the skills of student and enlighten them on how to be useful in management of a company.

  • <em>Business Administration</em>, <em>Business Management, Management Studies, Commerce, Hospital Management, Hospitality Management </em>are examples course that falls under the umbrella of Management

  • Auditors, Accountants, Revenue officers are examples employee who learnt the management course.

In conclusion, studying a management course in a country will employment opportunities makes its easy for a student to get a job.

Learn more about this here

<em>brainly.com/question/24227339</em>

7 0
2 years ago
Assume for the United States that the opportunity cost of each airplane is 50 cars. Which of these pairs of points could be on t
Natasha2012 [34]

Answer: b. (200 airplanes, 12,500 cars) and (150 airplanes, 15,000 cars)

Explanation:

The opportunity cost of an airplane is 50 cars. This means that if the number of planes produced were reduced by 50, the number of cars should increase by:

= 50 * 50

= 2,500 cars.

In option B, the airplanes were 200 and then reduced by 50 to 150. This led to an increase in cars of:

= 15,000 - 12,500

= 2,500 cars

Option B therefore satisfies the constraints and is correct.

5 0
2 years ago
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