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3 years ago

An interest in and right to real property that limits the legal owner's freehold interest is known as what

Business

1 answer:

Nonamiya [84]3 years ago

3 0

Answer: Encumbrance

Explanation:

An encumbrance is the term which refers to the right to the real properties and the legal liability which basically limits the owner interest and also it may diminished the value of the property. An encumbrance is basically classified into the two main categories such as:

Financial
Non-financial

The main purpose of the encumbrance is that it basically avoiding the overspending in terms of budget and it is used as the planning tool for predicting the overall cash outflow in the accounting.

Therefore, Encumbrance is the correct answer.

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From the income statement, the corporation had a net income of $724 million for the year. Total dividends were $106 million. The

Elis [28]

Answer:

the earnings per share is $1.81 .

Explanation:

<em>Earnings per Share = Earnings Attributable to Holders of Common Stock ÷ Weighted Average Number of Common Stocks Outstanding</em>

Therefore,

Earnings per Share = $724,000,000 ÷ 400,000,000

= $1.81

5 0

3 years ago

The following materials standards have been established for a particular product: Standard quantity per unit of output 4.6 grams

Setler79 [48]

Answer:

Direct material quantity variance= $15,351 unfavorable

Explanation:

Giving the following information:

Standard quantity per unit of output 4.6 grams

Standard price $ 15.05 per gram

Actual materials used in production 2,400 grams

Actual output 300 units

To calculate the material quantity variance we need to use the following formula:

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (4.6*300 - 2,400)*15.05

Direct material quantity variance= (1,380 - 2,400)*15.05= $15,351 unfavorable

6 0

3 years ago

Which statement describes a convention used by Italian Baroque artist Caravaggio in The Conversion of Saint Paul?

user100 [1]

Answer:

D.foreshortening to bring the figure to the front of the painting and project him into the viewer's space.

Explanation:

3 0

3 years ago

sales of new homes increased each month of the last year the economy is likely in. recession. expansion a trough or a plummet

olya-2409 [2.1K]

Expansion ..............

5 0

3 years ago

The following inventory was available for sale during the year for Dolphin Tools: Beginning inventory 10 units at $120 First pur

vaieri [72.5K]

Answer: $4,950

Explanation:

If the company is using the First In First Out method for Inventory valuation then the earlier inventory is sold off first which would mean that the inventory at year end will be the more recent inventory.

The 25 units at the end of the year will be the most recent units purchased and so will be;

20 units from the third purchase

5 units from the 2nd purchase

Inventory value = (20 * 195) + ( 5 * 210)

= $4,950

<em>The options are not for this question. </em>

8 0

3 years ago