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aev [14]
3 years ago
9

What does an owner own if the duration of his or her rights in an estate cannot be determined?

Business
1 answer:
kifflom [539]3 years ago
5 0

The owner own the freehold estate if his or her rights in an estate cannot be determined

Explanation:

In this type the owner will not know the duration for which he or she can hold the estate and they can enjoy exclusively all the rights for an undefined length of time or period

They are of three kinds a fee simple, a fee tail, and a life estate in these type the owner can enjoy the rights for an amount of time that is not known to him and this also includes the ownership in the properties

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If interest rates are declining, which of the following would be expected? (A) Discount bonds will appreciate more than premium
KengaRu [80]

Answer:

option A

Explanation:

The correct answer is option A.

When interest rates are declining , prices of the bond rise, but in this case the discount bonds will appreciate more than the premium bonds.

When interest rates fall  it becomes very easier to borrow money and causing many companies to issue new bonds so that they can invest in new ventures.

A premium bond is a bond trading above its face value.

A bond issued at a discount has its market price below the face value.

5 0
3 years ago
Sunland Company compiled the following financial information as of December 31, 2017: Service revenue $842000 Common stock 17700
posledela

Answer:

555,000

Explanation:

Sunlad assets on December 31 2017 can be calculated as follows

= equipment + cash + supplies + account receivables

= 229,000 + 203,000 + 33,000+ 90,000

= 555,000

Hence Sunland total assets in December 31 2017 is 555,000

7 0
3 years ago
Read 2 more answers
Aborkian Co. is forecasting sales of 75,000 units of product for November. To make one unit of finished product, seven pounds of
melamori03 [73]

Questions

Aborkian Co. is forecasting sales of 75,000 units of product for November. To make one unit of finished product, seven pounds of raw materials are required. Actual beginning and desired ending inventories of raw materials and finished goods are:

November 1 November 30

(Actual) (Desired)

Raw materials (pounds) 91,400 86,400

Finished goods 8,500 9,600

(a.) Calculate the number of units of product to be produced during November.

(b.) Calculate the number of pounds of raw materials to be purchased during November

Answer:

Number of units to be produced= 76,100  units

Raw materials to be purchased=   527,700 pounds

Explanation:

<em>Units to be produced</em>

<em>Number of units to be produced = sales budget + closing inventory - opening inventory</em>

= 75,000 + 9,600  - 8,500 =  76,100 units

Number of units to be produced= 76,100  units

<em>Raw materials purchase budget</em>

Raw materials to be purchased = Raw materials to be used + closing inventory of raw materials - opening inventory of raw materials

Raw material usage = production units × standard pounds per unit

                               = 76,100× 7 =532700  pounds

Raw materials to be purchased = 532,700  +86,400 - 91,400=527700

Raw materials to be purchased=   527,700 pounds

4 0
3 years ago
Whispering is a corporation that sells breakfast cereal. Based on the accounts listed below, what are Whispering's total trade r
Leto [7]

Answer:

the total trade receivable is $12,300

Explanation:

The computation of the total trade receivable is shown below:

= note due from customer + Due and unpaid from this month's sales + Due and unpaid from last month's sales

= $1,570 + $9,730 + $1,000

= $12,300

Hence, the total trade receivable is $12,300

The other items would not be considered as it is not a trade receivables

8 0
3 years ago
You start work at 7:30 am and take a half an hour unpaid lunch at 11:30 AM and then start work at 5:30 PM. How much hours will y
scoray [572]

The number of hours worked for which I will the receive the payment is 7 hours.

<u></u>

<u>Explanation:</u>

Considering the working hour is from 7:30 am to 8:30 pm

Initial work hours = 7:30 to 11:30am

number of hours = 4

If I start working at 5:30 pm and work till 8:30 pm then the number of hours would be 3

Thus,

total number of hours worked = 4 + 3

                                                  = 7

Therefore, number of hours worked for which I will the receive the payment is 7 hours.

6 0
3 years ago
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