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Valentin [98]
3 years ago
10

Suppose Garnett and Kennedy own a downtown apartment in tenancy by the entirety. If Garnett dies, what type of ownership does Ke

nnedy now have?
Business
1 answer:
Bezzdna [24]3 years ago
4 0

Answer:

Sole ownership

Explanation:

Sole Ownership is a term that describes a form of property ownership whereby the ownership or interest in a property is completely owned by a single person. Also, the sole ownership of property can be acquired in some other ways, such as transfer of ownership or statutes of intestate succession.

Hence, in this case, If Garnett dies, the type of ownership Kennedy now have is called SOLE OWNERSHIP

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DiskSan has to order flash transistors ($5 each) to create USB flash memory drives. Their monthly demand is 10,000 units, their
Bingel [31]

Answer

Economic order quantity will be 447.21

Explanation:

We have given monthly demand = 10000 units

We know that 1 year = 12 month

So Annual demand (D) = monthly demand × 12 months = 10000 × 12 = 120000 units

Cost of transistor = $5 per unit

Monthly Holding cost = 10% of cost = 10% of $5 = $0.50

So annual holding cost (H) = monthly holding cost × 12 = $0.50 × 12 = $6

Setup cost(S) = $5

We know that economic order quantity is given by

Economic order quantity = \sqrt{\frac{2DS}{H}}=\sqrt{\frac{2\times 12000\times 5}{6}}=447.21

7 0
3 years ago
In its role as money manager, the Federal Reserve has three primary goals: to maintain stable prices (control inflation), ensure
pogonyaev

The federal reserve can manipulate the economy using the fiscal policy. The tools that it uses are interest rates and money supply.

In times of recession the federal reserve generally lowers the interest rates which stimulates the economy by allowing firms to borrow money at a cheaper price. Also, the consumers are encouraged to spend more. This leads to increase in production output and hence increase in employment rates.

To control the inflation, feds increases the interest rates, which decreases consumer spending and allow them to save more. Higher interest rates mean higher price of borrowing and therefore, inflation level decreases.

5 0
3 years ago
As time passes, fixed assets other than land lose their capacity to provide useful services. To account for this decrease in use
alexgriva [62]

Answer:

Depreciation

Explanation:

Depreciation is the systematic allocation of estimated cost to an asset. Methods include straight line, sum of the year digits, double declining etc. The entries for recognizing this cost are;

Debit depreciation expense

Credit Accumulated depreciation

Hence to account for this decrease in usefulness, the cost of fixed assets is systematically allocated to expense through a process called depreciation.

6 0
3 years ago
The corporate charter of Torres Corporation allows the issuance of a maximum of 4,000,000 shares of $1 par value common stock. D
sergey [27]

How many shares were authorized?

Number of shares authorized are 4,000,000

--------

How many shares were issued?

Number of shares issued are 2,080,000

--------

How many shares are outstanding?

Number of shares outstanding = Number of shares issued - Numberof shares repurchased

Number of shares outstanding = 2,080,000 - 80,000

Number of shares outstanding = 2,000,000

--------

What is the balance of the Common Stock account?

Balance of common stock = Number of shares issued * Parvalue

Balance of common stock = 2,080,000 * $1

Balance of common stock = $2,080,000

--------

What is the balance of the Treasury Stock account?

Balance of treasury stock = Number of shares repurchased * Priceper share

Balance of treasury stock = 80,000 * $25

Balance of treasury stock = $2,000,000

--------

2)

June 12:  Issued 50,000 shares of $3 stated value common stock for cash of $250,000.

Cash; 250,000

Paid-In Capital in Excess of Par--Common Stock 50,000 x 3 = 150,000

Common Stock: 100,000

July 11:  Issued 2,000 shares of $100 par value preferred stock for cash at $108 per share.

cash: 2000 x 108 = 216,000

preffered stock : 2,000 x 100 = 200,000

Paid-In Capital in Excess of Par--Preferred Stock : 16,000

Nov. 28: Purchased 2,000 shares of treasury stock for $10,000.

Treasury Stock 10,000

Cash 10,000

6 0
3 years ago
Ally Bank advertises "24/7 live customer care," which means that customer can call by telephone and speak with a human being abo
Sidana [21]

Answer:

Ally Bank is emphasizing the Empathy dimension of service quality

Explanation:

Empathy -

It refers to the practice of providing proper attention and help to consumers , is referred to as empathy .

In companies these practice is done in order to help the consumers in the best possible manner , which will in turn help the company with good feedback and profit .

Hence , from the given scenario of the question ,

The correct answer is empathy .

4 0
3 years ago
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