1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anvisha [2.4K]
2 years ago
10

An object that formerly was personal property but has become real property:

Business
1 answer:
katrin [286]2 years ago
5 0
<span>An object that formerly was personal property but has become real property is a fixture. A fixture is defined as any physical property that is attached/fixed to a real property, like land. Because they are attached to one another, the fixture because real property and treated as such pertaining to property law. </span>
You might be interested in
Part of the decision to accept additional business should be based on a comparison of the incremental (differential) costs of th
postnew [5]

Answer:

TRUE

Explanation:

Marginal Benefit is addition to total benefit due to a business decision.

Marginal Cost is addition to total cost due to a business decision.

Marginal Benefit & Marginal Costs are determinants while considering a business decision. A decision will be taken if : Marginal Benefit ≥ Marginal Cost, as entrepreneurial decision maker would be better off or at least neutral while taking decision. If MB < MC , it is loss making for the entrepreneur to take that decision & hence is discouraged to take that.

6 0
3 years ago
In the state where Susan lives, drivers whom private insurance companies do not want to insure are placed in a common pool, and
deff fn [24]

Answer: Joint Underwriting Association

Explanation: An association which affords licensed drivers the opportunity to come together and provide coverage or compensation for vehicle owners or insurers is the Joint Underwriting Association. Members of the association are usually composed of drivers who have been unable to obtain insurance the regular or private insurance companies usually due to the risk exposure level of the driver's or car owners. The joint Underwriting Association requires that members pay shares fees and share of pool losses. However, they are usually more affordable than the standard insurance coverage offered by most private insurance companies and thus provides an insurance lifeline to high risk drivers.

3 0
3 years ago
If overhead is applied to individual jobs at a rate of 50% of direct labor costs incurred per job, and $50,000 in direct materia
barxatty [35]

The total cost applied to the job is $87,500 when the direct materials are $50,000, the cost of direct labor is $25,000 and the overhead cost is 50 % of direct labor.

<h3>What is meant by total cost?</h3>

Total cost means the combined cost of materials, human labor, and the overheads incurred in the process of production.

Given values:

Cost of direct materials: $50,000

Cost of direct labor: $25,000

Cost of overheads: $12,500 ($25,000 X 50%)

Computation of total job cost:

\rm Total \rm\ Job \rm\ Cost=\rm\ Cost \rm\ of \rm\ Direct \rm\ Materials+\rm\ Cost \rm\ of \rm\ Direct \rm\ Labor+\rm\ Cost \rm\ of \rm\ Overheads\\\rm Total \rm\ Job \rm\ Cost=\$50,000 + \$25,000 + \$12,500\\\rm Total \rm\ Job \rm\ Cost=\$87,500

Therefore, when the direct materials are $50,000, the direct labor is $25,000 and the overhead cost is $12,500, then the total cost of the job is $87,500.

Learn more about the overhead cost in the related link:

brainly.com/question/14545063

#SPJ1

4 0
1 year ago
If the midlands pencil corporation has issued several different debt securities, an investor would expect the lowest income stre
Dafna1 [17]

If the midlands pencil corporation has issued several different debt securities, an investor would expect the lowest income stream from <u>convertible debentures.</u>

Convertible bonds have many positive attributes for investors, but the main drawback is that investors accept lower interest rates in exchange for these benefits.

Convertible debentures are fixed rate debentures that pay interest but can be converted into a specified number of ordinary shares or shares. Conversion of a bond into equity may occur at certain times during the life of the bond and is generally at the discretion of the bondholder.

Due to this logic, a convertible bond allows the issuer to indirectly sell its common stock at a price higher than its current price. From a buyer's perspective, convertible bonds are attractive because they offer the opportunity to capture the potentially high yields associated with equities, but also the security of bonds.

Learn more about bonds here brainly.com/question/9817093

#SPJ4

3 0
1 year ago
After the accounts are adjusted and closed at the end of the fiscal year, accounts receivable has a balance of $340,000 and allo
bija089 [108]
340,000-51,000=$289,000
3 0
3 years ago
Other questions:
  • What is the National Labor Relations Board responsible for?
    9·1 answer
  • Orange Corporation acquired new office furniture on August 15, 2018, for $130,000. Orange does not elect immediate expensing und
    10·1 answer
  • Triad Children's Center (TCC), a non-profit organization, uses relevant cost analysis to determine whether new services are desi
    11·1 answer
  • Business products that are purchased routinely, do not become part of finished goods, and are expense items rather than capital
    13·1 answer
  • Preparing a Direct Labor Budget Patrick Inc. makes industrial solvents. Planned production in units for the first 3 months of th
    9·1 answer
  • If there is a fall in the interest rate, ______.
    11·2 answers
  • 1. Select two categories of records that are exempt from public disclosure under the Freedom of Information Act.
    14·2 answers
  • In one hour, the United States can produce 25 tons of steel or 250 automobiles. In one hour, Japan can produce 30 tons of steel
    6·1 answer
  • The Manchester Corporation manufactures wooden pictures frames. In order to better manage costs, the Manchester Corporation had
    12·1 answer
  • If a country engages in international trade to gain access to natural resources, they
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!