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FrozenT [24]
3 years ago
5

An Intermediate license is available to drivers between the ages of _______

Business
1 answer:
lana [24]3 years ago
6 0

An Intermediate license is available to drivers between the ages of

D. 16 and 18

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Which of the following is an owner of a fee simple absolute NOT able to do...? Lease the property to another Pledge the property
xxTIMURxx [149]

Answer:

Correct Answer:

4. Build beyond the property line of the land

Explanation:

Fee simple absolute is an estate in land, which is a form of freehold ownership. It is a way that real estate and land may be owned in common-law countries. And, also is the highest possible ownership interest that can be held in real property.

7 0
3 years ago
A company bought a parcel of land twenty years ago. The land is currently worth $575,000. The yearly appreciation rate has been
tekilochka [14]

Answer:

The company paid $278,031

Explanation:

Giving the following information:

A company bought a parcel of land twenty years ago. The land is currently worth $575,000. The yearly appreciation rate has been 3.7%.

<u>To calculate the past value of the land, we need to use the following formula:</u>

PV= FV/(1+i)^n

PV= present value (20 years ago)

n= 20

FV= 575,000

i= 0.037

PV= 575,000 / (1.037^20)

PV= $278,031

3 0
2 years ago
Other things held constant, which of the following actions would increase the amount of cash on a companys balance sheet? Select
Leokris [45]

Answer:

Correct option is (c)

Explanation:

When the company repurchases common stock, it has to pay cash to the shareholders to gain rights on the stocks. So, cash decreases in this case.

Payment of dividend also decreases cash from balance sheet.

When company needs cash for investment or growth purpose, it issues common stock to raise funds, thereby increasing cash in the company's balance sheet.

When company gives more time to its debtors, receipt of cash is delayed thereby not increasing cash in balance sheet.

Purchase of new equipment will reduce cash balance.

So issue of new shares increase cash balance in balance sheet.

7 0
2 years ago
Amber Devices Ltd. has total assets worth $900 million and total liabilities worth $475 million at the end of December 31. What
natima [27]

Answer:

The current total assets of Amber devices are $900 million

IF they sell all their assets for 850 million they will have 850 million in cash. From this cash they have to pay their liabilities first, so

850 million -475 million =  375 million

The book value of the liabilities was 475 million and because Amber devices pays of all its outstanding debt at book value, the remaining cash left for the stock holders is 375 million

The stock holder receive $375 million after liquidation of assets and payment of debt.

Explanation:

6 0
3 years ago
The stock is currently selling for $15.25 per share, and its noncallable $1,000.00 par value, 20-year, 9.00% bonds with semiannu
ANTONII [103]

Answer:

12.8%

Explanation:

Ra=Rf+(Rm-Rf)*Ba

Ra=?

Rf=5.5%

Rm=11.5%

Ba=1.22

Ra=5.5%+(11.5%-5.5%)*1.22

Ra=12.8%

7 0
3 years ago
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