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ipn [44]
3 years ago
9

Which of the following statements is a bottom-line statement​

Business
2 answers:
VARVARA [1.3K]3 years ago
7 0

Answer: The strong demand in Bigtown would make opening a new salon feasible

Explanation:

OleMash [197]3 years ago
6 0
What are the options?
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the covenant whereby one warrants that he is the possessor and owner of property being conveyed is the covenant of: select one:
Sophie [7]

The covenant whereby one warrants that he is the possessor and owner of property being conveyed is the covenant of seizen.

A covenant is a two-party promise, agreement, or contract. The two parties agree that certain activities will or will not be carried out as part of the covenant.

Covenants in finance typically refer to terms in a financial contract, such as a loan document or bond issue, that specify the maximum amount that the borrower can lend. In religion, covenants frequently convey the binding relationship between a deity and humanity.

Covenants are frequently expressed in terms of financial ratios that must be met, such as a maximum debt-to-asset ratio or other such ratios. Covenants can cover anything from minimum dividend payments to working capital levels that must be maintained to key employees remaining with the company.

Learn more about covenants here:

brainly.com/question/28237935

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7 0
1 year ago
Granite Enterprises acquired a patent from Southern Research Corporation on January 1, 2021, for $4.1 million. The patent will b
Artemon [7]

Answer:

the patent amortization expense for the year 2021 is $231,000

Explanation:

The computation of the patent amortization is shown below:

= (Acquired value of the patent - ending value) ÷ legal life

= ($4,800,000 - $180,000) ÷ 20 years

= $231,000

We simply applied the above formula so that the correct value could come

Hence, the patent amortization expense for the year 2021 is $231,000

7 0
3 years ago
The long-run aggregate supply curve
pantera1 [17]

Answer:

Option 1 - The long-run aggregate supply curve  is very sensitive to changes in the price level.

Explanation:

The long-run aggregate supply curve, LRAS, is a curve that reveals the relationship between the price level and real GDP that would be supplied if all prices, including nominal wages, were fully flexible; price can change along the LRAS, but the output cannot because output reflects the full-employment output.

Therefore, the long-run aggregate supply curve is very sensitive to changes in the price level.

8 0
3 years ago
A(n) ____________________ is a contractual provision that says a seller of a business will not engage in a similar business with
Marysya12 [62]

Answer: licensing clause

Explanation:

8 0
2 years ago
Larry Jones gifts land to a school district, but the deed states "for so long as the land is used for a school." Jones owns a(n)
OleMash [197]

Answer:

Reversionary interest

Explanation:

If Larry Jones gifts land to a school district, but the deed states "for so long as the land is used for a school." Jones owns a reversionary interest.

A reversionary interest can be defined as a property law (deed) which states that when a property such as a land transfer is used on a clause; “for so long as” or “on condition that."

Hence, once the interest of the benefactor comes to an end, the property reverts back to its original owner (grantor). It also gives the grantor's next of kin, successor or heir the power or right to take the property back in the future if promises are broken or the agreement comes to an end.

This ultimately implies that, if a property stated in the deed is not used or used, for certain purposes.

<em>In this scenario, Larry owns a reversionary interest because he gifts a land to the school district, but in the deed he stated "for so long as the land is used for a school." </em>

4 0
3 years ago
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