Answer:
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Explanation:
Answer:
The correct answer is Fee simple determinable.
Explanation:
In US law, a simple fee is a state on earth, a form of full property ownership. It is the way in which real estate is owned by common law countries, and it is the greatest possible property interest that can be held in real estate. The allodial title is reserved to governments under a civil law structure. The ownership of the simple tariff represents a property interest in real estate, although it is limited by fiscal powers, eminent domain, police power, and escheat, and could also be limited by certain liens or conditions in writing, such As an Example, a condition that required the land to be used as a public park, with a reversal interest in the grantor if the condition fails; This is a simple conditional rate.
could you explain it more
Answer: The answer is as follows:
Explanation:
Given that,
Raw material = $7.60/unit
Direct labor = $10.60/unit
Manufacturing overhead = $8.60/unit
(1) Unit cost under variable costing = Raw material + Direct labor + variable Manufacturing overhead
= 7.6 + 10.6 + 8.6
= 26.8
(2) Unit cost under absorption costing = Raw material + Direct labor + variable Manufacturing overhead + fixed Manufacturing overhead
= 7.6 + 10.6 + 8.6 + 8.6
= 35.4
Answer:
The current share price is $74.62.
Explanation:
The constant growth model of the DDM requires is used to estimate the fair price per share of a stock based on the expected dividends that it will pay in future when these dividends are growing at a constant rate. The formula for this model is,
Price today = D1 / r - g
Where,
D1 is the dividend in year 1
r is the required rate of return
g is the growth rate in dividends
However as the company will pay dividends from year 10. Thus, the D10 will 14.
The value of the stock at year 9 will be,
Price at year 9 = 14 / (0.125 - 0.06)
Price at year 9 = $215.38
We will discount this by the required rate of return to calculate the present value.
Present price per share = [(14 / (0.125 - 0.06)) / (1+0.125)^9]
Present prie per share = $74.617