Answer:
- The trustee has naked title
- The lender is named the beneficiary
- The trustor has legal title
Explanation:
A Trust deed is a legal agreement that allows for a debtor to transfer ownership of a physical real estate property to a Trustee so that that trustee may hold the property as security for a loan transaction involving the lender and the debtor.
The trustee in this agreement holds a naked title which is a legal title to a property that is given to a trustee as it has no ownership benefits. The beneficiary is also named to be the lender and the Trustor retains the legal title.
Answer:
B. $390,000
Explanation:
Land Value + (Cost New – Accumulated Depreciation) = Property Value
100,000 + (350,000 - 60,000) = Property Value
100,000 + 290,000 = Property Value
$390,000 = Property Value
Answer:
A. Country B had produced bycycles for a longer period of time.
Answer: OPTION C
Explanation The answer to this question is cash payback and average rate of return method.
Capital rationing is the method used by companies to effectively allocate the limited funds a company has on alternative funds.
Under payback period method the company evaluates how much time will it take a project to recover its initial cost and as per average rate of return method the company evaluates the return generated from the net income, it does not take into consideration the time value of money.
Answer:
a) Providing information that managers need to make operational decisions
Explanation:
Managerial accounting: Managerial accounting focuses on internal users. It works internally instead of externally. The aim of managerial accounting is to see the internal performance of the business organization.
All the processes, departments, projects are run in a smooth manner is checked by the internal managers which help them to make ethical decisions that help to achieve the organizational objectives.
Hence, the correct option is a.
