Answer:
Appurtenant easement
Explanation:
An appurtenant easement grants the dominant tenement the right to use any adjoining property that transfers with the land through the servient tenement.
While the servient tenement provides the easement . the dominant tenement benefits the easement
In the scenario given , the lots are dominant tenement being the beneficiary of the right to use the land while the lake frontage is the servient tenement as it provides the easement for the lots
Option a is the correct answer because the second stage is c2 for acceptance from two stages c1 and c2.
The second stage of a two-stage acceptance sampling plan is executed when the first-stage result is <u>c1 < x1 < c2</u>.
A sampling plan is a detailed outline of when, what materials, how, and by whom measurements will be taken. Statistical sampling plans obey the laws of probability, so valid inferences about a population can be drawn from the statistics of a sample drawn from the population.
A sampling distribution is a statistical probability distribution obtained from a large number of samples from a given population. The sampling distribution for a given population is the frequency distribution of the different outcomes that can occur for a population statistic.
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Answer:
Production= 9,100 units
Explanation:
Giving the following information:
Sales= 9,000 units
Beginning inventory= 200 units
Desired ending inventory= 300 units
<u>To calculate the budgeted production for the period, we need to use the following formula:</u>
Production= sales + desired ending inventory - beginning inventory
Production= 9,000 + 300 - 200
Production= 9,100 units
Answer:
B. Suppose a firm wants to maintain a specific TIE ratio. It knows the amount of its debt, the interest rate on that debt, the applicable tax rate, and its operating costs. With this information, the firm can calculate the amount of sales required to achieve its target TIE ratio.
Explanation:
The times interest earned (TIE) ratio measures the company's ability to meet its debt obligations from its current income. The formula for calculating TIE number is 'earnings before interest and taxes (EBIT) divided by the total interest payable on all debts.
With the above definition and formula in mind it becomes <u>true</u> that if a firm wants to maintain a specific TIE ratio, If it knows the amount of its debt, the interest rate on that debt, the applicable tax rate, and its operating costs. With this information, the firm can calculate the amount of sales required to achieve its target TIE ratio, because;
With the parameters 'If it knows the amount of its debt, the interest rate on that debt,' It will work out total interest on all debts which is the denominator of TIE.
AND
With the parameters 'the applicable tax rate, and its operating costs' it will work out the Earnings Before Interest and Taxes'
<span>October sales forecast projects = 7000
Sold price = $11.50
Desired ending inventory in units is 15 % higher tan the beginning inventory of 1000 units
Total October sales = ?
When we calculate the total October sale, it means we have to multiply the total units sold in October with the price per unit
Total October sales = 7000 x 11.50
= $80,500
So, total October sales are anticipated to be $80,500.</span>