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juin [17]
2 years ago
13

An estate left the decedent's farm to eight grandchildren. Because no form of ownership was specified in the decedent's will, ea

ch of the grandchildren receives A) a right of possession to one-eighth of the property. B) a one-eighth interest in the property as a tenant in common. C) a severalty interest in one-eighth of the property. D) a joint interest in the entire property.
Business
1 answer:
ivanzaharov [21]2 years ago
3 0

A right of possession to one-eighth of the property is what each of the eight

grandchildren will receive.

In cases where there is no will which specifies ownership then the estate will

have to be shared equally between the parties involved. They can however

do what they want with the share allocated to them.

In cases where there is no will and no relative, then it goes to the state. This

case involves eight grandchildren and it gives them the right to own one-

eighth of the property as a result of equal sharing.

Read more about Will on brainly.com/question/3882532

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c. how the firm has financed its assets as well as the firm’s ability to repay its long-term debt.

Explanation:

The Total Debt to Total Capital ratio is also known as the Debt to Equity Ratio. This ratio shows how much foreign money is used by the Company. Also important, it reveal the firms ability to repay its long term debt.

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3 years ago
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Answer:

Consumer price index; A consumer price index measures changes in the price level of a weighted average market basket of consumer goods and services purchased by households.

5 0
3 years ago
The Duerr Company manufactures a single product. All raw materials used are traceable to specific units of product. Current info
Gemiola [76]

Answer:

Direct material used= $102,000

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Explanation:

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Direct material used= beginning inventory + purchases - ending inventory

Direct material used= 28,000 + 105,000 - 31,000

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<u>Now, the cost of goods manufactured:</u>

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cost of goods manufactured= $327,000

<u>Finally, the cost of goods sold:</u>

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

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