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GarryVolchara [31]
2 years ago
13

John owns a small rental cottage in St Augustine and his mother Brenda lives nearby in a rented apartment. He is concerned about

her having a secure home to live in after her retirement so he decides to convey the cottage to her for the rest of her life, after which, ownership will revert to him.
Required:
What would John's attorney probably have advised him to do to achieve these goals?
Business
1 answer:
Lelechka [254]2 years ago
3 0

The option that John's attorney is going to advise him to do in order to achieve these goals would be to give a life estate to Brenda.

<h3>What is a life estate?</h3>

A life estate can be described to be an estate that a person owns and they are able to use it during the period of their lifetime.

The attorney would advise John on this with the right of reversion after she dies.

Read more on life estate here:

brainly.com/question/14115541

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Answer:

The value-added, non-value-added, total lead time, and the value-added ratio under the present production approaches is as follows:

value-added=20 minutes

non-value-added=905 minutes

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non-value-added=50 minutes

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value-added ratio=28.6%

Explanation:

In order to calculate the  the value-added, non-value-added, total lead time, and the value-added ratio under the present production approaches we would have to use the following formula:

value-added=Process times, step 1 +Process times, step 2+Process times, step 3+Process times, step 4

value-added=5+8+4+3

value-added=20 minutes

non-value-added=Total within batch wait time+movie time

non-value-added=(5+8+4+3)*(45-1)+25

non-value-added=905 minutes

total lead time= value-added+ non-value-added

total lead time=20+905

total lead time=925 minutes

value-added ratio=value-added/total lead time

value-added ratio=20/925

value-added ratio=2.2%

In order to calculate the  the value-added, non-value-added, total lead time, and the value-added ratio under the proposed production approaches we would have to use the following formula:

value-added=Process times, step 1 +Process times, step 2+Process times, step 3+Process times, step 4

value-added=5+8+4+3

value-added=20 minutes

non-value-added=Total within batch wait time+movie time

non-value-added=(5+8+4+3)*(3-1)+10

non-value-added=50 minutes

total lead time= value-added+ non-value-added

total lead time=20+50

total lead time=70 minutes

value-added ratio=value-added/total lead time

value-added ratio=20/70

value-added ratio=28.6%

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Read 2 more answers
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Answer:

The amount to be received onthe coupon date is $154000.

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amount received on the next coupon date = 4000*$1000*7.7%*6/12

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= $4,000,000 + $154000

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