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maks197457 [2]
2 years ago
8

Scotty and Kirk own a speedboat together. They are not related but have been friends since childhood. They own equal shares of t

he boat. When thinking about the future, Kirk would like to pass his share of ownership to his son, Leonard. How must Scotty and Kirk title the boat?
Business
1 answer:
snow_tiger [21]2 years ago
3 0

Answer:

C. Tenancy in common.

Explanation:

Based on the information provided within the question it can be said that Scotty and Kirk must title the boat as a tenancy in common. This refers to ownership contract in which each party has a separate transferable interest in the ownership of the asset in question. Which in this case would be the boat that they would like to purchase together. By doing so they would be able to transfer each of their ownership to whomever they would like in the future, without the approval of the other.

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Seattle Inc. identifies an investment opportunity, which will yield cash flows of $30,000 per year in Years 1 through 4, $35,000
vladimir2022 [97]

Answer:

the payback period = 4.86 years

Explanation:

Seattle's cash flows are as following:

Year                Cash flow                         Accumulated cash flows

0                     -$150,000                                -$150,000

1                         $30,000                                -$120,000

2                        $30,000                                 -$90,000

3                        $30,000                                 -$60,000

4                        $30,000                                 -$30,000

5                        $35,000                                    $5,000

6                        $35,000                                  $40,000

etc.

The payback period is between year 4 and 5:

  • 4 years + ($30,000 / $35,000) = 4.86 years or
  • year 4 + [($30,000 / $35,000) x 365 days] = 4 years and 313 days
6 0
2 years ago
The R-W-W Framework is used to screen new products. R-W-W stands for:
finlep [7]

Answer: 1. W: Is it worth doing?,2. R: Is it real, 3. R: Is it real, 4. W: Can we win?,5.W: Can we win?-

Explanation:The R-W-W Framework is used to screen new products. R-W-W stands for:

Is it Real?

Can we Win?

Is it Worth doing?  By matching each description to nthe correct R-W-W category, i have that

1) The new product would cost $12.50 to manufacture, and similar products sell for $9.00----- W: Is it worth doing?

2)Research shows that 85% of high school students enjoyed playing the new game.-----R: Is it real

3)The results of the last market survey showed only 35% of consumers were interested in the new product-----. R: Is it real?

4)A smaller ergonomic mouse was used by 57% of data entry clerks who participated in the survey. ----W: Can we win?-

5)To manufacture the new product, the company may need to hire 10 more assemblers.-----W: Can we win?

3 0
2 years ago
Outdoor Adventures, Inc. operates a chain of very large stores that offer an incredible selection of sporting goods at very comp
Olin [163]

Answer:

Category killer

Explanation:

Since in the question it is given that the Outdoor Adventures, Inc. operates a chain of very large stores of sporting goods at very competitive prices. Due to opening its first store, there is a drop in sales for small sporting good store because of category killer as it refers a store which keeps a variety of goods in its specialized field due to which it gains a competitive advantage.

8 0
2 years ago
How does Reagan's evidence compare to the available
Alex

Answer:

Reagan’s claim that inflation rose sharply under Carter is supported by the data.

Explanation:

Correct on edg

6 0
2 years ago
Read 2 more answers
Name one potential danger of choosing a career based solely on salary and earnings potential.
Alexeev081 [22]

Answer:

Unhappiness

Explanation:

if you choose a job purely for the money you probably won't be as happy.

4 0
2 years ago
Read 2 more answers
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