An easement appurtenant cannot be terminated upon change in ownership title of the dominant estate
Indicate whether the statement is true or false
TRUE
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A company had net sales of $550,000, total sales of $700,000, and an average accounts receivable of $82,500. Its accounts receivable turnover equals:
A. 8.48 B. 0.15 C. 0.79 D. 6.67 E. 0.12
Which of the following is not true regarding the presentation of cash on the balance sheet?
a. A company may invest its highly liquid cash in order to earn interest; these investments are called cash equivalents. b. Most companies present only a single cash amount on the balance sheet by combining all their bank and cash fund accounts. c. Cash is the most liquid asset, and it is therefore listed first under the property, plant, and equipment section of the balance sheet. d. Cash is the most liquid asset, and it is therefore listed first under the current assets section of the balance sheet.
After World War II many industrialized countries such as Germany actively sought to recruit immigrants in pursuit of economic development. What flawed assumption did they have in terms of the immigrants?
a. That foreign workers would immediately demand citizenship and the same rights and status of current citizens b. That foreign workers would choose to live an ethnic isolated communities made up of like ethnicities c. That foreign workers would leave when no longer needed d. That foreign workers would migrate believe their families behind in their home country
The nominal or face value of a stock or bond is called the ________
A) stated capital value B) share price C) stock price D) par value