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nadezda [96]
1 year ago
13

In order for a liability to be classified as a current liability, it must be a debt that the company:.

Business
1 answer:
Eddi Din [679]1 year ago
5 0

Answer:

In order for a liability to be classified as a current liability, it must be a debt that the company expects to pay from existing current assets or through the creation of other current liabilities.

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Paul’s will creates a General Power of Appointment Trust (GPOA) that distributes income to his wife annually for life and gives
Ivanshal [37]

Answer: D. The GPOA Trust automatically qualifies for the unlimited marital deduction because Paul's wife has a general power of appointment over the trust's assets.

Explanation:

General Power of Appointment Trust (GPOA) refers to a power of appointment which is a legally binding provision that's contained in a trust such that the beneficiary possess the authority to alter the beneficiaries of the trust.

In this case, Paul's wife possess the power of appointment to anyone on her behalf. Therefore, The GPOA Trust automatically qualifies for the unlimited marital deduction because Paul's wife has a general power of appointment over the trust's assets.

3 0
2 years ago
Five firms are currently producing and selling in a market. When two more firms enter the market, economists expect that the equ
Vilka [71]

Answer:

Decrease, Increase

Explanation:

Equilibrium price is that price in the market, where the quantity of the goods supplied or the service offered is equal to the quantity of the goods demanded. At this point the supply as well as the demand curves in the market intersect.

So, when 2 firms will be entering the market, the economist expect that the equilibrium price will decrease or fall and fall in the price leads to increase in the quantity, so the equilibrium quantity will increase.

7 0
2 years ago
Imagine that you are a manager facing the problem of not attracting enough high-quality personnel to your organization. Would yo
Ipatiy [6.2K]

Answer:

by committee

Explanation:

this is because it would be easier to do it with a committee than being alone.

6 0
2 years ago
All economies are technically mixed.<br> A. True<br> B. False
Lelu [443]

Answer:

True

Explanation:

Every economy in the real world regardless of their common designation (such as capitalism, socialism, or communism) make use of both markets and governments and is technically a mixed economy. ... Governments force allocation through involuntary taxes, laws, restrictions, and regulations.

4 0
3 years ago
Read 2 more answers
Next &gt;
Andrei [34K]

Answer: Originally he planned to paint his apartment

Explanation: The loss of other alternatives when one alternative is chosen is what we call opportunity cost. opportunity cost Is when an option is chosen from alternatives, the opportunity cost is the "cost" incurred by not enjoying the benefit associated with the best alternative choice. In a simple term, Opportunity cost is an economics term that refers to the value of what you have to give up in order to choose something else.

5 0
2 years ago
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