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3 years ago

A trustee represents the: a. borrowing firm. b. federal government. c. bondholders. d. investment management company .

Business

1 answer:

Naddika [18.5K]3 years ago

5 0

Answer:

D) investment management company .

Explanation:

A trustee is the person responsible for managing the assets of a trust on behalf of the trust's beneficiaries. A trustee can be part of an investment management company, since its primary role is to manage assets and if properly done should increase total asset value. The roles of a trustee may vary depending on the assets that from the trust and who the beneficiaries are and how they will receive the proceeds from the trust.

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The Operations Manager at Freightliner Trucks orders truck batteries which cost $100 each. Freightliner uses an average of 12,50

Anastasy [175]

Answer:

Calcium carbonate reacts w/stomach acid according to the following chemical equation.

CaCO3+2HCl(aq)-> CaCl2(aq)+H2O(l)+CO2(g)

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3 years ago

Amarillo Company experienced the following events during its first accounting period. (1) Purchased $5,000 of inventory on accou

Alik [6]

Answer:

$4,000

Explanation:

The computation of the cash to be required to settle the liability is shown below:

= Purchase value of inventory - returned inventory which was purchased

= $5,000 - $1,000

= $4,000

It is a net purchase plus it is the cash required to settle the liability

There is no discount applied in the question as dates are not given so we ignored it.

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3 years ago

A vending machine's coin box contains nickels, dimes, and quarters. The total number of coins in the box is 284. The number of

solong [7]

Answer:

there are 59 nickels, 12 quarters, and 213 dimes

Explanation:

let n = nickels
let q = quarters
let d = dimes

first step:

d = 3 (n + q) = 3n + 3q

d + n + q = 284

0.10d + 0.05n + 0.25q = 27.25

second step:

3n + 3q + n + q = 284

0.10 (3n + 3q) + 0.5n + 0.25q = 27.25

third step:

4n + 4q = 284

0.3n + 0.3q + 0.05n + 0.25q = 27.25

fourth step:

n + q = 71

0.35n + 0.55q = 27.25

fifth step:

replace q = 71 - n

0.35n + 0.55(71 - n) = 27.25

sixth step:

0.35n + 39.05 - 0.55n = 27.25

seventh step:

11.8 = 0.2n

eighth step:

n = 59

q = 71 - 59 = 12

d = 284 - n - q = 284 - 59 - 12 = 213

6 0

3 years ago

gary and felix are partners of a general partnership. gary does two-thirds of the partnership work, while felix does one-third o

zhuklara [117]

Under partnership Felix is entitled to receive $100,000. 1/3 × 300000 = $100000

In a partnership, parties who are referred to as business partners agree to work together to further their shared objectives. Individuals, companies, interest-based organisations, schools, governments, or combinations of these may be the partners in a partnership.

All partners in a general partnership are equally liable financially and legally. The debts that the partnership incurs are personally liable to the individuals. Equal shares are also given to profits. In a partnership agreement, the mechanics of profit sharing will almost definitely be spelled out in writing.

Organizations may work together to expand their reach and increase the likelihood that each will succeed in reaching their goals. A partnership may solely be controlled by a contract, or it may issue and hold stock.

Learn more about partnership here:

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5 0

11 months ago

Darryl’s portfolio includes 66 shares of Essentia Inc., 95 shares of SFT Legal, and 180 shares of Grath Oil. If Essentia Inc. pa

PSYCHO15rus [73]

Answer: d. $579.44

Explanation:

Dividends from Essentia Inc.

= 66*$1.79

= $118.14

Dividends from SFT Legal

= 95*$2.62

=$248.90

Dividends from Grath Oil

=180*$1.18

=$212.4

Total Dividends

=$118.14 + $248.90 + $212.4

=$579.44

Darryl's total Dividends each year amounts to $579.44

7 0

2 years ago