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lesantik [10]
3 years ago
7

Which of the following statements are true for both gratuitous and testamentary transfers?

Business
1 answer:
kherson [118]3 years ago
4 0

Answer: D. A charitable and marital deduction is allowed in computing the taxable transfers.

Explanation:

A gratuitous transfer is when a property is being given as a gift from a donor while testamentary transfer has to do with the transfer of a property to an individual based on the specification in a will.

The thing true to them is that a charitable and marital deduction is allowed in computing the taxable transfers.

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A organization in which specialists from different parts of the organization are brought together to work on specific projects b
Genrish500 [490]

Answer:

Matrix organization structure

Explanation:

A matrix organizational structure is a work arrangement in which employees report to two or more supervisors rather than one line manager overseeing every project aspect. The reporting relationships are grid-like, with employees reporting to both product and functional managers. For example, an employee may have a direct manager they report to, plus one or more project managers they operate under.

The matrix organizational structure is useful when sharing skills across departments is necessary to complete a project.

8 0
3 years ago
Krazy Kayaks sells its entryminuslevel kayaks for​ $750 each. Its variable cost is​ $500 per kayak. Fixed costs are​ $25,000 per
Daniel [21]

Answer:

Net operating income= 565,000

Explanation:

Giving the following information:

Krazy Kayaks sells its entry-level kayaks for​ $750 each. Its variable cost is​ $500 per kayak. Fixed costs are​ $25,000 per month for volumes up to​ 1,100 kayaks. Above​ 1,100 kayaks, monthly fixed costs are​ $60,000.

Sales= 2,500*750= 1,875,000

COGS= (500*2,500)= (1,250,000)

Gross profit= 625,000

Fixed costs= (60,000)

Net operating income= 565,000

7 0
3 years ago
Maxim manufactures a cat food product called Green Health. Maxim currently has 10,000 bags of Green Health on hand. The variable
Rudik [331]

Answer: $92,880

Explanation:

The Gross Profit can be calculated by simply removing the cost from the sales amount.

It is stated that the additional processing will yield 10,000 bags of Premium Green and 3,600 bags of Green Deluxe, which can be sold for $7.55 and $5.55 per bag.

Sales figure is therefore,

= (10,000 * 7.55) + (3,600 * 5.55)

= 75,500 + 19,980

= $95,480

Subtracting the cost to get,

= 95,480 - 2,600

= $92,880

The total gross profit would is $92,880.

7 0
3 years ago
Which economist most supported the idea that poor workers would
Alla [95]
Thomas Robert Malthus is the economist who supported it the most
6 0
3 years ago
Read 2 more answers
The ALG Manufacturing Company has gathered the following information for the month of September:• 6,000 units in the beginning W
mars1129 [50]

Answer:

C. 66,000

Explanation:

Ending Work in Process (WIP) = Beginning Work in Process + Units Started into Production - Units Completed and Transferred

Ending WIP = 6,000 * 100% + 60,000 - 50,000 = 16,000

Equivalent Units of Production (EUP) = Units Completed + Units Ending WIP x % of conversion

EUP = 50,000 + 16,000 * 100 = 66,000

4 0
3 years ago
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