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iVinArrow [24]
3 years ago
15

Difference between a will and a living trust

Business
1 answer:
aev [14]3 years ago
7 0

Answer:

A will gets into effect after a person dies. trust gets into effect as soon as it is created. The will covers all the property under the individual's name. Trust covers property which has been transferred in the name of the trust.

Explanation:

A will directs who will receive his property after an individual's death. It also appoints a representative to carry out the wishes of the deceased. A trust on the other hand can divide the property before, after or at death.

A will is a document through which a person expresses his wishes about how his property is to be distributed, it can also contain details regarding funeral.

A trust is an arrangement through which property of an individual is held by other individuals or institution.

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Howat Corporation earned $360,000 during a period when it had an average of 100,000 shares of common stock outstanding. The comm
Lyrx [107]

Answer:

The answer is:

A. Yes

B. 3.6

C. 3.43

Explanation:

A. Yes, the warrants is dilutive because the average market price($15) is higher than option price($10).

B. Since there is no preferred shares or preferred dividends, the basic earnings per share is:

Net income ÷ weighted average shares

= $360,000 ÷ 100,000 shares

= 3.6

C. First we need to find the incremental shares. The formula is:

[(average market price - option price) ÷ average market price]x number of shares

[($15 - $10) ÷ $15] x 15,000 shares

$0.33333 * 15,000 shares

5,000 shares

Total number of shares is now 105,000shares(100,000 shares + 5,000)

Therefore, diluted shares is now

$360,000 ÷ 105,000 shares

3.43

6 0
3 years ago
how would you handle a situation in which the supervisor of another department approaches you with a strong complaint about one
djyliett [7]

Answer:

i would ask for more proof and check on that employee

Explanation:

4 0
3 years ago
When your music teacher asks that you increase the decibels in a particular part of your performance, he is specifically request
REY [17]
Loudness. Hope this helps.
8 0
2 years ago
Ed bought $2,000 in stock shares one week before the stock price dropped $10.00. If he had waited for the price setback, he coul
Zanzabum

Answer:

He bought 40 shares.

Explanation:

<em>Step 1: Determine the initial stock price</em>

Use the expression below to determine the total initial stock price as shown;

T=S×s

where;

T=total initial stock price

S=initial stock price per share

s=number of shares

In our case;

T=$2,000

S=x

s=unknown

replacing;

2,000=x×s

s=2,000/x

<em>Step 2: Determine the final stock price</em>

Use the expression below;

F=f×s2

where;

F=final stock price=$2,000

f=final stock price per stock=(x-10)

s2=final number of shares bought=(2,000/x)+10

replacing;

2,000=(x-10){(2,000/x)+10)

2,000=x(2,000/x)+(10 x)-10(2,000/x)-100

(2,000=2,000+10 x-20,000/x-100)x

2,000 x=2,000 x+10 x²-20,000-100 x

2,000 x-2000 x=10 x²-100 x-20,000

10 x²-100 x-20,000=0

solving quadratically;

x=[100±√{100²-(4×10×-20,000)}]/(2×10)

x={100±√(10,000+800,000)}/20

x=(100±900)/20

x=1,000/20=50

Initial stock price=$50

Number of shares bought=2,000/x=2,000/50=40

He bought 40 shares.

4 0
3 years ago
Which of the following is most likely to be considered a profit center?
likoan [24]

Answer:

A. The grocery department of a Walmart Supercenter or Target Superstore

Explanation:

  • A profit center is a type of business where the business is expected to make into valuable contributions, a profit center can be treated as a separate business of the company.  
  • The profits and losses for that center are calculated separately. Examples of profit centers include the store, sales organization, or consulting organization.
3 0
3 years ago
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