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cestrela7 [59]
3 years ago
7

A simple trust had $25,000 in capital gains, $10,000 in municipal interest, $5,000 in corporate bond interest, and $2,000 in acc

ounting and trustee fees. According to the trust agreement, capital gains are to be distributed to the beneficiary. What is the distributable net income for this trust?
Business
1 answer:
yawa3891 [41]3 years ago
5 0

Answer:

$38,000

Explanation:

Given:

Capital gains = $25,000

Municipal interest = $10,000

Corporate bond interest = $5,000

Accounting and trustee fees = $2,000

Now,

The distributable net income for this trust

= Capital gains + Municipal interest + Corporate bond interest - Accounting and trustee fees

= $25,000 + $10,000 + $5,000 - $2,000

= $38,000

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Answer:

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2 years ago
Suppose Brian is in the market for a used textbook and the campus bookstore is having a sale. If the initial price of the used b
Misha Larkins [42]

Answer:Percentage change  in the book price =7.17%

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2 years ago
Which graphical display shows marginal and conditional distributions at the same time?
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5 0
3 years ago
A broker, acting as the agent of a seller, must deal honestly and fairly with whom? Group of answer choices
Doss [256]

Answer:

Everyone involved in the transaction

Explanation:

As an agent of the seller, the broker has a fiduciary duty with the seller (principal) to act of behalf of his/her best interest.

But the broker must also act honestly with the buyer, if the broker closes a deal using dishonest or unfair practices, e.g. forging documents, then the buyer might claim damages from both the broker and the seller.

And of course the broker should also make sure that his/her own rights are respected and his/her work is properly paid.  

8 0
3 years ago
Suppose the revenue from producing​ (and selling) x units of a product is given by Upper R (x )equals 10 x minus . 04 x squared
Volgvan

Answer:

marginal revenue is -6

and production levels 200, 50  

Explanation:

given data

R(x) = 10 x - 0.04 x²  

solution

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R(x) = 10 x - 0.04 x²  

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7 0
3 years ago
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