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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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Alekssandra [29.7K]

Answer:

Marketing company era

Explanation:

They need to get their product out there, so they use mission statements to please the customer, which is marketing.

8 0
3 years ago
The firm's target capital structure should do which of the following?
inysia [295]

Answer:

e. Minimize the weighted average cost of capital (WACC)

Explanation:

A: Earnings per share is linked to the stockholders' only, therefore, it cannot achieve the target capital structure. It is a wrong statement.

B: Minimizing the cost of equity is related to the equity only, so, it is also a false statement.

C: Cost of debt is only related to liabilities. It cannot minimize the total target capital structure. Therefore, it cannot be an answer.

D: It is out of question because target capital structure cannot obtain the bond rating.

E: Since weighted average cost of capital is the combination of debt and equity capital's cost, it can be minimized with the firm's target capital structure.

8 0
3 years ago
Whirly Corporation’s contribution format income statement for the most recent month is shown below: Total Per Unit Sales (8,000
yarga [219]

Answer:

An increase in sale for 90 units, will increase the net income for 1$,170

Explanation:

<em>We are not given with any information of additional cost or special price for this units, so we use the current values.</em>

So we simply multiply the contribution per unit by the increase in sale.

Contribution Margin  x Δ sales = Δ income

13 x 90 = 1,170

Each unit contributes with 13 additional income, there are 90 additional units

Total income added 1,170

8 0
3 years ago
There are not enough goods and services to meet the wants of the population
brilliants [131]

Answer:

Explanation:

The fact that limited amounts of goods and services are available to meet unlimited wants is called scarcity. ... Scarcity always exists. There simply are not enough goods and services to supply all of society's needs and wants.

5 0
2 years ago
The regular selling price of a computer desk is $329.99. The markdown rate is 40%. What is the sale price? $197.99
krok68 [10]
A. $197.99

First you subtract 40% from 329.99

So,

329.99-40%=

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329.99-131.99= 197.99
4 0
3 years ago
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