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3 years ago

Estate settlement is provided by banks through

Business

2 answers:

igor_vitrenko [27]3 years ago

4 0

Estate settlement is provided by banks through the trust department.

kogti [31]3 years ago

3 0

Answer:

D. the trust department.

Explanation:

Estate settlement is the process to pay liabilities and distribute the remainings between the beneficiaries when a person dies and this is provided by banks through the trust department. This is an area in the banks that manage trusts for clients and can handle the assets as an executor when a person dies.

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How is the market segmented? at what segment should crescent be targeting?

raketka [301]

Markets are segmented as <span>behavioral, demographic, geographic, and psychographic. The crescent should be targeting the geographic segment

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6 0

3 years ago

On January 1, 2020, Waterway Company purchased 11% bonds, having a maturity value of $312,000 for $336,270.95. The bonds provide

mafiozo [28]

Answer and Explanation:

The journal entries are shown below:

1. 11% bonds payable $336,270.95

To cash $336,270.95

(Being the bond purchased for cash is recorded)

2. Cash ($312,000 × 11%) $34,320

To Interest revenue ($336,270.95 × 9%) $30,264

To 11% bond payable $4,056

(Being the interest revenue is recorded)

Fair value adjustment $1,685.05

To Unrealized gain $1,685.05

(Being the recognition of fair value is recorded)

It is computed below:

= (333,900 - ($336,270.95 - $4,056) )

3. Unrealized gain $13,000 ($333,900 - $320,900)

To fair value adjustment $13,000

(Being the recognition of fair value is recorded)

8 0

3 years ago

To compete in the automobile market, Tesla must make many strategic decisions such as whether to introduce a new car model, ho

bagirrra123 [75]

Answer:

Explained

Explanation:

At Tesla's Fremont, California plant, managers must decide on the monthly production quantities of their S and X models. In making this decision, the managers must face a trade-off, because producing more of one model means producing less of the other. So, there need to an optimum balance between production of model S and X and too will depend upon the demand in the market once, the variants are launched.

6 0

3 years ago

Need help with this problem asap!!

dybincka [34]

You can go to history.com

6 0

3 years ago

United Resources Company obtained a charter from the state in January of this year. The charter authorized 206,000 shares of com

amid [387]

Answer:

United Resources Company

Stockholders section of the balance sheet at the end of the year:

Common Stock:

Authorized 206,000 shares at $3 par value

Issued 88,000 shares $264,000

Additional Paid-in Capital

($968,000 -364,000 + 136,000) 740,000

Treasury Stock ($78,000 - 24,000) (54,000)

Total Equity $950,000

Explanation:

a) The authorized common stock is stated in the balance sheet as a memorandum record. It does not form part of the calculation of equity since all the shares have not been issued.

b) Issued common stock is valued at 88,000 * $3 = $264,000

c) The difference in the par value and the issue price is recorded in the Additional Paid-in Capital Account. It is also where the increases and decreases in Treasury stock above or below par values are recorded.

d) Treasury Stock is a common stock contra account which records the repurchase and resale of common stock. Two methods are used. One recognizes the whole cost of treasury stock in the Treasury Stock account. It is called the costing method. The other method, called the par-value method, recognizes the above and below par value in the Additional Paid-in Capital.

7 0

3 years ago