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hjlf
3 years ago
6

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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The ________ holds that an individual should never do anything that is not honest, open, and truthful and that he or she would n
mars1129 [50]
The answer is definitely B i’m pretty sure
7 0
3 years ago
Relevant Cash Flows Kenny, Inc., is looking at setting up a new manufacturing plant in South Park. The company bought some land
Marta_Voda [28]

Answer: $38,410,000

Explanation:

When recording investments in fixed assets, it is best to use the market value at the time.

The market value of the land will therefore be the relevant cost here.

Initial investment in fixed assets = Market value of land + Cost to build plant + Cost of grading

= 7,700,000 + 29,300,000 + 1,410,000

= $38,410,000

8 0
3 years ago
Marker Corp. exchanged an old truck for a piece of equipment and cash on January 1st 2019. The truck was purchased at a cost of
LiRa [457]

Answer:

There is a 1,500 gain

Explanation:

we have commercial subtance so we can recognize gain/loss

these will be the numebrs of the transaction:

truck

purchase             24,000

acc depreciation 17, 000

book value            7, 000

equipment 8,000

cash               500

total            8,500

received - given up = gain/loss

8,500      -    7,000  = 1,500 gain

the journal entry would be

Equipment      8,000 debit

cash                    500 debit

acc dep truck 17,000 debit

           Truck              24,000 credit

          gain on disposal 1,500 credit

3 0
3 years ago
Arises when there are many firms each selling an identical​ product, many​ buyers, and no restrictions on the entry of new firms
tensa zangetsu [6.8K]
1.perfect competition
2.monopolistic competition
3.oligopoly
4.monopoly
8 0
3 years ago
Assume that you manage a risky portfolio with an expected rate of return of 15% and a standard deviation of 30%. The T-bill rate
bulgar [2K]

Answer:

The proportion of the investment is 100%.

Explanation:

This can be calculated using the following formula:

Rportfolio = (y * Rrisky) + ((1 - y) * Ttbill) ..................... (1)

Where;

Rportfolio = Overall portfolio expected rate of return = 15%. or 0.15

Rrisky = risky portfolio expected rate of return = 15%, or 0.15

Ttbill = T-bill rate = 10%, or 0.10

Substituting the values into equation (1) and solve for y, we have:

0.15 = (y * 0.15) + ((1 - y) * 0.10)

0.15 = 0.15y + 0.10(1 - y)

0.15 = 0.15y + 0.10 - 0.10y

0.15 - 0.10 = 0.15y - 0.10y

0.05 = 0.05y

y = 0.05 / 0.05

y = 1.00, or 100%

Therefore, the proportion of the investment is 100%.

6 0
2 years ago
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