Answer:
She pays the inheritance tax , while the estate is responsible for the estate tax.
Explanation:
Inheritance tax is a form of tax that every beneficiary of an inherited estate must pay. Regardless of the situation and location of the inherited property , inheritance tax is calculated individually for different beneficiary.
The estate in which a particular property is located is responsible for the estate tax. This is calculated based on the value of the property and paid by the estate management for all properties within the estate before rents are remitted to the landlords.
Answer:
Increase of $95,000
Explanation:
Stockholder equity: It records the issue of shares, retained earnings, and deduct the dividend amount if declared.
The expenses which are related to the business is directly or indirectly affect the stockholder equity.
So, the net effect is shown below:
Issuance of common stock = $200,000
Less - Payment of salaries expense = $105,000
So, the net effect would be equal to
= $200,000 - $105,000
= $95,000
The accounts payable does not affect stockholder equity. So, it would not be considered.
This $95,000 would increase stockholder equity.
Answer:
The required cycle time for this assembly line is 2 minutes. The rigtht answer is c.
Explanation:
Acording to the data, we have the following:
Daily operating time= factory operates 1000 minutes per day
Scheduled output=make 500 El-More dolls per day
Therefore, to calculate the required cycle time for this assembly line we have to use the following formula:
Cycle time = daily operating time divided by the scheduled output
= 1000 / 500 = 2 minutes
The required cycle time for this assembly line is 2 minutes.
