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Valentin [98]
3 years ago
7

A will is the final declaration of how a person desires to have her or his property disposed of after death and must follow exac

tly the requirements of state law to be effective.True /false
Business
1 answer:
Aleksandr-060686 [28]3 years ago
8 0

Answer:

The above statement is<u> true</u>.

Explanation:

As said in above statement , A will is the final declaration of how  person desires to have her or his property disposed of after death and must follow exactly the requirements of state law to be effective. A will is good , as it express your feelings , that to whom you want to give your property after your death . It is always provided to that person you choose.

It protect your children from become homeless after your death. It also protect your property from being contested. A will is only valid if it is having number of years after the persons death.

A will should not include future plans, gifts and request , life insurance etc.  

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Performance Bike Co. is a wholesaler of motorcycle supplies. An aging of the company's accounts receivable on December 31 and a
maw [93]

Answer:

$36,648

Explanation:

age                                      balance     % uncollectible           total

Not past due                   $890,000               3/4%                 $ 6,675

1-30 days past due           $97,900                   2%                   $ 1,958

31-60 days past due         $44,500                   6%                  $2,670

61-90 days past due         $32,000                 16%                  $ 5,120

91-180 days past due         $23,100                40%                 $ 9,240

<u>Over 180 days past due    $16,900                65%                $10,985  </u>

Total                                  $1,104,400                                    $36,648

journal entry should be:

December 31, 202x, bad debt expense

Dr Bad debt expense 36,648

    Cr Allowance for doubtful accounts 36,648

8 0
3 years ago
Question 9 of 10<br> 2 Points<br> A personal skill is ____
ss7ja [257]

Answer:

A personal skill is something that you have learned or aquired over your time of working or something you're specifically good at.

Explanation:

Hope this helps :))

3 0
2 years ago
Identify a mechanism that allows employees to report wrongdoing and to create further mechanisms for follow-up and enforcement.
adelina 88 [10]

Answer:

Ethics Hotlines

Explanation:

There are various ways in which employees can report bad behaviour at workplace, Ethics hotline is one such mechanism. It is used by most of the countries in US. It is a phone line that an employee can uses to report bad behaviour. The employees identity is kept secret to prevent retribution from angry peers. Inappropriate behaviour, sexual harassment and financial abused can be reported via ethics hotline.

4 0
3 years ago
Sweet Treats common stock is currently priced at $17.15 a share. The company just paid $1.22 per share as its annual dividend. T
nalin [4]

Answer:

9.68 percent

Explanation:

Calculation to determine the firm's cost of equity

Using this formula

Cost of equity=[(Annual dividend×Increase in dividends×/Current price of common stock]+Dividends

Let plug in the formula

Cost of equity=[($1.22 × 1.024)/$17.15] + 0.024

Cost of equity=($1.24928/$17.15)+0.024

Cost of equity=0.0728+0.024

Cost of equity=0.0968*100

Cost of equity=9.68 percent

Therefore the firm's cost of equity is 9.68 percent

8 0
2 years ago
Charlie’s utility function is ????(x????,x????) = x????x????. The price of apples used to be $1, the price of bananas used to be
Reptile [31]

Answer:

The other options are ; (a) 4 apples (b) 13 apples (c) 11 apples (d) None of the above

Explanation:

The detailed analysis and step by step calculation is as shown in the attached files.

The correct option is NONE OF THE ABOVE

3 0
3 years ago
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