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VLD [36.1K]
3 years ago
11

In 2016, a grandfather gave a life estate to his grandson and a remainder interest to his granddaughter. Each interest is valued

at $13,000. The gift to the granddaughter is:
Business
1 answer:
ycow [4]3 years ago
7 0
The gift to the grandaughter is <span>Partially shielded by the annual gift tax exclusion.   In the year of 2016, the federal government created </span><span>the </span>estate<span> and gift </span>tax exemption<span> is $5.45 million per individual.
Which means that the inheritence that given to the granddaughter would be tax free as long as it does not surpass the net value of 5.45 million.</span>
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Vladimir [108]

Answer:

d. $19,200

Explanation:

Turner Company issued $300,000 of 6%, 5-year bonds at 98. Assuming straight-line amortization and annual interest payments, how much bond interest expense is recorded on the next interest date?.

=($300,000 x 6% plus $6,000/5)

Therefore the correct answer is d)$19,200

3 0
3 years ago
McBride’s Dairy has 200 gallons of heavy cream and 600 gallons of skimmed milk and has incurred $1,000 of joint costs at the spl
Katyanochek1 [597]

Answer:

Cream $560

Explanation:

Units Selling price Sales value Percentage of sales value Allocated cost

Cream200 15    3,000    3,000/5,400 = 56%                1,000 x 56% = $560

Skimmed

milk600 4 2,400 2,400/5,400 = 44% 1,000 x 44% = $440

Total                   $5,400 100% $1,000

Therefore the  amount  of joint cost allocated to cream  is  $560

3 0
3 years ago
Information systems in general are helpful because they are used for making informed decisions using more accurate reports. Howe
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Information systems have automated information management, making it quicker to process large amounts of information, but it can also create issues such as information security and IT competitiveness.

Information security is a problem arising from information systems that can configure fraudulent techniques to steal sensitive data from people and organizations and gain benefits, so it is essential to be prepared for the risks and support from specialized security companies.

The advancement of artificial intelligence can also correspond to a risk in the work environment, such as the competitiveness with IT of professionals who are not prepared to deal with digital innovations.

Therefore, it is necessary that organizations use IT to bring benefits in the speed of organizational processes, preparing themselves for risks and offering training and qualification to their employees to deal with digital systems.

Learn more here:

brainly.com/question/13299592

5 0
3 years ago
_____ 7. While North Americans want to decide the main points at a business meeting and leave the details for later, people in t
Afina-wow [57]

Answer:

"Mexico" is the appropriate answer.

Explanation:

  • Throughout the case of Mexican individuals, what and when to talk in the discussions or conferences is punctual.
  • Furthermore, you wouldn't overlook the little characteristics because doing so would generate misunderstanding or some complications. You mention as well as continue to talk all about that at the conference.
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3 years ago
an activity that a company performs poorly in comparison to its competitors is an example of a competitive deficiency, or quizle
torisob [31]

Answer:i would say weakness if its a choice

Explanation:

3 0
2 years ago
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