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Dmitrij [34]
3 years ago
14

Sydney has inherited her grandmother's estate worth approximately $4.5 million. She is worried about paying taxes on the estate

and the inheritance. How will these taxes affect her new estate and inheritance?
Business
2 answers:
weeeeeb [17]3 years ago
4 0

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.

hram777 [196]3 years ago
3 0

Answer:

Depending on the state where she is and the laws of that state concerning taxing properties of deceased persons.

The federal government sometimes taxes the estates of deceased persons, California has eliminated inheritance taxes altogether.

Explanation:

Depending on the state where she is and the laws of that state concerning taxing properties of deceased persons.

The federal government sometimes taxes the estates of deceased persons, California has eliminated inheritance taxes altogether.

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Tropical Fruit Extracts expects its earnings before interest and taxes to be $218,000 a year forever. Currently, the firm has no
katen-ka-za [31]

Answer:

The unlevered value of the firm is $869325.15

Explanation:

For computing the value of unlevered firm, the following formula should be used which is shown below:

Value of levered firm = Earning before interest and taxes × (1 - tax rate) ÷ cost of equity

where,

Earnings before income and taxes are $218,000

Cost of equity is 16.3%

And, the tax rate is 35%

Now put these values on the above formula

So, the value would be equals to

= $218,000 × (1 - 0.35) ÷ 16.3%

= $141,700 ÷ 16.3%

= $869325.15

The other terms like bonds and the annual coupon should not be considered in the computation part because we have to calculate for unlevered firm which only includes equity and the bond is a debt security. Thus, it is irrelevant.

Hence,  the unlevered value of the firm is $869325.15

3 0
3 years ago
If a listing broker or designated listing agent receives an offer on a property they may not lawfully disclose the offeror's mem
mojhsa [17]

It is True that listing broker or designated listing agent receives an offer on a property they may not lawfully disclose the offeror's membership in a protected class to the seller without the express written consent of the offeror

<h3>Who is a Listing Broker?</h3>

A listing broker helps property owners with the listing, marketing, and sale of their property. Listing brokers can work with commercial property owners as well as residential property owners, such as primary residences or vacation homes. Listing agents assist sellers with a range of responsibilities, including:

  • Putting the house on the market
  • Hiring a photographer to shoot the house
  • Choosing a reasonable selling price for the property

To learn more about Listing Broker from the given link

brainly.com/question/28076625

#SPJ4

3 0
11 months ago
Which of the following could most likely have prevented the accounting scandals of the early 2000s and the global financial cris
sveta [45]

Answer:

C. Practicing effective corporate governance

Explanation:

Accounting scandals refer to the scandals of the business that occurs from the change in the financial statements that to be done in a deliberate manner also the disclosing information is misled. It involves an organization as a whole.

In order to prevent the accounting scandals and the global financial crisis it could practicing corporate governance in an effective manner

Hence, the correct option is C.

7 0
3 years ago
Formal tax definition<br>​
const2013 [10]

Answer:

Formal tax legislation is the process by which a proposed tax rule or tax change may become law in the United States. Formal tax legislation follows specific steps as defined by the U.S. Constitution.

Explanation:

4 0
2 years ago
Read 2 more answers
In network economics, the value of a commercial software vendor's software products:
Natali [406]

Answer:

increases as more people use them.

Explanation:

Network economics refers to a business that uses network effect. It is also called Netromix. The value of a good is increased as the number of buyers increases.

The business will benefit from feedback received by customers that use their products.

For example online services like LinkedIn and Twitter benefit from this type of framework. The more users that use these software th more the business gains.

7 0
3 years ago
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