1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Degger [83]
3 years ago
14

Bonita is considering establishing a trust for her mother that will pay out $1,000 each month. The trust department at a local b

ank will act as trustee. Bonita will retain the right to revoke the trust and be the remainder beneficiary of the trust. If the trust earns $15,000 for the year, who must pay income tax on earnings?
Business
1 answer:
monitta3 years ago
7 0

Answer:

The Dependent or the Beneficiary collect $1000 every month pay income tax

Explanation:

Bonita is the policyholder that pay premium .

The mother is the dependent and the beneficiary ,who takes the trust monthly

The bank is the trustee that  disburse the trust fund to the beneficiary month .

You might be interested in
Under The Factoring Arrangement, The Factor  <br><br>​
svetlana [45]

Answer:

Hope this may help you

4 0
3 years ago
How to write a letter to your brother in abroad telling him your plans after senior high school<br>​
drek231 [11]

Answer:

easy

Explanation:

1. address

2. greeting

3. reason for this letter

4. in 2 paragraph state what u want

5. conclusion

6. end greeting

7 0
3 years ago
Residual income is ____________.A. the difference between the net income the analyst expects the firm to generate and the requir
BARSIC [14]

Answer:

A. The difference between the net income the analyst expects the firm to generate and the required earnings of the firm.

Explanation:

Residual income measures an organisation's internal corporate performance by looking at the difference between the income geneated by the firm and the required minimum returns. It can be described as the excess of generated income over required earnings for the firm.

For personal Income, residual income represents the income an individual has left after deducting all personal expenses and all debts.

Based on the question, therefore, residual income will be the excess amount after a company's analysts' deduct the required earnings of the company from what the company generates.  

3 0
3 years ago
A manager is trying to decide whether to purchase a certain part or to have it produced internally. Internal production could us
Sergio [31]

Answer:

For both 10,000 units and 20,000 units, the best alternative is Vendor B

Explanation:

Using the information provided in the question, we can write the following:

Annual Volume of 10,000 units

Internal Alternative 1

Variable costs = 170,000 (we multiply the variable cost per unit by total units)

Fixed costs = 20,000

Total costs = 370,000

Internal Alternative 2

Variable costs = 140,000

Fixed costs = 240,000

Total costs = 380,000

Vendor A

Total cost = 200,000 (we simply multiply the price by the quantity)

Vendor B

Total cost = 180,000

Vendor C

Total cost = 190,000

The cheapest option is Vendor B

Now for the 20,000 units:

Internal Alternative 1

Variable costs = 340,000

Fixed costs = 200,000

Total costs = 540,000

Internal Alternative 2

Variable costs = 280,000

Fixed costs = 240,000

Total costs = 520,000

Vendor A

Total cost = 400,000

Vendor B

Total cost = 360,000

Vendor C

Total cost = 380,000

Therefore, Vendor B is once again, the cheapest alternative.

5 0
3 years ago
4) Double-declining-balance depreciation: A) is an accelerated depreciation method. B) ignores the residual value in computing d
Oxana [17]

Answer:

Option D is correct.

Explanation:

Every single offered proclamation are right is the response in light of the fact that under the Double-declining-balance depreciation since it has more devaluation costs when contrasted with different strategies for depreciation.It isn't taking the leftover worth while figuring the deterioration it considers at end year depreciation is determined by taking the distinction of a year ago equalization and rescue value.Under this strategy deterioration is determined on balance measure of depreciation or book value of assets.

4 0
3 years ago
Other questions:
  • A manufacturer of printed circuit boards is considering purchasing a new surface mount technology component placement system. Tw
    14·1 answer
  • Strategic Plan<br> 2016 - 2018<br> Boutique Build Australia
    5·1 answer
  • How did the shift to steam power lead to the growth of cities?
    10·1 answer
  • An article in the Wall Street Journal on the housing market states that​ "Steady job​ growth, rising wages and low interest rate
    11·1 answer
  • PandemicsPlus just paid a dividend of $1.00 per share and they consistently grown dividends at 4% annually. Investors require a
    11·1 answer
  • Which of the following businesses is NOT possible to be rivaled?
    12·1 answer
  • What is a skill ?
    6·2 answers
  • Suppose your roommate. Clara is starting à room cleaning business on your campus. There are five potential workers. Each is will
    5·1 answer
  • According to the price equation, the actual price is the list price less blank______, plus extra fees.
    6·1 answer
  • Known as ____________________________________________ these ethical standards emphasize preventing unlawful behavior by increasi
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!