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4 years ago

If you die without a valid will:

1 answer:

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if you die without a will, it means you have died “intestate.” When this happens, the intestacy laws of the state where you reside will determine how your property is distributed upon your death. This includes any bank accounts, securities, real estate, and other assets you own at the time of death.

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How can quality control affect production?

leva [86]

Answer: Quality Assurance with Quality Control

Quality assurance streamlines production and helps to ensure that the final products meet the company's quality criteria. It ensures that the processes used to design, test, and produce products will be done correctly.

Explanation:

Hope it helps

3 0

3 years ago

Assume you are in the 35 percent tax bracket and purchase a municipal bond with a yield of 5.50 percent. Use the formula present

Debora [2.8K]

Answer:

8.46%

Explanation:

Calculation for the the taxable equivalent yield for this investment

Using this formula

Taxable equivalent yield

=Tax-exempt yield / (1 − Your tax rate)

Let plug in the formula

Taxable equivalent yield=0.055 / (1 - 0.35)

Taxable equivalent yield=0.055/0.65

Taxable equivalent yield=0.0846*100

Taxable equivalent yield= 8.46%

Therefore the taxable equivalent yield for this investment is 8.46%

4 0

3 years ago

One of the indirect costs of bankruptcy is the incentive toward underinvestment. underinvestment generally would result in?

zysi [14]

By choosing high-risk ventures, stockholders steal wealth from bondholders. The incentive for underinvestment is one of bankruptcy's indirect costs.

Underinvestment would typically lead to - The company rejecting profitable proposals that would unquestionably be approved if the company were fully funded by equity.

How does a company's capital structure get impacted by bankruptcy costs?

The likelihood of bankruptcy may rise as a result of higher capital expenses and increased risk.
The company's WACC rises over the ideal level when additional debt is added to its capital structure, raising the cost of bankruptcy even more.

Learn more about bankruptcy

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3 0

2 years ago

Freemore Corp. projected sales for the last 6 months of next year: July $206,000 October $181,000 August 168,000 November 203,00

Rzqust [24]

Answer:

$188,170

Explanation:

Cash collection in a month includes the collection of current and prior years's of credit sales.

Cash Collection for September is $188,170.

It includes 7% collection of July sales, It includes 35% collection of August sales and It includes 55% collection of September sales.

Schedule for Cash Collection is attached with this answer please find it.

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7 0

4 years ago

At the end of the current year, $22,650 of fees have been earned but have not been billed to clients. Required: A. Journalize th

const2013 [10]

Answer:

A. Adjusting Journal Entries:

Dec. 31, 2019:

Debit Accounts Receivable $22,650

Credit Service Fee Revenue $22,650

To record fees earned, but not yet billed to clients.

B. No. If the cash basis rather than the accrual basis had been used, an adjusting entry would not have been necessary.

Explanation:

Adjusting entries are only required to align the cash-basis accounting records to the accrual basis. Adjustments are made for prepayments of expenses, unpaid expenses, deferred revenue, unearned earned and earned revenue, and depreciation charges. For an entity operating on a cash basis, adjusting entries are not required.

Adjusting entries ensure that accounting records comply with the accrual concept and matching principle of generally accepted account practises. The requirement under this concept with the matching principle is to accrue and match expenses and revenue to the related revenue and expenses and period.

7 0

4 years ago