3 years ago

What is a trust established while the owner of the trust is still alive

1 answer:

5 0

Answer:

A trust created while a person is still alive is called a Living Trust. The Living Trust is created when one person, a Grantor, places property into the trust.

Explanation:

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Tile & Grout (T&G) contracts to resurface the insides of the pools at Water World Park. T&G knows that without the r

stepan [7]

Answer: C. The loss of profit from delayed opening.

Explanation: Tile and Grout failed to execute the job they were contracted and caused water world to delay opening. In business Tile and Grout company will be held liable for failure to execute contract.

Water world can recover the loss of profit from delayed opening due to the failure in the part of Tile and Grout company.

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3 years ago

All OSHA-covered organizations are required to have _____.

Marta_Voda [28]

Answer:

a safety manual

Explanation:

OSHA = Occupational Safety and Health Administration

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3 years ago

"Eastern Corporation has $21,000,000 in equipment that has a 15 year class life. The equipment is 8 years old. Eastern is sellin

Alex787 [66]

Answer:

terminal cash flow $932,000

Explanation:

21,000,000/15 = 1,400,000

1,400,000 x 8 = 11,200,000

Net Book Value: 21,000,000 - 11,200,000 = 9,800,000

Sale 10,000,000

Gain 200,000

We must pay taxes for the gain:

200,000 x .34 = 68,000

terminal cash flow: proceeds - taxes = 10,000,000 - 68,000 = 932,000

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3 years ago

Which of the following is an advantage of exporting as a mode of entry into foreign markets?a) A firm can earn returns from proc

Alexandra [31]

The answer is a a firm can earn returns

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3 years ago

B MC Qu. 7-200 Krepps Corporation produces ... Krepps Corporation produces a single product. Last year, Krepps manufactured 29,0

Gwar [14]

Answer:

a) $158.41

Explanation:

Unit product cost under absorption costing = Direct materials + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead / Total manufactured units

= (214,674 + 121,842 + 243,684 + 319,110) /29,010

= $899,310 / 29,010 unit

= $31 per unit

Ending inventory = $29,010 - $23,900 / $31

= $5110 * 31 per unit

= $158,410

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3 years ago