It is important to name an executor B. To provide that beneficiaries acquire whatever they want from the estate.
<h3>Who is an executor?</h3>
An executor exists as someone who stands responsible for executing or following an assigned task or duty. The feminine form, executrix, may sometimes be utilized.
An executor typically presents the will for probate, brings the action to rescue the assets of the estate, creates distributions of effects to beneficiaries, and produces the debts and taxes of the estate.
An executor handles your estate when it's in probate (aka the procedure of being distributed and carried out). Particularly, they begin and observe through the probate approach. They also manage your assets, pay your obligations, and allocate property to your heirs as summarized in your will
Hence, It is important to name an executor B. To provide that beneficiaries acquire whatever they want from the estate.
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Answer:
the bad debt expense that reported in the income statement is $2,300
Explanation:
The computation of the bad debt expense that reported in the income statement is as follows;
= Total estimated uncollectible accounts - unused balance
= $3,200 - $900
= $2,300
Hence, the bad debt expense that reported in the income statement is $2,300
Answer:
a. repositioned product
Explanation:
A company well-known for its easy-to-cook breakfast cereals was facing stiff competition from the many players in the market. The company changed its campaign to focus on dietary needs rather than just convenience, thus targeting a segment of consumers looking for healthy diet. This is an example of a repositioned product
Product Repositioning refers to a major change in target market's understanding of the product or the brand.
Repositioning a product, means the firm has to change customers view of the product to reflect new benefits.
Usually businesses reposition a product due to declining performance as a result of stiff competition or due to major shifts in the environment.
Answer:
For the first 2 we calculate the future value:
(A)856
(B)1,122.04
(C) and (D) thre present value will be 800
Explanation:
856
1,122.041358
The resource of production called <em>natural resources </em>includes mineral deposits underground. Only the things that man hasn't made himself, but which are given by nature, can be considered natural resources.
