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Furkat [3]
3 years ago
10

"Harold and Maude are married and live in a common-law state. Neither has made any taxable gifts and Maude owns (holds title to)

all their property. She dies with a taxable estate of $25 million and leaves it all to Harold. He dies several years later, leaving the entire $25 million to their three children. (Refer to Exhibit 25-1 and Exhibit 25-2.)"
Business
1 answer:
jeyben [28]3 years ago
8 0

Answer:

$5528000

Explanation:

Solution

Given that:

Now,

The 2018 estate tax exemption 11180000$ above that the estate inherited are taxed at 40%.

So,

25000000-11180000 = taxable estate 13820000$

The estate tax due= 13820000*40%

= 5528000$

Note: This is reference from Exhibit 25-1 and Exhibit 25-2.

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<h3>What is business management and Business administration?</h3>

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5 0
2 years ago
When customers buy computers at Maalik's store, he offers a service package at a discounted rate. Additionally, he has an ongoin
salantis [7]

Answer:

Impacting his clientele base with increased profitability and to extend the duration of customer relationships.

Explanation:

Maalik is focused on improving customer relationship management, impacting the profitability of existing customers and extending the duration of customer relationships by offering a service package at a discounted rate and a promotion that allows customers to trade in their old computers for new ones at much lower prices than his competitors can offer.

6 0
3 years ago
A strategy is: Multiple Choice an action plan to maximize rewards in the current period in return for big risks. a procedure for
Strike441 [17]

Answer:

An action plan to achieve specific long term goals and objectives. based on the plans formed later resources are allocated. But initially long term goals and objectives are to be framed which is the main objective of strategic planning.

8 0
3 years ago
Use the following items to determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows
Alexxandr [17]

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Explanation:

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3 years ago
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Answer:

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Explanation:

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