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777dan777 [17]
2 years ago
5

Mary has a few specific items she would like to leave to her sister, Ann. She would like to leave the balance of her estate to h

er brother, Tom. Which type of provision should be used in her will to provide for the disposition to Tom
Business
1 answer:
k0ka [10]2 years ago
4 0

Answer:

The residuary clause

Explanation: As Mary would like to leave the balance of her estate to her brother tom this will fall under the  residuary clause.

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Which of the following would help reduce the amount of frictional unemployment? Choose one or more: A. Websites that advertise j
Natali [406]

Answer:E. Websites that advertise job openings across the country

Explanation:

Frictional unemployment is a natural kind of unemployment when people are out of jobs temporally maybe because they left their unfulfilling jobs or their residential area has changed after they got married .

Some will leave their jobs because they are no longer happy and they have saved enough to survive whilst still searching for the jobs.

Some will leave because they have to take care of their loved ones until those relatives get better and they can return to the working industry.

These people can make use of the website to search for their next job.

3 0
3 years ago
Krol Corporation distributed marketable securities in redemption of its stock in a complete liquidation. On the date of distribu
Varvara68 [4.7K]

Answer:

The answer is 50.000 dollars

Explanation:

When a corporation completely liquidates, the corporation wil recognize a gain or loss as if the property were sold at fair market value.

Amount realizes as if sold $150,000

Less: Adjusted basis $ 100,000.

Equals: $50,000, which is the recognized capital gain.

8 0
2 years ago
In a recent annual report, Apple Computer reported the following in one of its disclosure notes: "Warranty Expense: The Company
IrinaVladis [17]

Answer:

2) Matching

Explanation:

The matching principle refers to that principle at which the revenues that are recognized in the particular year should be matched with the expenses that are incurred in that particular year

According to the given scenario, it talks about the matching principle at which the expenses are to be reported when the related revenue is recognized

Therefore, it follows the matching principle.

6 0
3 years ago
Matt purchased a 20-year par value bond with an annual coupon rate of 8% compounded semiannually for a price of 1722.25. The cou
finlep [7]

Answer:

(b) 1440

Explanation:

As the coupon rate of 8% is greater than the yield to maturity (YTM) of 6% annually, the bond is selling at a premium. Hence, the bond will be called at the earliest i.e. 15 years.

Coupon = Call Price * Semi-annual coupon rate = X * [0.08 / 2] = X * 0.04

Yield to call = 6% annually = 3% semi-annually

Time = 15 years * 2 = 30

We know that,

Current Price of bond = Coupon * [1 - (1 + YTC)-call date] / YTC + Call Price / (1 + YTC)call date

  • 1,722.25 = [X * 0.04] * [1 - (1 + 0.03)-30] / 0.03 + [X / (1 + 0.03)30]

  • 1,722.25 = [X * 0.04] * 19.60 + [X * 0.41]

  • 1,722.25 = X * [(0.04 * 19.60) + 0.41]

  • 1,722.25 = X * 1.194

  • X = 1,722.25 / 1.194
  • X=$ 1,442.42 \approx $ 1,440

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3 years ago
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