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3 years ago

What is TRUE about estate planning?

Business

1 answer:

Ulleksa [173]3 years ago

7 0

Answer:

B.) It helps insure your possessions are distributed appropriately.

Explanation:

All of the other answers are false.

Hope this helps! If you have any additional questions, please don't hesitate to ask me or your teacher to be sure you master the subject. Stay safe, and please mark brainliest! :)

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WILL GIVE BRAINLIEST!!

alina1380 [7]

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4 0

4 years ago

You purchased a stock at a price of $56.04. The stock paid a dividend of $2.31 per share and the stock price at the end of the y

sineoko [7]

The dividend yield for the given stocks is 4.12%.

What is dividend yield?

A financial ratio (dividend/price) called the dividend yield, which is stated as a percentage, demonstrates how much a firm pays in dividends annually in relation to the price of its stock.
The price/dividend ratio is the counterpart of the dividend yield.
The dividends from real estate investment trusts (REITs), master limited partnerships (MLPs), and business development corporations (BDCs) are taxed more heavily than the typical dividend.
The dividend yield of a stock may be rising as a result of a dropping stock price, therefore it's crucial for investors to remember that greater dividend yields do not always signal appealing investment prospects.

<u>Solution:</u>

We know that dividend yield = $\frac{Dividend per share}{Share price}$ × 100

dividend yield = $\frac{2.31}{56.04}$ × 100 = 4.12%

Know more about dividend yield numerical brainly.com/question/14254149

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4 0

2 years ago

On January 1, Hannibal Company sold $500,000, 5-year, 6% bonds for $465,000. Interest is to be paid annually on January 1. If th

7nadin3 [17]

Answer:

$37,000

Explanation:

Bonds issued at a discount:

When bonds are issued at a discount,

then interest expense/annual amortization amount = cash interest paid + amortization of discount

Bond Issued t a Premium

When bonds are issued at a premium,

then annual Amortization = interest expense- amortization of premium

Step One: Determine if the Bonds were issued at a Premium or at a Discount

$500,000, 5-year, 6% bonds, were sold for $465,000. The bonds were issued at a discount.

The formula to use will be as follows:

Annual Amortization= Interest expense + Amortized Discount

Step Two: Calculate the Interest and the amortized discount

Interest paid in cash = Face value ×the contractual interest rate

= $500,000 x 6% = $30,000 per year

Straight-line amortization per year = ($500,000 - $465,000)/5 = $7,000 per year

Therefore:

The annual amortization amount based on the formula since the bonds were issued at a discount

= $30,000 + 7,000 = $37,000

8 0

3 years ago

Name three types of insurance.

Blababa [14]

Property, liability, and life.

3 0

4 years ago

Jim drops his car off at ABC Garage to have his exhaust system repaired and takes the train to work. When he returns, he finds t

TEA [102]

Answer: Direct Excess Coverage

Explanation:

The coverage type under ABC's garagekeepers policy that would split the cost of the loss with Jim's own insurer without placing blame on ABC Garage is the direct excess coverage.

This coverage is identical to the direct primary coverage and it basically protects the vehicle of a client without taking into consideration the person that is responsible. The direct excess coverage will be paid in excess of the primary policy.

6 0

3 years ago