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3 years ago

7

When Carson dies, he wants to provide income for his spouse that is not taxed at the time of his death. What can Carson create t

hat is MOST likely to make this happen?
1.) a living will
2.) a power of attorney
3.) a trust
4.) a simple will

1 answer:

defon3 years ago

5 0

3- carson is most likely to make a trust

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You just won $70,000 on a scratch-off lottery ticket. You plan to save the money in a retirement account expected to return 8% p

Nina [5.8K]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

You just won $70,000 on a scratch-off lottery ticket. You plan to save the money in a retirement account expected to return 8% per year.

The number of years is 45.

We need to use the following formula for future value:

FV= PV*(1+i)^n

FV= 70,000*(1.08)^45= $2,234,431.46

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3 years ago

Cuso Company purchased equipment on January 1, 2016, at a total invoice cost of $400,000. The equipment has an estimated salvage

grigory [225]

Answer:

D. $156,000

Explanation:

Cost = $400,000

Residual value = $10,000

Useful life = 5 years

Now,

Annual straight line depreciation = $\frac{Cost-Residual Value}{Useful life}$

Annual straight line depreciation = $\frac{400,000 - 10,000}{5}$

Annual straight line depreciation = $\frac{390,000}{10}$

Annual straight line depreciation = $78,000

Annual depreciation expense is transferred to the accumulated depreciation. Thus, accumulated depreciation is sum of depreciation expense charged over the useful life of the asset.

Depreciation table has been constructed to compute the accumulated depreciation on 31st December 2017.

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3 years ago

Asar1:sajan commerce business with cash rs150000and furniture rs5000

-BARSIC- [3]

Answer: i think its B

Explanation:

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3 years ago

10. What happens during a bank run?

joja [24]

The thing which happens during a bank run is:

Customers attempt to withdraw more money than the bank has on hand.

<h3>What is a Bank Run?</h3>

This refers to the mass withdrawal of funds by a large number of customers where the banks are unable to pay everyone because they do not have the capacity to make such large withdrawals.

With this in mind, we can see that during a bank run, the main thing which pushes people is the fear of insolvency so that they would not lose their money.

Read more about bank run here:

brainly.com/question/10550250

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2 years ago

A firm pays Pam $40 per hour to assemble personal computers. Each day, Pam can assemble 4 computers if she works 1 hour, 7 compu

igor_vitrenko [27]

Answer:

4 hours

Explanation:

The profit margin, in dollars, from selling each computer, excluding Pam's pay, is $50.

Since Pam's rate is $40 per hour, for each of the four scenarios presented, the company's net benefit is:

$B_{1h}=\$50*4 - \$40*1 = \$160\\B_{2h}=\$50*7 - \$40*2 = \$270\\B_{3h}=\$50*9 - \$40*3 = \$330\\B_{4h}=\$50*10 - \$40*4 = \$340$

Therefore, in order to maximize its net benefit from her employment, the company should employ Pam for fours hours a day.

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3 years ago