Answer:
The correct answer is A package trust deed.
Explanation:
A trust or trust (from the Latin fideicommissum, in turn from fides, "faith", and commissus, "commission") is a contract under which one or more persons (trustor / trustee / s) transfer assets, amounts of money or rights, present or future, of your property to another person (fiduciary, who may be a natural or legal person) to administer or invest the property for their own benefit or for the benefit of a third party, called beneficiary, and transmit your property, upon compliance with a term or condition, to the trustee, which may be the trustee, the beneficiary or another person.
At the time of the creation of the trust, neither party owns the property object of the trust. The trust is, therefore, a contract whereby a person allocates certain assets for a specific lawful purpose, entrusting the realization of that purpose to a fiduciary institution in all companies.
The assets affected by the trust do not run the commercial risk of the trustee (the one who transfers ownership of the assets) or the trustee (the owner of the trust assets after the expiration of the contract term), since the assets that are the object of the trust It cannot be prosecuted by the creditors of either of them, nor affected by the bankruptcy of both or any of them.
Answer:
The basic and diluted earnings per share for the year ended December 31, 2018 are $ 0.24 / Share and $8.89
/share respectively.
Explanation:
BASIC EPS CALCULATION
The preferred dividend = 30 million x $ 2/share
= 60 Million
Basic EPS = ( Net income - preferred dividends ) / weighted average common shares
= ($840 million - $ 60 Million ) / 100 million
= $ 0.24 / Share
DILUTED EPS CALCULATION
After-tax bond interest expense = $ 2.200 million x 10%
= $ 220 Million
$ 220 Million x (100 + 40%) = $ 308 Million after-tax interest expense.
Shares assume converted to common
Common Shares = 100 Million
Preferred stock = 40 Million
Convertible bonds = 17.0 Million
Total = 157 Million shares outstanding
Diluted EPS = ( $ 840 Million - $60 Million + $308 Million+ $ 66 Million ) / 157 million
= $8.89
/share
Therefore, The basic and diluted earnings per share for the year ended December 31, 2018 are $ 0.24 / Share and $8.89
/share respectively.
Answer:
a. $ 900 underapplied
Explanation:
Based on the data provided we conclude that the factory overhead is applied on the basis of direct labour hours.
Determination of Overhead rate
Estimated overhead $ 115,000
Direct labour hours 23,000 hours
Overhead rate per direct labor hour is $ 115,000/ 23,000 = $ 5 per direct labor hour
Amount of applied overhead = Direct Labor hours * Overhead rate per hour
Applied Overhead = $ 5 * 35,000 $ 175,000
Actual Overhead <u>$ 175,900</u>
Underapplied Overhead $( 900)
Answer:
The future vice president needs to have not just one ability, but many. He should be a team player and a liaison that can combine the researchers' work and the company's strategic goals. He must also be a person that can tolerate failure, and instead of reproaching unsuccessful efforts, must be able to motivate his staff to keep trying.
Answer:
I think maybe B?
Explanation:
I am not sure so I think its b