Business, 30.07.2020 01:01, runninglovexoxo
Natalie's estate includes the following assets:
Fair Market Value
Date of Death Six Months Later
Office building $14,200,000 $13,000,000
Stock in ABC Corporation 635,000 633,000
In order to pay expenses, the executor of the estate sells the ABC stock for $630,000 five months after his death.
a. If the § 2032 election is made, Natalie's gross estate includes $
The value of the property on the date of its transfer generally determines the amount that is subject to the gift tax or the estate tax. Under certain conditions, however, an executor can elect to value estate assets on the alternate valuation date. The election is made by the executor of the estate and is irrevocable.
b. Assume the Green stock is sold for $650,000 seven months (rather than five months) after Natalie's death. If the § 2032 election is made, Natalie's gross estate includes $ 6440000
c. If the § 2032 election is not made, the gross estate includes $ 6560000
Answers: 1
Business, 21.06.2019 18:00, chrismed2001
Emily bought 200 shares of abc co. stock for $29.00 per share on 60% margin. assume she holds the stock for one year and that her interest costs will be $80 over the holding period. ignoring commissions, what is her percentage return (loss) on invested capital if the stock price went down 10%?
Answers: 2
Business, 22.06.2019 02:30, simplydimps22owbohb
Atax on the sellers of coffee will a. increase the price of coffee paid by buyers, increase the effective price of coffee received by sellers, and increase the equilibrium quantity of coffee. b. increase the price of coffee paid by buyers, increase the e ffective price of coffee received by sellers, and decrease the equilibrium quantity of coffee. c. increase the price of coffee paid by buyers, decrease the effective price of coffee received by sellers, and increase the equilibrium quantity of coffee. d. increa se the price of coffee paid by buyers, decrease the effective price of coffee received by sellers, and decrease the equilibrium quantity of coffee.
Answers: 3
Business, 22.06.2019 06:40, lexhorton2002
Burke enterprises is considering a machine costing $30 billion that will result in initial after-tax cash savings of $3.7 billion at the end of the first year, and these savings will grow at a rate of 2 percent per year for 11 years. after 11 years, the company can sell the parts for $5 billion. burke has a target debt/equity ratio of 1.2, a beta of 1.79. you estimate that the return on the market is 7.5% and t-bills are currently yielding 2.5%. burke has two issuances of bonds outstanding. the first has 200,000 bonds trading at 98% of par, with coupons of 5%, face of $1000, and maturity of 5 years. the second has 500,000 bonds trading at par, with coupons of 7.5%, face of $1000, and maturity of 12 years. kate, the ceo, usually applies an adjustment factor to the discount rate of +2 for such highly innovative projects. should the company take on the project?
Answers: 1
Natalie's estate includes the following assets:
Fair Market Value
Date of Death Six Months L...
Date of Death Six Months L...
History, 18.02.2021 22:30
Computers and Technology, 18.02.2021 22:30
Advanced Placement (AP), 18.02.2021 22:30
Mathematics, 18.02.2021 22:30
Mathematics, 18.02.2021 22:30