subject
Business, 09.10.2019 01:30 puppylove899

Asimple trust had $25,000 in capital gains, $10,000 in municipal interest, $5,000 in corporate bond interest, and $2,000 in accounting and trustee fees. according to the trust agreement, capital gains are to be distributed to the beneficiary. what is the distributable net income for this trust?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:30
What are the main advantages and disadvantages of organizing a firm as a c corporation? the advantages are: (select all the choices that apply.) a. there is no limit on the number of owners a c corporation may have, thus allowing the corporation to raise substantial amounts of capital. b. the life of the business can continue beyond the death of any of the owners. c. the corporation can use the assets of the owners to pay for corporate liabilities. this attracts smaller investors to the corporation. d. the liability of the owners is limited to the amount of their investment in the firm. the disadvantages are: (select all the choices that apply.) a. income to a c corporation is subject to double taxation, once at the corporate level and again when received by the owners in the form of a dividend. b. the life of the business usually ends with the death of any of the owners. c. the c corporation is more complicated and more expensive to set up than other business entities. d. corporate liabilities can be passed on to the share
Answers: 1
question
Business, 22.06.2019 14:40
Which of the following would classify as a general education requirement
Answers: 1
question
Business, 22.06.2019 16:30
Why are there so many types of diversion programs for juveniles
Answers: 2
question
Business, 22.06.2019 16:40
Match the situations that will develop one's personality and those that won't peter is surrounded by friends who are always encouraging him jonathan always watches television when he wants to take a break from his books libby sets small targets for herself and strives to achieve them. the smiths indulge in an animated discussion on varied topics every evening after dinner. brook loves junk food and exercises once in a while. develops your personality develops doesn't develop your personality
Answers: 2
You know the right answer?
Asimple trust had $25,000 in capital gains, $10,000 in municipal interest, $5,000 in corporate bond...
Questions
Questions on the website: 13722366