The trustee of the Wicks Trust has the discretion to distribute the income or corpus of the trust in any proportion between the two beneficiaries of the trust, Yvonne and Myra.

Under the trust instrument, Yvonne must receive $40,000 from the trust every year.

In the current year, the trust's accounting income is $150,000, and its DNI is $140,000.

In addition to the required $40,000, the trustee pays Yvonne $50,000 and Myra $50,000.

What amount income is recognized by the beneficiaries as the result of the distributions?

When borrowers want funding to pay for different projects, they go to the loanable funds market and acquire funds through either indirect finance or direct finance. below, you are given five different scenarios. is each an example of direct finance or indirect finance?

What’s the best type of healthcare plan

Suppose that a worker in agland can produce either 10 units of organic grain or 2 units of incense per year, and a worker in zenland can produce either 5 units of organic grain or 15 units of incense per year. there are 20 workers in agland and 10 workers in zenland. currently the two countries do not trade. agland produces and consumes 100 units of grain and 20 units of incense per year. zenland produces and consumes 50 units of grain and no incense per year. if each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by a. 30 units of grain and 100 units of incense. b. 30 units of grain and 150 units of incense. c. 50 units of grain and 90 units of incense. d. 50 units of grain and 130 units of ince