What the arianna estate assets total

Assignment Help Financial Accounting
Reference no: EM132999682

Question - Arianna is 32 and lives in Brisbane, QLD. She is wanting to get her will sorted and comes to you for help. She advises you she has the following assets:

-Savings of $10,000 in her bank account

-A car worth $15,000 in her name

-A rental property which has a net market value of $150,000 that she owns jointly with her sister, and

-Superannuation of $60,000 (binding death benefit nomination to her daughter, Suzy) Based on the above assets, what the Arianna's estate assets total?

A. $175,000

B. $150,000

C. $85,000

D. $25,000

E. $10,000

Reference no: EM132999682

Questions Cloud

What is the standard deviation of return : Question: What is the standard deviation of return on this portfolio and what is the covariance of the stock return with the return of the portfolio?
How would effectively implement the channels : Do you believe that the communication process utilized by the chief of police was an effective way of communicating this information to the officers?
What will be the beta of the new merged firm : If Simpson is going to make up 67% of the new firm (and Lachey will comprise the remaining 33%), what will be the beta of the new merged firm
What evidence would collect at the crime scene : What evidence and/or samples would you collect at the crime scene? How would the examination of this evidence assist in the investigation of the crime?
What the arianna estate assets total : Superannuation of $60,000 (binding death benefit nomination to her daughter, Suzy) Based on the above assets, what the Arianna's estate assets total
What are the implications of social media : What are the implications (strengths and weaknesses) of social media? Could the use of social media create potential policy violations?
What would be sunniaga estimated cost of equity : What would be Sunniaga's estimated cost of equity if it changed its capital structure to 50% debt and 50% equity
Determine the pertinent economic factors : Choose two individual rights that the United States grants criminal suspects, such as search and seizure, right to counsel, et cetera
How many shares does the firm have outstanding : The latest balance sheet of the firm reports assets worth $12 million. If the share price is $3.00, how many shares does the firm have outstanding

Reviews

Write a Review

Financial Accounting Questions & Answers

  Find how long in years will it take for wallace to pay off

Find How long in years (round to two decimal places), will it take for Wallace to pay off his mortgage? Wallace takes out a mortgage on his house for $226138.

  Record each of these transactions

Nautical has the following beginning balances in its stockholders' equity accounts on January 1, 2021: Record each of these transactions

  What was the oregon trail

What was the Oregon Trail? How was it created? And what forces drove Americans to seek a better life out West? Discus the Mexican-American War.

  Evaluate the benefit from accelerated depreciation

The appropriate cost of capital to evaluate the benefit from accelerated depreciation is the? risk-free rate; assume this rate is 7% for all maturities

  Solve weighted average cost of capital for puppet corp

Calculate weighted average cost of capital for Puppet corporation. Assume the funds are internally generated. Dividend, common(just paid) - $1.30

  Evaluate organizational culture of accounting profession

After you have researched the ethical decision making models, the cognitive process, Evaluate Organizational culture of the accounting profession

  Show the partnership and fundamentals of accounts

Multiple choice questions on partnership and fundamentals of accounts - extraordinary item on the income statement?

  Contrast the cost method and the par value method

Accounting for Treasury Stocks For numerous reasons, a corporation may reacquire shares of its own capital stock. When a company purchases treasury stock, it has two options as to how to account for the shares: the cost method and the par value metho..

  Determine bond-equivalent and annual effective annual yield

Assuming a semi-annual interest payment, determine both the bond-equivalent and annual effective annual yield of a bond whose current price is $972

  What are the basic earnings per share and diluted earnings

The Grouper Corporation issued 10-year, $5,270,000 par, What are the Basic earnings per share and Diluted earnings per share .

  Period''s earning of prior unearned revenue

1.For each of the following entries, enter the letter of the explanation that most closely describes it in the space beside each entry. (You can use letters more than once.)

  Compute the Rogue operating profit margin

Interest Expense = $30,000; Marketing Expenses = $80,000; and Taxes = $300,000; Compute the Rogue's operating profit margin

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd