On January 2, 1990, Hank Brady establishes the Judge Hank Brady Irrevocable Dynasty Trust with Tenleytown Trust Company as trustee. On January 10, 1990, Hank transfers 100 shares of Brady, Inc. stock to the trust worth $1 million. Hank Brady does not allocate any GST exemption to the trust either during the transfer or at any point after, and, therefore, the trust has an inclusion ratio of 1. The trustee has the discretion to distribute principal to the grantor's son, Mike, and Mike's sons, Greg, Peter and Bobby to provide for their welfare. Upon Mike's death, the remainder is distributed in equal shares to Mike's sons. On January 10, 2020, Mike dies. On January 10, 2020, the fair market value of the trust is $10 million. How much GST tax does the trust or its beneficiaries owe in 2020 and why? Who is responsible for paying the tax?
In: Accounting
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Assume that today is December 31, 2019, and that the following information applies to Abner Airlines: After-tax operating income [EBIT(1 - T)] for 2020 is expected to
be $700 million. Using the corporate valuation model approach, what should be the company's stock price today? Do not round intermediate calculations. Round your answer to the nearest cent. $ |
In: Finance
A well mixed 10m3 closed mixing tank at 18C is used to dilute 100kg/min of a 2.0% by mass NaClO3 solution to a 0.60% solution by adding water.
Part 1) What is the mass flowrate of water into the tank needed at steady-state to accomplish this dilution?
Part 2) You notice that some gas bubbles appear in the effluent, and after some additional literature reading, hypothesize that NaCl3 is decomposing to NaCl and O2 inside the tank because of impurities in its walls. You do not have an oxygen detector handy and so decide to build a 0.5m3 chamber above the tank to collect all the gas generated. Initially the pressure (absolute) in this collection chamber is 760mmHg. After five minutes you measure the pressure to be 1320mmHg.
a) if your hypothesis is correct, what is the mass rate of oxygen generation?
b) assuming that the NaCl3 solution flowing in and the NaCl3/NaCl solution flowing out each have a density of 1.0g/mL (which will be within 1% of truth), what is the concentration (g/L) of NaCl in the effluent?
c) if a portion of water from the effluent were evaporated without any additional decomposition occuring, what would be the purity of the NaClO3?
d) after more literature reading, you believe that the rate of NaClO3 decomposition is directly proportional to the molar concentration of NaClO3 in the tank and the tank volume, Based on this hypothesis, determine the value of the proportionality constant, thereby obtaining a general expression for the rate of NaClO3 decomposition.
Part 3) The dilution water has been flowing and the NaClO3 decomposing at steady state rate. suddenly, the valve controlling the flow of dilution water malfunctions and closes, halting its flow. assuming the densities of all the solutions are approximately the same, how much time passes before the concentration of NaClO3 in the effluent exceeds 1%?
In: Chemistry
A. Why does monetary policy have a greater effect on
aggregate demand in an open economy than in a closed
economy?
B. Why does fiscal policy have a smaller effect on aggregate demand in an open economy than in a closed economy?
In: Economics
Some DRM systems have been implemented on open systems and some have been implemented in closed systems.
a. What is the primary advantage of implementing DRM on a closed system?
b. What is the primary advantage to implementing DRM on an open platform?
In: Computer Science
A set X is said to be closed under multiplication if for every x1,x2 ∈ X we have x1x2 ∈ X. Let A be the union of all bounded subsets X ⊆ R that are closed under multiplication. Does inf(A) exist? If it does, find it.
In: Advanced Math
A medical researcher believes that a drug changes the body's temperature. Seven test subjects are randomly selected and the body temperature of each is measured. The subjects are then given the drug, and after 30 minutes, the body temperature of each is measured again. The results are listed in the table below. Is there enough evidence to conclude that the drug changes the body's temperature?
Let d=(body temperature after taking drug)−(body temperature before taking drug)d=(body temperature after taking drug)−(body temperature before taking drug). Use a significance level of α=0.1 for the test. Assume that the body temperatures are normally distributed for the population of people both before and after taking the drug.
| Subject | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Temperature (before) | 99.1 | 99.9 | 98 | 100.1 | 100.6 | 100.5 | 100.2 |
| Temperature (after) | 98.6 | 99.4 | 98.7 | 99.4 | 99.9 | 99.8 | 99.3 |
Step 3: Compute the value of the test statistic. Round your answer to three decimal places.
Step 4: Determine the decision rule for rejecting the null hypothesis H0H0. Round the numerical portion of your answer to three decimal places.
Step 5: Make the decision for the hypothesis test. (Reject or Fail to Reject the Null Hypothesis)
In: Statistics and Probability
A pharmaceutical company claims that its new drug reduces systolic blood pressure. The systolic blood pressure (in millimeters of mercury) for nine patients before taking the new drug and 22 hours after taking the drug are shown in the table below. Using this data, find the 99%99% confidence interval for the true difference in blood pressure for each patient after taking the new drug. Assume that the blood pressures are normally distributed for the population of patients both before and after taking the new drug.
| Patient | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |
|---|---|---|---|---|---|---|---|---|---|
| Blood pressure (before) | 199199 | 166166 | 183183 | 197197 | 200200 | 192192 | 190190 | 179179 | 200200 |
| Blood pressure (after) | 183183 | 151151 | 172172 | 174174 | 185185 | 170170 | 180180 | 173173 | 185185 |
Copy Data
Step 1 of 4 :
Find the point estimate for the population mean of the paired differences. Let x1x1 be the blood pressure before taking the new drug and x2x2 be the blood pressure after taking the new drug and use the formula d=x2−x1d=x2−x1 to calculate the paired differences. Round your answer to one decimal place.
Step 2: Find the SD
Step 3: Find the Margin Error
Step 4: find the interval confidence
In: Statistics and Probability
A 24-mH inductor, an 8.1-Ω resistor, and a 5.9-V battery are connected in series as in the figure below. The switch is closed at t = 0. A circuit contains a battery, a switch, an inductor, and a resistor. The circuit starts at the positive terminal of the battery labeled emf ℰ, goes through the switch labeled S, goes through the inductor labeled L, goes through the resistor labeled R and ends at the negative terminal of the battery.
(a) Find the voltage drop across the resistor at t = 0. V
(b) Find the voltage drop across the resistor after one time constant has passed. V
(c) Find the voltage drop across the inductor at t = 0. V
(d) Find the voltage drop across the inductor after one time constant has elapsed. V
In: Physics
Question 3: Floating Rate Mortgage
John is planning to buy a house worth $450,000, has $100,000 in savings that he will use as adown-payment and will borrow the remainder via a mortgage. He selects a floating rate, closed mortgage with a 3 year term and 25 year amortization period. He will make monthly payments and be charged an interest rate of 3.35% p.a., compounded semi-annually.
Part A: How much will John owe after 1 year has passed if interest rates do not change?
Part B: How much will John owe at the end of his term if, after 1 year, interest rates rise to 3.65%p.a., semi-annual compounding? What fraction of his payments went to principal and what fraction went to interest?
In: Finance