Juancho died leaving a hologram will. In the last will, he identified his wife, all his 3 legitimate children, his brother, and father as his heirs to get certain portions of his distributable estate as follows: Wife 50% 3 children (to divide equally) 30% Brother 10% Father 10% Total 100% In the Philippines, a void last will and testament shall result to intestate succession. The total distributable estate of Juancho amounts to P24,000,000. How much should be the inheritance of the wife?

Juancho died leaving a hologram will. In the last will, he identified his wife, all his 3 legitimate children, his brother, and father as his heirs to get certain portions of his distributable estate as follows: Wife 50% 3 children (to divide equally) 30% Brother 10% Father 10% Total 100% In the Philippines, a void last will and testament shall result to intestate succession. The total distributable estate of Juancho amounts to P24,000,000. How much should be the inheritance of the wife?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Q7
L5
こS13つシ Obama Ltd has made an investment that is expected to generate a cash flow of $20,000 each year for the next five vears. If Obama uses a discount rate of 5% on this investment, the present value of this investment for Obama is (to the nearest dollar): PVF(I+レ) Cito.osj5 ーム $86,590 b. $101,766 $101,154 00 C. d. $101,0 %3D
EOY 1 3 4 Cash $8,000 $15,000 $22,000| $29,000 $36,000 Flow What is the uniform annual equivalent if the interest rate is [ Select ] 12% per year? What is the future equivalent if the interest rate is 12% per [ Select ] year? What is the present equivalent if the interest rate is 12% per year? [ Select ]
QUESTION 17 Given the folowing spot quotes: EURGBP 0.6850 GBPUSD 1.9920 EURUSD 1.2500 Notation "XYZABC n" means one needs n units of currency ABC to buy one unit of currency XYZ. Do a triangular arbitrage starting with EUR 100,000,000. What is your profit in USD? 11,452,000 USD There is no opportunity for arbitrage 14,597,000 USD 4,177,000 USD
None
If the company MARR is 10% per year, what are the rejected alternatives Comparison A C Initial Investment $ 30,00065,000 80,000 10,000 25,000 35,000 IRR% 10 14 13 21 Select one: О а. В &D O b. D & F O C. A & C O d. C & E
Dinesh bhai
Question 2 The following information relates to three possible capital expenditure projects. Because of capital rationing, only one project can be accepted: Project Q P R Initial cost £250,000 £210,000 £190,000 4 5 £17,500 £12,000 £ £ End of year 175,000 90,000 60,000 70,000 70,000 65,000 3 65,000 55,000 70,000 4 60,000 80,000 75,000 5 55,000 80000 The company estimates its cost of capital is 14 per cent. Required: Calculate a) The payback period for each project. b) The accounting rate of return for each project. c) The net present value of each proiect. d) Which project should be accepted - give reasons. e) Explain the factors management would need to consider, in addition to the financial factors, before making a final decision on a project. Expected life (years) 5 Scrap value expected £20,000 Expected cash inflows £ 2
None
int rences 8 00 Gook Suppose you are 35 and have a $90,000 face amount, 15-year, limited-payment, participating policy (dividends will be used to build up the cash value of the policy). Your annual premium is $810. The cash value of the policy is expected to be $3,600 in 15 years. Using time value of money and assuming you could invest your money elsewhere for a 8 percent annual yield, calculate the net cost of insurance. Use (Exhibit 1-A, Exhibit 1-B, Exhibit 1-C, Exhibit 1-D) Note: Use appropriate factor(s) from the tables provided. Do not round intermediate calculations. Round time value factor to 3 decimal places and final answer to the nearest whole number. Net cost of insurance D
ff2