Examlex
Reyes contributed assets to a trust and designated daughter Maria as the income beneficiary and grandson Julio as the remainder beneficiary. This year, fiduciary accounting income was $50,000. The trustee accumulated $5,000 of this amount and added it to trust corpus. Reyes pays Federal income tax on $5,000 for the year.
Average Accounting Return
A financial ratio that measures the average net income that a firm generates as a percentage of its average book value of equity.
Market Values
The existing selling or buying price for assets or services in the marketplace.
Discounted Payback
A capital budgeting method that calculates the time required to break even on an investment, considering the present value of future cash flows.
Payback
The period of time required to recover the cost of an investment.
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