Business, 20.11.2019 00:31 ericperkins10ox0b27
Lisa sells business property with an adjusted basis of $130,000 to her son, alfred, for the fair market value of $100,000.
a. what is lisa’s realized and recognized gain or loss?
b. what is alfred’s recognized gain or loss if he subsequently sells the property for $138,000? for $80,000?
Answers: 3
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Describe what fixed costs and marginal costs mean to a company.
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Mr. pines is considering buying a house and renting it to students. the yearly operating costs are $1,900. the house can be sold for $175,000 at the end of 10 years and it is considered 18% to be a suitable annual effective interest rate. if the house costs $100,000 to purchase, how much would you need to charge your tenants each year in rent? (assume a single payment for the years rent at the end of each year)
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Business, 23.06.2019 02:50
Which of the following will be a source of cash flows for a shareholder of a certain stock? i. sale of the shares at a future date ii. the firm in which the shares are held paying out cash to shareholders in the form of dividends iii. the firm in which the shares are held increasing the total number of shares outstanding through a stock split
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Business, 23.06.2019 03:00
Why is the type of product sold in an industry an important characteristic? a firm that can differentiate its product from that of rivals may be able to charge a higher price for a superior product. a firm that sells intangible goods is usually considered a monopoly. service industries cannot differentiate their products, which makes it easy for new firms to enter the industry. expensive products are usually sold by perfectly competitive firms.
Answers: 2
Lisa sells business property with an adjusted basis of $130,000 to her son, alfred, for the fair mar...
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