This is because his basis for determining gain or loss is the lower of the fair market value at the date of the gift ($5,000) or Uncle Terry's basis in the car ($8,000), which is $5,000.
If Homer is able to sell the car for $8,500, his basis is $6,000. Since Homer is selling the car for more than its basis, he will have a gain of $2,500 ($8,500 - $6,000).
If Homer is able to sell the car for $4,500, his basis is $5,000. In this case, the selling price is lower than the fair market value at the date of the gift. Homer's basis for determining gain or loss is still the lower of the fair market value at the date of the gift ($5,000) or Uncle Terry's basis in the car ($8,000), which is $5,000. Since the selling price is lower than the basis, Homer will have a loss of $500 ($4,500 - $5,000).
If Homer is able to sell the car for $6,000, his basis is $5,000. The selling price is higher than the basis, so Homer will have a gain of $1,000 ($6,000 - $5,000).
In summary:
If selling price is $8,500, Homer's basis is $6,000.
If selling price is $4,500, Homer's basis is $5,000.
If selling price is $6,000, Homer's basis is $5,000.
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Identify which of the following statements is true. Group of answer choices In a tax-free reorganization, the acquiring corporation's holding period for the acquired properties includes the period of time the target corporation held the properties. The receipt of cash by a shareholder results in the recognition of all of his or her realized gain even if the transaction qualifies as a tax-free reorganization. In a tax-free reorganization, if the acquiring corporation uses nonmonetary boot property, gains or losses will be recognized by the acquiring corporation. All of the above are false.
Answer:
d
Explanation:
Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home
Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.
Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.
Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.
Hence, the correct options are "A, B & C".
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In the first two years of a new car's life, it loses:
Answer:
30% of the resale value
Explanation:
the excluding organization, the passive club, and token acceptance symbolic equity, substantial equity, and the including organization
the passive club, the token acceptance, and the excluding organization symbolic equity, significant equity, and the included organization Minor's Six Stage Model applies to me.
SORTING IN ORGANIZATIONS, FORMAL AND INFORMAL
There are formal and informal ways to categorize our groupings and the individuals inside them in organizations. The vast majority of organizations have a set structure that establishes position and power. Because of this, companies explicitly enforce norms, such as manager-employee meetings or secret leadership meetings, that establish some sorts of exclusion as appropriate. The culture of the company supports and encourages both of these behaviors.
The culture of a business makes certain forms of exclusion, such private leadership or manager-employee meetings, acceptable and expected.
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This organization, established by the Sarbanes-Oxley Act, was organized in 2003 for the purpose of establishing auditing standards for public companies.
A. Auditing Standards Board
B. Public Company Accounting Oversight Board
C. International Audit Practices Committee
D. Information Systems Audit and Control Association
The organization established by the Sarbanes-Oxley Act in 2003 for the purpose of establishing auditing standards for public companies is B. Public Company Accounting Oversight Board.
The Auditing Standards Board (A) is a separate entity within the American Institute of Certified Public Accountants (AICPA) that establishes auditing standards for private companies. The International Audit Practices Committee (C) does not have a direct connection to the Sarbanes-Oxley Act and is not responsible for establishing auditing standards for public companies.
The Information Systems Audit and Control Association (D) is an organization focused on IT governance, risk management, and cybersecurity, but it is not directly related to the establishment of auditing standards for public companies under Sarbanes-Oxley. Hence, B is the correct option.
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Which type of chart or graph shows data with distinct x and y values?
O a bar graph
O a scatter plot
O a line chart
O a pie chart
Answer:
A. a bar graph is the answer
assume that the market for bottled water is in equilibrium. if both the supply of and the demand for bottled water decrease, what will be the effect on equilibrium price and quantity?
Demand and supply decline, which results in a fall in the equilibrium quantity and a possible increase, decrease, or stability in the equilibrium price.
What happens if there is an increase in the demand for bottled?The demand curve for bottled water will move to the right as demand rises. Both the quantity and the price will rise as a result. The cost of bottled will decrease because supply growth outpaces demand growth. The amount at equilibrium will rise.
When supply and demand rise simultaneously, what happens to equilibrium?The equilibrium price falls if the increased supply is greater than the rise in demand. Equilibrium quantity rises in both scenarios. When supply and demand are both rising, the equilibrium quantity increases, but the change in The price of equilibrium is unclear.
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What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUwhich is not an example of transfer income.
a) dividend
b) rent
c) pensions
d) scholarship grant to students
Answer:
A - dividen
Explanation:
A is the answet
the automatic mechanism _________ the price level in the case of ________ and ________ the price level in the case of ________.
The automatic mechanism self-correcting process the price level in the case of goods and services
The automatic mechanism is a self-correcting process that occurs in the economy. It works to maintain the balance between the demand and supply of goods and services.
In the case of inflation, the automatic mechanism raises the price level. Inflation refers to the general increase in the prices of goods and services over time. When the supply of money increases, consumers have more money to spend, which leads to an increase in demand.
On the other hand, when there is a recession, the automatic mechanism lowers the price level. A recession is a period of economic decline characterized by a decrease in demand for goods and services. When demand decreases, prices fall as well.
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1 a: The risk-free rate is 3.40% and the market risk premium is 6.47%. A stock with a β of 0.86 just paid a dividend of $1.43. The dividend is expected to grow at 24.14% for five years and then grow at 3.83% forever. What is the value of the stock?
To calculate the value of the stock, we can use the dividend discount model:
P = D / (r - g)
where P is the stock price, D is the dividend, r is the required rate of return, and g is the expected growth rate of dividends.
First, we need to calculate the required rate of return using the capital asset pricing model (CAPM):
r = Rf + β(Rm - Rf)
where Rf is the risk-free rate, β is the beta of the stock, and Rm is the market risk premium.
r = 0.034 + 0.86(0.0647) = 0.080022
Next, we can use the dividend growth rate to calculate the dividends for the next five years:
D1 = D0 × (1 + g) = $1.43 × (1 + 0.2414) = $1.77
D2 = $1.77 × (1 + 0.2414) = $2.20
D3 = $2.20 × (1 + 0.2414) = $2.73
D4 = $2.73 × (1 + 0.2414) = $3.39
D5 = $3.39 × (1 + 0.2414) = $4.21
After year 5, the dividends are expected to grow at a constant rate of 3.83%, so we can use the Gordon growth model to calculate the terminal value:
TV = D6 / (r - g) = $4.21 / (0.080022 - 0.0383) = $101.24
Finally, we can use the dividend discount model to calculate the present value of the stock:
P = (D1 + D2 + D3 + D4 + D5 + TV) / (1 + r)^1 + (1 + r)^2 + (1 + r)^3 + (1 + r)^4 + (1 + r)^5 + (1 + r)^5
P = ($1.77 + $2.20 + $2.73 + $3.39 + $4.21 + $101.24) / (1 + 0.080022)^1 + (1 + 0.080022)^2 + (1 + 0.080022)^3 + (1 + 0.080022)^4 + (1 + 0.080022)^5 + (1 + 0.080022)^6
P = $114.95
Therefore, the value of the stock is $114.95.
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the stock in bowie enterprises has a beta of 1.12. the expected return on the market is 12.40 percent and the risk-free rate is 3.27 percent. what is the required return on the company's stock? multiple choice 17.16% 15.33% 12.75% 13.12% 13.50%
The required return on the company's stock is 13.50 at The stock beta 1.12, Expected return on the market 12.40%, The risk-free rate 3.27%.
given data,
The stock beta = 1.12
Expected return on the market = 12.40%
The risk-free rate = 3.27%
the formula for Capital Asset Pricing Model is,
Required return = Risk free rate + Beta x (Market return - risk free rate)
substitute the above values in formula:
Required return = 3.27 + 1.12 x (12.40 - 3.27)
= 13.50
the required return on the company's stock is 13.50
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What attitudes and activities do you encounter in today's popular culture that are similar to those supported by Marx and Smith? Are there any that are different?
Answer:
Marxism is still relevant as an utopia to reach a society of free and equal. The function of ideologies is to conquer the minds, because the actions of people are led from their view of the world and their wishes. Ideology only has an influence on a personality if there is a belief in it.
How does fractional reserve banking increase the money supply in an economy?
A. It allows foreign currencies to be directly substituted for U.S. dollars.
B. It takes money deposited in banks and makes it available as loans.
C. It pressures depositors to withdraw money held in banks for long periods.
D. It requires the government to print money when deposit levels increase
Answer:
B. It takes money deposited in banks and makes it available as loans.
It takes money deposited in banks and makes it available as loans does fractional reserve banking increase the money supply in an economy. Hence, option B is correct.
What is reserve banking?The minimal amount of cash that financial institutions must keep on hand in order to comply with central bank standards is known as bank reserves. The bank must store this actual paper money in a vault on the property or in an account with the national bank.
A percentage of 100% indicates that the bank would have all of its customers' money available even if they all sought to withdraw it. Although this is undoubtedly a very secure method of banking, the way things have been put forth thus far, the bank would merely be serving as a safe. It would be incapable of lending any money.
A regional bank of the United States' central banking system, the Federal Reserve System, is known as a Federal Reserve Bank.
Thus, option B is correct.
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Quizelet An expansionist capacity strategy: A. Can preempt expansion by competitors by announcing a large capacity expansion. B. Reduces the risk of overexpansion based on overly optimistic demand forecasts. C. Lags behind demand. D. None of the other options. E. Meets capacity shortfalls with overtime, temporary workers, subcontracting, and stockouts
An expansionist capacity strategy can be described as option C: Lags behind demand.
An expansionist capacity strategy focuses on increasing capacity in response to increasing demand. It involves a deliberate decision to expand capacity at a slower pace than the growth in demand. This strategy aims to minimize the risk of overexpansion based on overly optimistic demand forecasts and avoids the potential costs and inefficiencies associated with excess capacity.
By lagging behind demand, the company can closely monitor the actual growth and adjust capacity accordingly. This approach allows for a more controlled and gradual expansion, ensuring that capacity is added in line with actual customer needs. It also helps avoid the risks of investing heavily in excess capacity that may go unused, leading to wasted resources and increased costs.
Therefore, option C accurately describes an expansionist capacity strategy.
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Some online marketplaces offer no protections to consumers. Why is it important to report fraud that occurs through these websites, even if there is little chance that you will get your money back?
because most online marketplaces have a money-back guarantee
because your bank will get your money back if you have wired it to a fraudulent seller’s bank account
because sellers who commit fraud are generally happy to offer relief once their fraud is pointed out
because flagging the account and reporting the fraud could prevent others from becoming victims
It is important to report fraud that happens through these websites, even if there is less chance that you will get your money back because flagging the account and reporting the fraud could prevent others from becoming victims. Thus, option (D) is correct.
By reporting the fraud, the account can be flagged, and the marketplace can take steps to prevent the fraudulent seller from victimizing others. This can help protect other consumers from losing their money and falling prey to the same scam.
It is important to report fraud to the appropriate authorities even if there is little chance of recovering the lost funds.
Therefore, option (D) is correct.
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Answer:
because flagging the account and reporting the fraud could prevent others from becoming victims
Explanation:
its D
Ava has a large inventory of electric generators in a database table. Her boss asked her to create a
table of 100 to 500 kilowatt generators that can also be used during freezing weather. How can Ava
use this table to create a promotion for their customers?
As the existing customer of the company is concern, the list of individual of the database can be incentivized either by sales discount or gift during their next purchase of generator in the company.
What is Promotion in marketing?In marketing, a promotion refers to an form of communication, contact or action aimed at influencing people to buy more of their products or services.
In conclusion, as the existing customer of the company is concern, the list of individual of the database can be incentivized either by discount or gift on their next purpose of generator in the company.
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The main reason that Starbucks was able to have the main share of coffeehouses in the world is just two decades is that they: used tangible resources to provide their product. capitalized on the economic climate at the most opportune time. were the only coffeehouse to offer premium coffee during extended hours. successfully applied their knowledge and skills to better serve customers.
Answer:
Were the only coffeehouse to offer premium coffee during extended hours.
Explanation:
Starbucks has a significant share in global markets, it has developed it in not so long time.
Reason behind it might be that - Its premium coffee beans & consequently coffee quality. This complimented with fair range of coffee varieties, relaxing & comfortable ambience, specially during extended hours - helped it attain the status.
Using its aging of accounts receivable, Age Old, Inc. estimates that $90,000 of its $4,000,000 of accounts receivable will be uncollectible. Prior to making its adjusting entry, the unadjusted Allowance for Doubtful Accounts has a credit balance of $1,000. After the adjustment, Bad Debt Expense on the income statement will be ______ the Allowance for Doubtful Accounts on the balance sheet.
The total of the Bad Debt Expense is $90,000
In finances, a Bad Debt Expense refers to money a company could not collect and therefore became an expense as it negatively affects the company's financial situation. The most common causes of a bad debt expense are:
The customers could not pay due to economic hardships.The customers refused to pay.Moreover, the bad debt expense is calculated by determining how much money is uncollectable. Based on this, the total of bad debt expense in this company is $ 90,000 because this is the money considered as uncollectable.
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fill in the blank. the rate of inflation is equal to the percentage change of the___from one year to the next. multiple choice question. gdp inflator consumer price index producer price index cost of living adjustment index
The rate of inflation is equal to the percentage change of the Consumer Price Index (CPI) from one year to the next.
Inflation refers to a steady rise in the general price level of goods and services over time. Inflation occurs when the cost of living rises, resulting in a fall in the purchasing power of money. Inflation causes people to spend more on the same quantity of products, which can lead to a decrease in their purchasing power. Inflation can be measured using a variety of indices, including the Consumer Price Index (CPI), the Producer Price Index (PPI), and the Gross Domestic Product Deflator (GDP Deflator).
The Consumer Price Index (CPI) is a measure of the average cost of a basket of consumer goods and services that households consume in a given period. The CPI is used as an inflation indicator, with the percent change in the CPI serving as a measure of inflation. The CPI is calculated by dividing the current value of the basket of goods by the value of the same basket in a base year, and then multiplying the result by 100.
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Under the Federal Insurance Contributions Act, where do the funds for Social
Security and Medicare come from?
Answer:
It is deducted from the workers
Explanation:
All employers are required to deduct social security and medicare taxes from their employees' paychecks. The deducted amounts are remitted to the government through the social security administration authority.
Therefore, the funds for Social Security and Medicare come from the employees' paycheck. It is the workers who contribute these funds from their income.
The set of skills and knowledge needed to make informed decisions about
money matters is called financial literacy.
A. True
B. False
______ is the process by which a union becomes recognized by the National Labor Relations Board as the bargaining agent for a group of employees.
The process by which a union becomes recognized by the National Labor Relations Board as the bargaining agent for a group of employees is known as Certification.
What is certification?Certification refers to the method of obtaining a formal declaration of competence. Certification is a third-party attestation that a product, service, or system meets the requirements of a standard.
Certification is a demonstration that an individual has met a specific set of standards and is capable of performing a certain job or task.
The National Labor Relations Board certifies unions as the exclusive bargaining agent for workers in a particular unit following a union representation election. The National Labor Relations Board is responsible for supervising union representation elections and determining the outcomes of representation disputes.
The National Labor Relations Act, which was passed in 1935, established the National Labor Relations Board.
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One positive impact that industrialization has had is that.
One positive impact that industrialization has had is that industrialization has been a source of many jobs for people.
What is industrialization?Industrialization refers to the development of industries in a country or region on a wide scale.
One positive impact that industrialization has had is that industrialization has been a source of many jobs for the people.
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Post-secondary education is
DescriptionTertiary education, also referred to as third-level, third-stage or post-secondary education, is the educational level following the completion of secondary education.
47. Indian economy is a mixed economy as it consists of both privately owned and
government owned business enterprises. Therefore, we can classify the Indian economy
into two sectors, viz, Private Sector and Public Sector. In a capitalistic economy, the
private sector is dominating, while in a socialistic economy, the public sector is
dominating. In a mixed economy, both the private sector and public sector go hand in
hand.
. In the light of the above paragraph explain Indian economy?
Yes, the Indian economy is a mixed economy which consists of two sectors viz, Private Sector and Public Sector.
What is the Indian economy?The economy of India is a mixed middle-income developing social market economy. It is the world's fifth-largest economy by nominal GDP and third-largest economy by purchasing power parity.The essential characteristics of developing economies are overpopulation, extreme poverty or below the poverty line, poor infrastructure, agriculture-based economies, slow pace of capital development, and low per capita income.The Indian economy is characterized by a low real per capita income rate, a high population growth rate, and a high degree of dependence on the primary industry. Covid 19 has had a negative impact on the Indian economy. The Covid pandemic has led to industry shutdowns and subsequent job losses.An economy is a system of interconnected production and consumption activities that ultimately determine the allocation of resources within a group. The production and consumption of goods and services as a whole meet the needs of the people who live and work there.to know more about the Indian economy refer to
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An asbestos problem is sometimes best treated by
a. installing new distribution boxes.
b. Proper ventilation of the building.
c. Removal of chipping paint.
d. Leaving it alone.
An asbestos problem is sometimes best treated by leaving it alone. Asbestos is a fibrous mineral that was commonly used in building materials due to its fire-resistant properties. The correct answer is option D.
However, it has been linked to several health problems, including lung cancer and mesothelioma, which is why it is important to manage and control asbestos-containing materials.
If asbestos-containing materials are in good condition and not disturbed, they are less likely to release fibers into the air, which can be dangerous. In these cases, it is often best to leave the materials in place and monitor them regularly to ensure they remain stable.
If asbestos-containing materials are damaged or deteriorating, it may be necessary to remove or encapsulate them to prevent the release of fibers into the air. However, removal can be expensive and disruptive, so it should only be done by qualified professionals using proper safety precautions.
In summary, leaving asbestos-containing materials undisturbed is sometimes the best option for managing asbestos problems, as it can help prevent the release of fibers into the air. However, if the materials are damaged or deteriorating, removal or encapsulation may be necessary. Therefore, the correct answer is option D.
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one qualifier to _____________ is that although it may settle the surface problem, it may not solve any ongoing problem.
one qualifier to mediation is that although it may settle the surface problem, it may not solve any ongoing problem.
What is mediation?Mediation can be regarded as procedure that is used by parties in solving their disputes.
Therefore, one qualifier to mediation is that although it may settle the surface problem.
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An instrument used to enlarge or reduce a map is known as
Answer:
pantograph
Explanation:
you can use a pantograph to do this.
An hourly employee works 40 regular hours during a pay period. His base pay
is $12 per hour. He receives no other payments. What is his gross pay for the
period?
A. $480
Ο Ο Ο
B. $440
C. $400
D. $520
Answer:
A. 480
Explanation:
gotchu