The correct answer is D. Absolute cost differences regulate the immediate basis for trade
Absolute gain is the ability of a country, separate, company or region to make a good or service at a lower cost per unit than the cost at which any other individual produces that same good or service.
Answer:
B. Credit to the fair value adjustment for $6000
Explanation:
December 31 (year 2)
Fair value adjustment account balance = $10,000 (Debit)
December 31 (year 3)
Fair value adjustment account balance = $154,000 - $150,000 =$4,000 (Debit)
As you can see in year 2 there were only $10,000 (debit) in fair value adjustment account but in year 3 the value dropped down to 4,000 debit which leads us to the journal entry of $6,000 Credit in fair value adjustment account balance
There are three choices the caller's H.323 proxy server, the receiver's H.323 proxy server and the receiver directly but none of these choices are correct. So the answer in this question will be none of the above. It is hard to know where you would send the invite message so the answer is NONE.
Answer:
A) $200,000 loss recognized by Jean and a basis in the land of $200,000 to Billie
Explanation:
The computation is shown below:
For loss recognized, the amount would be
= Land basis - fair value of land
= $400,000 - $200,000
= $200,000
And, the basis in the land should be equal to the fair value of the land i.e $200,000
Hence, the correct option is A
By dividing the fair value from the land basis we can get the loss recognized
Answer: C. 1,2,3
Explanation:
Under MSRB rules, any claim, dispute, or controversy shall be submitted to arbitration at the instance of a:
• broker-dealer against another broker-dealer.
• customer against a broker-dealer.
• broker-dealer against a customer who has previously signed an arbitration agreement.
Therefore, based on the above scenario, the correct option is C.
