Answer:
Mike's recognized gain from the transfer of the house to him is:
$175,000
Explanation:
a) Data and Calculations:
Marital property = $1,500,000
Cost of property = $575,000
Residual value = $925,000
Alimony to Karen = $750,000 ($150,000 * 5)
Balance (Mike's) = $175,000
$175,000 represents the excess of the fair market value of the marital property after deducting the cost of property and the alimony paid to Karen. A gain of $175,000 is recognized by Mike after the property sale.
Answer:
venture capital
Explanation:
A venture capitalist is a person or company that provides start-up funding in return for a share in the company's ownership.
Answer:
E. An uncut diamond that you discover in your backyard.
Explanation:
Generally, the term ‘capital’ refers to any financial resources or assets owned by a business that are useful in furthering development and generating income.
Answer: 0.58
Explanation:
Given the parameters in the question, Beta can be solved by the following formula;
= Correlation with market * ( Standard deviation of stock / Standard deviation of market)
= 0.53 * (32%/29%)
= 0.58
Answer: D
Explanation: the definination of accouting includes the process of recording, classifying, summarizing the transactions.