1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alexandr1967 [171]
3 years ago
14

Allison buys equipment and pays cash of $50,000, signs a note of $10,000 and assumes a liability on the property for $3,000. In

addition. Allison pays an installation coat of $500 and a delivery coat of $800. Allison's basis in the asset is A) $63, 500. B) $63,000. C) $64, 300. D) $60,000.
Business
1 answer:
slava [35]3 years ago
3 0

Answer:

The answer is C) $64, 300.

Explanation:

basis in a business asset is basically the cost of that asset.

Allison's basis in the asset= $50,000+ $10,000+ $3,000+ $800+ $500 =  $64,300.

You might be interested in
Who is the first lady president in the world
melamori03 [73]

Answer:

Isabel Martínez de Perón

Explanation:

Isabel Martinez de Perón of Argentina was the very first woman or lady to serve as leader of a country as president, taking over as vice president following her husband died in 1974.

On July 21, 1960, Sirimavo Bandaranaike was chosen as the world's first women Prime Minister.

5 0
3 years ago
What is the major difference between corporations and other kinds businesses?
BartSMP [9]

Answer:

A corporation is a separate entity apart from that of the owners. A corporation is not responsible for its debts if it fails. A corporation is much larger than other kinds of businesses.

Explanation:

6 0
3 years ago
Read 2 more answers
Stock Y has a beta of 1.40 and an expected return of 14.8 percent. Stock Z has a beta of .85 and an expected return of 11.3 perc
tresset_1 [31]

Answer:

Stock Y has overvalued and Stock Z as undervalued

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

For Stock Y

= 4.85% + 1.40 × 7.35%

= 4.85% + 10.29%

= 15.14%

For Stock Z

= 4.85% + 0.85 × 7.35%

= 4.85% + 6.2475%

= 11.0975%

The (Market rate of return - Risk-free rate of return) is also called market risk premium and the same is applied in the answer

As we see the expected return of both the stock So, Stock Y has overvalued and Stock Z as undervalued

4 0
3 years ago
I’m 15 Years Old I Need A Job Changing Baby Girl Poop Diapers Do Any Of Y’all Know Where There Is A Place Where They Allow 15 Ye
scZoUnD [109]
Not a job, but you can baby sit for people if you know how to take care of kids
3 0
2 years ago
What is the primary goal of a society ?
Sunny_sXe [5.5K]
A.

Societies are built upon the idea and the foundation of ordering communities. It only makes sense that this order is there to protect the well-being of it's members.

I'd argue that the best of societies are those that promote spirituality, which is an aspect to wellness and well-being. Answer A definitely includes this, whereas answer C specifies and focuses on only this aspect.
5 0
3 years ago
Other questions:
  • At the beginning of the month, Bobcat Boards and Skis received $800 in advance for future services to be performed. At the end o
    13·1 answer
  • Which social networking platform is specifically for career networking?
    13·2 answers
  • A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera
    9·1 answer
  • Assigning manufacturing overhead to a specific job is complicated by all of the below except:a. Manufacturing overhead is an ind
    7·1 answer
  • Stallman Company took a physical inventory on December 31 and determined that goods costing $200,000 were on hand. Not included
    9·1 answer
  • Love Company’s accounting records show an after-closing balance of $42,100 in its Retained Earnings account on December 31, 2018
    13·1 answer
  • The tables show the spending and revenue for Littleland in 2010. Use the tables and other information to answer the questions. S
    8·1 answer
  • The maturity date of a note receivable: Multiple Choice
    7·1 answer
  • Who has a tw octane on rocket leage?
    9·1 answer
  • During 2021, its first year of operations, Ashbaugh Industries recorded sales of $21,000,000 and experienced returns of $1,400,0
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!