Answer:
3 years
Explanation:
The computation of the payback period is shown below:
Payback period = Initial investment ÷ Net cash flow
where,
Initial investment is $15,000
And, the net cash flow would be
= Year 1 + year 2 + year 3 + year 4
= $5,000 + $5,000 + $5,000 + $5,000
= $20,000
As we see that the net cash flow is recovered in three years that means net cash flows and the initial investment are equal
So,
Payback period would be
= $15,000 ÷ $15,000
= 3 years
Answer:
c. Christopher will have a dual basis for income tax purposes.
Explanation:
Due to the fact that the basis of Jane in the specific property was higher than the FMV of the property on the specific date that she gave out the property, therefore, the double basis principle will apply to Christopher. In addition, Christoper will not collect any additional basis for the tax paid on the gift. The correct answer is option c.
Difference between the Us Dollar. 1 US dollar is .86 Euro
Answer:
Medical breakthroughs enable people to enjoy better healthcare nowadays.
Explanation:
An increase in living standard means that the lives of people are better off.
Advances in medicine have made it possible to find cure to various diseases. This improves standard of living.
Increased pollution of air and water and decline of dollar value have negative effects on living standard.
Pollution affects human health negatively and can cause diseases which negatively affect standard of living. Also, pollution can cause floods and other environmental disasters. Floods can displace people from their homes and this affects standard of living negatively.
Decrease in dollar value has made items more expensive.
I hope my answer helps you
Answer: indenture
Explanation:
The bond indenture is a legal contract that or covers a purchase obligation or a debt.
Therefore, the legal document identifying the rights and obligations of both the bondholders and the issuer is called the bond indenture. This document describes the number of bonds authorized, their par value, and the contract interest rate.
