Answer:
Loss of $2,000
Explanation:
In this scenario, we have the following information:
• The adjusted cost basis: $8,000 (the amount paid by the donor)
• The fair market value: $5,000
• The sold amount: $6,000
Parrot’s basis in the land is $8,000, as same basis the donor had.
So when he sells it, he must report loss of $2,000 on the sale.
Answer:
The correct answer to this question is D) When on a television, National milk council is giving a message to the public, to drink milk , that would be called advertising.
Explanation:
Advertisement can be defined as a form of communication, where the main objective is to try influencing the behavior of target consumers. Here a product or service is being brought in to the attention of target consumers, so that consumers can be urged to buy that product or service. A producer develops a message here and places that message to the consumer ( in this question through TV done by national milk council ), with the intention of persuading the consumers to buy that product or service.
Answer:
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A market index is a resulting value created from the combination of several stocks and other investment vehicles presenting its total value against a base value at a certain period. It is used to show the whole stock market at the same time keeping track with the way the market changes overtime. The practice of tracking the value of the stock market over a period of time can be used to benchmark to make a credible comparison of stock returns.
The answer business. This is made up of association of
people where they share a common purpose or interest in having to focus the
talents that they have and to be able to organize these skills and offer this
for their own benefit.
