Given :
Bud exchanges land with an adjusted basis of $ 22,000 and a fair market value of $ 30,000 for another parcel of land with a fair market value of $ 28,000 and $2,000 cash.
To Find :
What is Bud's recognized gain or loss.
Solution :
This is a transaction of like kind exchange.
So, gain or loss to be recognized is :
Therefore, option B) is correct.
<span> Recording the accrual of salaries incurred.</span>
Answer:price elasticity of demand for Dunkin Donuts’ regular coffee is 1.8
Explanation: Using the midpoint formnulae
Price elasticity of Demand =percentage change in quantity demanded/ Percentage change in price.
Percentage change in quantity = new quantity - old quantity / (new quantity + old quantity)/2 x 100
= 40-10/(40+10)/ 2 = 30 /25 = 1.2 x 100 =120%
Percentage change in price = new price - old price / new price + old price)/2 x 100
= 1- 2 / (1+2)/2= -1/1.5x 100 = -66.67 %
Price elasticity of Demand =percentage change in quantity demanded/ Percentage change in price.
= 120%/-66.67%= -1.79 = -1.8
For Price elasticity of demand, the sign is not included and the basis for elasticity is on the value itself . here we can conclude that the Price elasticity of demand for Dunkin donut is 1.8 and elastic because a fall in price led to an increase in amount being sold.
Answer:
Bond Value is $347.30
Explanation:
Zero coupon bond does not offer any return on the bond that's why it is issued on deep discount value.
Number of years = n = 20 years
Face value = F = $1,000
YTM = 5.43%
Price of the Bond = [ F / ( 1 + r )^n ]
Price of the Bond =[ $1,000 / ( 1 + 5.43% )^20 ]
Price of the Bond =[ $1,000 / ( 1.0543 )^20 ]
Price of the Bond = 347.30
The step of comprehensive approach change that is illustrated in the scenario is recognizing the need for change (option A)
Recognize is a term of Latin origin that is composed of three parts that are:
1. The prefix <em>re</em>, which is equivalent to the action of <em>repetition</em>
2. The verb <em>cognoscere</em>, which can be translated as <em>knowing</em>
3. The suffix -<em>ment</em>, which is a synonym of instrument.
In other words, recognizing is a term that refers to the action of recognizing, that is, carefully examining an object, situation, person, or another to know its content or current state.
According to the above, it can be inferred that the situation described corresponds to the recognition of a problem because the manager carefully examines why sales have dropped and recognize the cause for this consequence, recognizing that he must change something to avoid this situation.
Learn more in: brainly.com/question/11164330
