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Answer:
1,000 long-term capital loss
new shares basis $7,000
Explanation:
The sales realize a long term loss for 1,000 dollar
It is long term as the shares were held for a period of time over 2 years
and is a loss as these shares were bought at 10,000 while sold at 9,000
The new share basis will be of 7,000 as it is the value ofthe new purchase.
Answer:
Gross profit = $790000
Explanation:
Suppose:
Sales = 1000000
Cost of goods sold = 200000
Actual overhead = 100000
Direct labor used = 15000 hours
Predetermined rate = $ 6 per hour
Computation of gross profit:
Sales = 1000000
less:<u> Cost of goods sold</u> =200000
Add: under applied overhead (w#1) = <u>10000</u>
(<u>210000</u>)
Gross profit 790000
(w#1) Applied overhead = Actual labour hours * predetermined rate
= 15000 * 6 = $90000.
Actual overhead = <u>100000</u>
Under applied overhead 10000
According to the VRIO framework, to fully exploit the competitive potential of its resources, capabilities, and competencies, a firm must be organized to capture value.
A resource is useful if it enables a company to take advantage of an outside opportunity or counteract an outside threat.
The VRIO framework is an internal examination that aids companies in discovering the benefits and assets that offer them a competitive edge. The acronym for the many success metrics that apply to your organization is the VRIO framework. Value, rarity, copyability, and organization are all included.
Learn more about VRIO framework at brainly.com/question/26286846
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The combination the lower average production costs that come from <u>economies of scale</u> is provided by an Intra-industry trade and as well to have an competition and variety in the market.
<h3>What is an
economies of scale?</h3>
This refers to a situation where the average costs per unit of output decrease with the increase in the scale of the output being produced by a firm.
Hence, the combination the lower average production costs that come from economies of scale is provided by an Intra-industry trade.
Read more about economies of scale
<em>brainly.com/question/780900</em>
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