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3 years ago

If property is inherited by a taxpayer,

Business

1 answer:

Inga [223]3 years ago

7 0

Answer:

Correct option is A.

<u>In general, the basis to the recipient is the fair market value at the decedent's date of death. </u>

Explanation:

If property is inherited by a taxpayer, <u>In general, the basis to the recipient is the fair market value at the decedent's date of death. </u>

As per the the law when property is transferred on account of death, then basis to the recipient is the fair market value at the time of death of decedent's.

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Always accept a job offer before discussing its salary and benefits.

yan [13]

Answer:

Acepting he job before getting inforamtion about it is not a good way to geta job. That is how you get a bad job that doesnt have a good salary or many beefits.

Sorry for the spelling erros my computer is not working correctly

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3 years ago

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How are nuclear weapons distinguished from conventional weapons?.

Lyrx [107]

Answer:

This quantitative difference between nuclear and conventional weapons means that if nuclear weapons were used, they would alter key features of warfare—in particular, its duration, the targeting of noncombatants, and even the military relationship between winning and losing sides in a conflict.

Explanation:

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2 years ago

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The Office Supplies account had a balance at the beginning of year 3 of $4,000 (before the reversing entry). Payments for purcha

snow_lady [41]

Answer:

a. Office Supplies Expense a/c Dr. $750

Explanation:

We are provided that office supplies are recorded as an expense, in that case entry will be:

Office Supplies Expense A/c Dr.

To Cash A/c

After this, there is a valuation of closing balance of supplies in hand.

As per books = $4,000

As per inventory of supplies in hand = $4,750

The difference = $4,750 - $4,000 = $750

This will be recorded in Office supplies expense as in this account only the supplies are recorded.

Therefore correct option is

a. Office Supplies Expense a/c Dr. $750

4 0

3 years ago

Bond P is a premium bond with a coupon rate of 10 percent. Bond D has a coupon rate of 5 percent and is currently selling at a d

mezya [45]

Answer:

Stock P's current yield = 8.18%

Stock D's current yield = 5.87%

Stock P's capital gains yield = -1.31%

Stock D's capital gains yield = 1.4%

Explanation:

price of bond P:

0.07 = {100 + [(1,000 - MP) / 10]} / [(1,000 + MP) / 2]

0.07 x [(1,000 + MP) / 2] = 100 + [(1,000 - MP) / 10]

0.07 x (500 + 0.5MP) = 100 + 100 - 0.1MP

35 + 0.035MP = 200 - 0.1MP

0.135MP = 165

MP = 165 / 0.135 = $1,222.22

price of bond D:

0.07 = {50 + [(1,000 - MP) / 10]} / [(1,000 + MP) / 2]

0.07 x [(1,000 + MP) / 2] = 50 + [(1,000 - MP) / 10]

0.07 x (500 + 0.5MP) = 50 + 100 - 0.1MP

35 + 0.035MP = 150 - 0.1MP

0.135MP = 115

MP = 115 / 0.135 = $851.85

current yield = dividend / stock price

Stock P's current yield = 100 / 1,222.22 = 8.18%

Stock D's current yield = 50 / 851.85 = 5.87%

price of bond P in one year:

0.07 = {100 + [(1,000 - MP) / 9]} / [(1,000 + MP) / 2]

0.07 x [(1,000 + MP) / 2] = 100 + [(1,000 - MP) / 9]

0.07 x (500 + 0.5MP) = 100 + 111.11 - 0.111MP

35 + 0.035MP = 211.11 - 0.111MP

0.146MP = 176.11

MP = 176.11 / 0.146 = $1,206.23

price of bond D in one year:

0.07 = {50 + [(1,000 - MP) / 9]} / [(1,000 + MP) / 2]

0.07 x [(1,000 + MP) / 2] = 50 + [(1,000 - MP) / 9]

0.07 x (500 + 0.5MP) = 50 + 111.11 - 0.111MP

35 + 0.035MP = 161.11 - 0.111MP

0.146MP = 126.11

MP = 126.11 / 0.146 = $863.77

capital gains yield = (P₁ - P₀) / P₀

Stock P's capital gains yield = (1,206.23 - 1,222.22) / 1,222.22 = -1.31%

Stock D's capital gains yield = (863.77 - 851.85) / 851.85 = 1.4%

6 0

3 years ago

An international strategy in which the company attempts to combine the benefits of global scale efficiencies with the benefits a

Yanka [14]

Answer:

The statement is true. An international strategy in which the company attempts to combine the benefits of global scale efficiencies with the benefits and advantages of local responsiveness is called global strategy.

Explanation:

"Global strategy" refers to the planning and delimitation of objectives that a certain company develops to fulfill its objectives at the international level, encompassing and integrating actions in various territories to maximize the benefits of the company, and providing international solutions for consumers and their claims.

7 0

3 years ago