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.
They are at a standstill with each other and can make business happen with each other. Therefore they're like associates or friends working together to better themselves.
The original price of the machine is $2,600 but it has a depreciation value now of $1,200.
*original price - depreciation value = machine's existing value*
$2,600 - $1,200 = $1,400
However, they've sold the machine for $2,200 instead of 1,400 (which is supposedly the existing price). So, they've gain $800 ($2,200 deducted by $1,400) out from this transaction.
Answer:
B
Explanation:
Twain's account of Colonel Rall's speech ("full of gunpowder and glory") is contrasted most vividly to the Marion Ranger's collective remorse over the shooting of an unarmed rider.
Answer:
B) adaptive
Explanation:
Based on the scenario being described it can be said that this form of expectations formation is known as adaptive expectations. These are expectations formed from a process in which individuals predict what will most likely occur in the future based on the data of what has already happened in the past.
