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Alona [7]
4 years ago
13

"A customer owns 200 shares of ABC, purchased 2 years ago at $50 per share. The current market value of ABC stock is $60 per sha

re. If the customer gifts the stock to his son, the result is the:"
Business
1 answer:
kirza4 [7]4 years ago
7 0

Answer: The donor may incur a gift tax liability. Also, the cost basis will be $50 per share to the recipient of the gift.

Explanation:

From the question, we are informed that a customer owns 200 shares of ABC, that were bought 2 years ago at $50 per share and that the current market value of ABC stock is $60 per share.

If the customer gifts the stock to his son, the result is the donor may incur a gift tax liability. Also, the cost basis will be $50 per share to the recipient of the gift.

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Suppose that the price of a bottle of soda is $1 each. Larry is willingto pay $2 for the first bottle, Alan is willing to pay $1
gayaneshka [121]

Answer:

The answer is: D) $1.75

Explanation:

Consumer surplus is the difference between the maximum price that a consumer is willing to pay for a good and the actual price paid for the good.

Larry, Alan and Ryan were all willing to pay more for a bottle of soda than the actual price of the soda.

  • Larry's consumer surplus = $2 - $1 = $1
  • Alan's consumer surplus = $1.50 - $1 = $0.50
  • Ryan's consumer surplus = $1.25 - $1 = $0.25

The total consumer surplus is $1 + $0.50 + $0.25 = $1.75

4 0
3 years ago
What is considered a necessary loan
aliya0001 [1]

Answer:

Car loan, Student loan, Home loan are examples of necessary loans.

Plz click thxs or mark brainliest!

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6 0
3 years ago
Residential Investment Payments of Factor Income to the rest of the world National Income Inventory Adjustment 0.00 Personal Con
Ivanshal [37]

Please find full question attached

Answer and Explanation:

Gross domestic product is calculated:

Gross Domestic Product(GDP) = Gross National Product (GNP)  - Receipts of factor income from rest of the world + Payments of factor income to the rest of the world

So to find GDP, we calculate GNP

GNP = NNP+Depreciation

To calculate GNP, we calculate NNP:

Net national product (NNP) =national income, so we have,

NNP = $2,445 billion

GNP = NNP + Depreciation = $2,445+$75

GNP = $2,520 billion

So we substitute in GDP formula to calculate GDP

GDP = 2,520 - 70 + 50 = $2500 billion

GDP = $2,500 billion

Government consumption and gross investment= Government transfer payments + Non-residential investments

Government consumption and gross investment is given by G

G = 200+250 = $450 billion

G = $450 billion

3 0
3 years ago
Trident Office is considering remodeling the office building it leases to Robert Roberts, CPA. The remodeling costs are estimate
mezya [45]

Answer:

$59,309

Explanation:

Years  Cash flow   PV Factor at 10%   Present value of cash flows

0         225,000                1.00000                    225,000

1          75,000                   0.90909                    68,182

2          75,000                  0.82645                    61,983

3          75,000                  0.75131                       56,349

4          75,000                  0.68301                      51,226

5          75,000                  0.62092                     <u>46,569</u>

Benefit of remodeling project                          <u>$59,309</u>

Note: Year 0 PV factor = 1/(1+10%)^0 = 1

4 0
3 years ago
Suppose potential income is $80 billion, actual income is $40 billion, and expenditures don't vary with income. If the actual bu
gogolik [260]
A(4billion)

Because I 4-(5-22)-2
7 0
3 years ago
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