Answer:
a. the current level of interest rates
Explanation:
The current interest rate represent the factor that does not based upon the rate of interest as it does not modify on the frequentyly basis such as the price of the stock or the current price. In the case when we do the trasing in the stock market so the standard deviation would be used in order to get to know the stock volatility
Hence, the option a is correct
I would say if thats what you want to do go for it because the people that love you should want nothing more than for you to be happy.
Sheila Recognized gain is 
Jacob Recognized gain is 
<u>Solution:
</u>
Sheila’s Sale:
Amount noticed 
Fixed basis 
-------------
Gain 
Recognized Gain =
Jacob’s Sale:
Amount noticed 
Fixed basis 
-------------
Gain 
Recognized Gain = $8000
The $40,000 profit base of Jacob is same as the adjusted basis of Elane.
Answer:
(1) $19,500
(2) $142,000
(3) $27,000
(4) $15,000
Explanation:
Depreciation is the systematic allocation of the cost of an asset to the p/l over the useful life of the asset. It may be computed as
Depreciation = (cost - salvage value)/useful life
Annual depreciation = ($220,000 - $25,000)/10
= $19,500
4 years later
Carrying amount of the equipment
= $220,000 - 4 * $19,500
= $220,000 - $78,000
= $142,000
If the asset is impaired
An asset is said to be impaired when the carrying amount is higher than recoverable amount where the recoverable amount is the higher of the fair value less cost to sell or the value in use of the asset which is the present value of the future expected inflow from the use of the asset.
Value in use = $115,000
Fair value = $85,000
Value in use = $115,000
Impairment loss = $142,000 - $115,000
= $27,000
Remaining number of years is 6
New carrying amount = $115,000
the annual depreciation expense = ($115,000 - $25,000)/6
= $90,000/6
= $15,000
Answer:
E. An uncut diamond that you discover in your backyard.
Explanation:
Generally, the term ‘capital’ refers to any financial resources or assets owned by a business that are useful in furthering development and generating income.
