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Irina18 [472]
4 years ago
15

Cindy's Ceramics engaged in a like-kind exchange that resulted in a $3,000 gain. In addition to the like-kind property received

in the transaction, Cindy also received $5,000 cash. Cindy will have to recognize $
Business
1 answer:
Vika [28.1K]4 years ago
7 0

Answer:

$3,000

Explanation:

Data provided in the question

Gain received while exchanged = $3,000

Received cash = $5,000

Based on the above information, the Cindy recognize the gain i.e $3,000 which is received while exchanged it

Therefore in the given case, the Cindy have to recognize the gain for $3,000

The cash amount received should be ignored

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One year ago, you purchased a 7 percent coupon bond with a face value of $1,000 when it was selling for 102.5 percent of par. To
cestrela7 [59]

Answer:

Total Dollar return on Investment = $85

Explanation:

Coupon rate = 7%

Coupon Payment ($1,000×7%) = $70

Selling Price of the bond ($1,000×102.5)  = $1025

Today’s selling price of the bond ($1,000×104%) =$1,040

$1,040 - $1025 + $70 = $85

Total Dollar return on Investment = $85

7 0
3 years ago
Which of the following is a criticism of the national income and product accounts?
jok3333 [9.3K]

I believe the correct answer among the choices is:

b) They do not capture most nonmarket economic activity

 

<span>The National Income and Product Accounts or NIPA is one of the main sources of the data on general economic activity in the United States. The greatest drawback to this is that it is only a prediction, it does not really reflect all the acitivities.</span>

4 0
3 years ago
Please help! thank you!
Tatiana [17]

Answer:

D

Explanation:

Whether you have a loan or a credit card, making late payments or missing payments can cause your credit score to fall.

7 0
2 years ago
Generally, ____ indicate(s) the size of a firm relative to their sector. Group of answer choices sector ratios market share rati
ruslelena [56]

Answer:

b. Market share ratio

Explanation:

When the sizes of firms of a particular sector/market are being compared, a common basis for comparison is on the basis of total sales, a larger firm will have a higher ratio of total sales in the sector.

The "concentration ratio" is derived from the market shares. It gives the sum of market shares of the few largest firms in the sector, and is a measure of market power. It is not the correct choice in this case.

4 0
3 years ago
Johanna wants to start saving for a vacation and plans to put four annual deposits of $1200 each into an account earning 5 perce
abruzzese [7]

Answer:

$5,430.76

Explanation:

For this question, we use the Future value formula that is shown on the attachment. Kindly find it below:

Data provided in the question

Present value = $0

Rate of interest = 5%

NPER = 4 years

PMT = $1,200

The formula is shown below:

= -FV(Rate;NPER;PMT;PV;type)

So, after solving this, the future value is $5,430.76

8 0
3 years ago
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