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EastWind [94]
3 years ago
13

Martha inherited a cottage from her father with a basis of $50,000 and a FMV of $78,000. When Martha died, her son, Noah, inheri

ted the cottage, now worth $110,000. Which of the following statements is true? O Martha's basis was $78,000 and Noah's basis is $110,000.
O Martha's basis was $50,000 and Noah's basis is $78,000
O Martha's basis and Noa's basis remain at the original basis of $50,000.
○ If Noah sells the property, his basis is $110,000, but his basis for depreciation is S50.000.
Business
1 answer:
motikmotik3 years ago
8 0

Answer: Marthas Basis was $78000 and Noahs basis is $110000

Explanation:

Property appreciates over time when valuated every year periodically so they have evaluated the value of the cottage so if martha were to sell it in her times it would have been sold at a price of $78000 cause thats the fair market value of the cottage so now for noah if he decides to sell the cottage it will be valued at $110000 so he will have to sell it at that market price or above that market price to profit, the fair market value values a property on the basis of its value inclusive of inflation that have affected prices over the years.

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The correct answer is D) attributes.

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Neptune LLC knows that to be productive, it has to hire accountable employees that are efficient and productive. To do this, employees need to know from the first day at work, what are their responsibilities and the way they are going to be evaluated. Otherwise, they are going to do what they know, but probably not following the attributes that the company demands That is why the company establishes guidelines regarding the resources and capabilities that they should invest their company's money and time in. Employees do not need to have any doubt about the attributes of the company and they should know what is expected of them.

5 0
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horrorfan [7]

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Explanation:

Real GDP per capita is the Real GDP divided by the population of the country.

Real GDP per Capita 2018

= 1,150,000,000/ 10,080,000

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Real GDP per Capita 2019

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Percentage Change

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5 0
3 years ago
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natta225 [31]

Answer:

1. Giving employers the right and the necessary tools they need to make good business decisions that can improve the company's efficiency.

2. Reward outstanding achievements and encourage everyone to think outside the box as well as being productive.

3. Creating a challenging and interactive environment for everyone.

4. Inspiring everyone to do their best and let them know that they will certainly be rewarded.

Explanation:

Giving employers the right and the necessary tools they need to make good business decisions that can improve the company's efficiency. Reward outstanding achievements and encourage everyone to think outside the box as well as being productive. Creating a challenging and interactive environment for everyone. Inspiring everyone to do their best and let them know that they will certainly be rewarded.

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Answer:

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4 0
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