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Kay [80]
3 years ago
6

Ralph gives his daughter, angela, stock (basis of $8,000; fair market value of $6,000). no gift tax results. if angela subsequen

tly sells the stock for $10,000, what is her recognized gain or loss?
a. $10,000



b. $4,000



c. $0



d. $2,000



e. none of these choices are correct.
Business
2 answers:
IgorLugansk [536]3 years ago
7 0

Answer: D. $2000

Explanation:

Profit (gain) = selling price - cost price

Cost price = $8000

Selling price = $10000

Profit (gain) = $10000 - $8000

= $2000

Andreas93 [3]3 years ago
6 0

Answer:

D) $2,000

Explanation:

Angela's basis on the stocks will be the same as her father's. Since she sold the stocks, her basis will be $8,000, so her recognized gains will = selling price - basis = $10,000 - $8,000 = $2,000

The IRS allows the donee (Angela) to use the doners (Ralph) basis when selling an asset received as a gift in order to determine the realized gain/loss.

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Nelson Company's Radio Division currently is purchasing transistors from Charlotte Co. for $3.50 each. The total number of trans
melamori03 [73]

Answer:

The range of possible transfer is $ 3.25 to $ 3.50

Explanation:

Data provided:

The purchasing cost of the transistor = $ 3.50

The total number of transistors needed = 8,000

The production cost of the transistor = $ 4.00

The included variable cost = $ 3.25

The included fixed cost = $ 0.75

Now,

the fixed cost cannot be altered, thus it will be there

hence,

the variable cost will be the factor that will evaluate the decision i.e $ 3.25

therefore, the <u>range of possible transfer is $ 3.25 to $ 3.50</u>

3 0
3 years ago
Label each of the following scenarios with the correct combination of price change and quantity change. In some scenarios, it ma
ZanzabumX [31]

Explanation:

Classifying of each situation with the correct combination of change in price and quantity:

a. On a hot day, both demand for lemonade and supply of lemonade increase - Pp? Q increase

b. On a cold day, both demand for ice cream and the supply of ice cream decrease -  Pp? Q decrease

c. When Hawaii's Mt. Kilauea erupts violently, the demand on the part of tourists for sightseeing flights increases but the supply of pilots willing to provide these dangerous flights decreases- P increase Qq?

d. In a hot area of Arizona where they generate a lot of their electricity with wind turbines, the demand for electricity falls on windy days as people switch off their air conditioners and enjoy the breeze. But at the same time, the amount of electricity supplied increases as the wind turbines spin faster - P decrease Qq?

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3 years ago
_______________ are a category of websites that contain personal profiles and that may offer dating or other such services that
gladu [14]
Social media accounts? I'm pretty sure
8 0
3 years ago
Nonverbal communication is often referred to as body language.<br><br> True<br> False
Paraphin [41]

True!

Why?

Well, non-verbal communication is talking, but without words. It includes of body language, think of sign language, you use your hands. :)

Please award brainliest if I helped you, if not........ oh, well.

Stay happy

4 0
3 years ago
Read 2 more answers
Which problems does Jason seem to face as an entrepreneur? Jason currently runs a small manufacturing business. Jason's parents,
V125BC [204]

Answer:

driven,passion

The main problem is that Jason is not . DRIVEN , energetic enough to succeed in the manufacturing business because he lacks PASSION for it.

Explanation:

Check the question here;

Which problems does Jason seem to face as an entrepreneur? Jason currently runs a small manufacturing business. Jason’s parents, who ran the business for years, handed over the business to their only son two years ago. However, Jason is not interested in his family business, and his performance as an entrepreneur has been very poor. The main problem is that Jason is he's not 1. competitive 2. driven 3. energetic enough to succeed in the manufacturing business because he lacks the 1. passion 2. creativity 3. determination for it.

✓The main problem is that Jason is not "driven"

To be successful as entrepreneur, one must be driven, a goal-oriented, portrait some consistent set of personality traits, one must be able to set goals and be driven by it in order to be successful, and thsese are what Jason lacks,

✓Jason is not energetic enough to succeed in the manufacturing business because he lacks the " passion"

Passion is the compelling or strong feeling for particular thing/work/entities. It gives some inner energy to someone towards acheiving his goal. This is what Jason lack that made him not to succeed in his manufacturing business.

6 0
3 years ago
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