Answer:
$54,000 cost basis in ABC; $6,000 cost basis in DEF
Explanation:
The original cost basis is the price that was paid for the shares. This means that 1,000 shares at $60 each gives a cost basis of $60,000.
Now if the subsidiary DEF is worth 10% of ABC which has a cost basis of $60,000, then the share of DEF that customers will have will be 10% of $60,000.
(10÷100) x $60,000 = 0.1 x $60,000
= $6,000.
Now, if DEF is worth $6,000 (i.e 10%) of ABC, then ABC's worth will now be $60,000 - $6,000 = $54,000.
The original cost basis is that price that was paid for the shared initially. This means that it has no effect on the increase in value of the shares.
Cheers.
A supply curve for the car industry would show the quantity of cars supplied at different prices. The supply curve shows the relationship between the cost of a good or service and how much is supplied during that time. When you are looking at a supply curve, it will show you different prices that an item is sold or service supplied at.
Answer:
A. Documents fashion trends at different times in history.
Answer:
The proper answer is explained below.
Explanation:
To begin with, the statiscal hypothesis testing is considered to be a method of statistical inference in where the purpose is on the basis of observed data modeled as the realised values taken by a collection of random variables. This method is used by the companies in order to facilitate the decision making process so that the managers have more quality info closer to the hand when it comes to making a hard and important decision.
So to complete the process of testing hypotheses and comparing the results so that the forecasting is better then the managers will have to use this method and other ones and also to use programs and special systems so that the proper contrasting will take place according with the situation and all.
Answer:
$64,000 for Ramer and $96,000 for Knox
Explanation:
2. The partners agreed to share income and loss based on the initial investment of the partners. Therefore, we will get first the ratio based on the initial investment that the partners had contributed.
Ramer $60,000
Knox <u>$90,000</u>
Total $150,000
Kramer 60,000/150,000 = 40%
Knox 90,000/150,000 = 60%
After we get the agreed ratio, let's compute the allocation of the income. The share of the partners would be:
Kramer $160,000 x 40% = $64,000
Knox $160,000 x 60%) = $96,000