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Ivanshal [37]
3 years ago
13

An individual buys stock at $40 per share. Many years later, the individual dies when the market value is $60. The estate distri

butes the shares to a beneficiary when the stock is worth $70. What is the cost basis to the beneficiary
Business
1 answer:
marissa [1.9K]3 years ago
3 0

Answer:

$60

Explanation:

An individual buys stock at $40 per share. Many years later, the individual dies when the market value is $60. The estate distributes the shares to a beneficiary when the stock is worth $70. Therefore the cost basis to the beneficiary is

The cost basis by definition is usually equal to the fair market value of the property or asset at the time of the decedent's death or when the actual transfer of assets was made.

However for the purpose to be served to reduce the tax due on the inheritance, we have chosen to opt for the fair market value of the property or asset at the time of the decedent's death which is $60

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Consider two countries' situations: Country A can produce either six automobile ror twelve movies with the same amount of resour
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Answer:

The theory of comparative advantage says that nations should yield and trade only those merchandises in which they have a reasonable advantage i.e. which they are specialize in.

To compute the comparative advantage of two nations A and B, let us first compute the opportunity cost of making movies and vehicles in each.

Country A:

Opportunity cost of making 1 automobile = 2 movies

Opportunity cost of making 1 movie = 1/2 automobile

Country B:

Opportunity cost of making 1 automobile = 8/5 movies

Opportunity cost of making 1 movie= 5/8 automobile

Since the prospect cost of making an automobile is lesser in Country B and the prospect cost of making movies is lesser in country A, thus Country A would make movies and country B would make automobiles.

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3 years ago
Callaghan motors' bonds have 10 years remaining to maturity. interest is paid annually; they have a $1,000 par value; the coupon
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My answered be 20,000
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3 years ago
In economic terms, the long-run monetary benefits of doing business in a country are based on the size of the market, the presen
Nana76 [90]

Gross domestic product is one of the factor that aid the long run monetary benefit in business.

<h3>What is Gross domestic product?</h3>

Gross domestic product refer to the the overall monetary or market value of all thecompleted goods and services that is manufactured within a specific country at a period of time.

It is the overall measure of overall domestic production, it help the to know if the country is okay or not.

It help to estimate the size of the economy.

To calculate, GDP

GDP = Consumption + investment+ government spending + net worth.

Therefore, Gross domestic product is one of the factor that aid the long run monetary benefit in business.

Learn more on Gross domestic product from the link below.

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2 years ago
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3 years ago
The difference between a divine command view and authoritarian view is that the authority figure is different. true or false?
taurus [48]

The difference between a divine command view and authoritarian view is that the authority figure is different-Yes the statement holds true

Explanation:

<u>In a Divine Command of View</u>

we often come across statement like -"I would do what God or the scriptures say is right'

As per this point of view the  right and wrong are determined by a supernatural supreme being, whose will we discern from sacred texts and divinely inspired messengers.

<u>Authoritarian View</u>

An example of Authoritarian view is sentence like " I would follow the advise of an authority"

According to this view  the  right and wrong is decided by the authorities.The power of taking decision rest in the hands of a particular authority.

Downside of this view is that : authorities do not always reflect wisdom and not all authorities agree.

As you can see that the difference between the two view point is the authority figure.So the answer is True

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3 years ago
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