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3 years ago

Occurs when people give up something in order to receive something that they would rather have?

Business

1 answer:

kap26 [50]3 years ago

3 0

That would probably be trade. :)

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Poeple who own operate and take on the financial risk of operating a business are called?

NARA [144]

Answer:

Entrepreneurs. people who own, operate, and take the risk of a business venture.

6 0

3 years ago

Evergreen Corporation distributes land with a fair market value of $200,000 to its sole shareholder. Evergreen's tax basis in th

Lady_Fox [76]

Answer:

True

Explanation:

As for calculating the gain or loss on distribution of any asset, in any case the company shall consider the fair market value at the time of distribution, and accordingly, the gain or loss shall be:

Fair market value - Tax basis of such asset.

Here, in the given instance

Fair market value of land = $200,000

Tax basis of land = $50,000

Thus, gain on distribution = $200,000 - $50,000 = $150,000

This will not be different in any case, whether the earnings are positive or negative.

Therefore, the statement is True

4 0

3 years ago

The one-year interest rate over the next 10 years will be 3%, 4.5%, 6%, 7.5%, 9%, 10.5%, 13%, 14.5%, 16%, and 17.5%. Using the e

Alja [10]

Answer:

Explanation:

interest rates on a three-year bond =(int in year1+int in year2+int in year3)/n = (3+4.5+6)/3 =4.8%

interest rates on a six-year bond = (3%+4.5%+6% +7.5%+ 9%+ 10.5%)/6 = 7.35%

interest rates on a nine-year bond = (3%+4.5%+ 6%+ 7.5%+ 9%+ 10.5%+ 13%+ 14.5%+16%)/9 =10.23%

So, int rate on a 3 year bond is 4.8%; on a 6 year bond is 7.35%; on a 9 year bond 10.23%

5 0

3 years ago

Professional skepticism can best be defined as having:

LiRa [457]

Answer:

A. An inquiring mind and suspension of belief is the correct answer.

Explanation:

Professional skepticism is an inquiring mind that includes critical evaluation, questioning, and staying alert to situations that may indicate possible error because of fraud and mismanagement and also an important evaluation of audit data.
The elements of professional skepticism are questioning mind, autonomy, suspension of knowledge,interpersonal judgment, search for information, and self-esteem.

Professional skepticism performs an important role in the audit and we need professional skepticism to maintain an audit of the expectation.

5 0

3 years ago

Each week you drive 150 miles your car gets 25 miles to the gallon and gas prices are three dollars per gallon how much money wi

Flura [38]

Total cost = $3 / gallon (150 miles / (25 miles/gallon)) =<span> $18</span>

6 0

3 years ago