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Sever21 [200]
3 years ago
10

May Co. and Sty Co. exchanged nonmonetary assets. The exchange did not culminate an earning process for either May or Sty (the e

xchange lacked commercial substance). May paid cash to Sty in connection with the exchange.The book value of the asset exchanged exceeded its fair value for both firms. Therefore, a loss on the exchange should be recognized by1. May Sty2. Yes Yes3. Yes No4. No Yes5. No No
Business
1 answer:
Setler [38]3 years ago
5 0

Answer:

Yes Yes

Explanation:

The fair value of each asset is less than book value implying that both firms have a loss. Losses are recognized in full regardless of whether there is commercial exchange.

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When a firm can _____ its capital equipment over a shorter period, it cuts its taxes _____. appreciate; later appreciate; now de
Andre45 [30]

When a firm can depreciate its capital equipment over a shorter period, it cuts its taxes now.

A capital asset's value dropping is referred to as capital depreciation. To determine the recovery cost incurred on fixed assets over the course of their useful lives, assets are depreciated. When the asset reaches the end of its useful life or you need to sell it, this is used as a sinking fund to replace it. Depreciation lowers the taxable income, which lowers the tax burden. Capital assets are listed as an asset on the balance sheet and are depreciated over the course of their useful lives. Businesses typically have to spread out the costs of capital investments over a number of years in accordance with predetermined depreciation schedules.

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8 0
2 years ago
What term did Karl Marx use to describe the dissatisfaction and unrest felt by workers when they are separated from the ownershi
AVprozaik [17]

Answer:

"alienation"

Explanation:

Karl Marx was a German philosopher born in Trier, Germany on May 5, 1818. According to my research on studies by Karl Marx, I can say that based on the information provided within the question the term used to describe this is called "alienation".

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
3 years ago
In a Cournot duopoly, we find that Firm 1's reaction function is Q1 = 50 - 0.5Q2, and Firm 2's reaction function is Q2 = 75 - 0.
ElenaW [278]

Answer:

A) Q1 = 20 and Q2 = 60

Explanation:

Please find the attached file with the solution.

Download docx
4 0
3 years ago
A single bond with a face value of $1,000 has a stated annual interest rate of 7.6%. The last bond traded on this day was 98.45%
Drupady [299]

The cost of the bond at costing is $984.50.

<h3>What is a bond?</h3>
  • A bond is a type of financial security in which the issuer (the debtor) owes the holder (the creditor) a debt and is obligated to repay the principal (i.e. amount borrowed) of the bond at the maturity date as well as interest (called the coupon) over a specified period of time, depending on the terms.
  • Interest is usually paid at regular intervals (semiannual, annual, and less often at other periods).
  • As a result, a bond is a type of loan or IOU.
  • Bonds provide the borrower with external funds to finance long-term investments or, in the case of government bonds, current expenditures.

To determine the cost of the bond at costing:

  • $1,000 is the face value.
  • Multiply this by the closing rate to find the cost of the bond at closing.
  • $1,000 × .9845 = $984.50

Therefore, the cost of the bond at costing is $984.50.

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7 0
2 years ago
Firms will typically maintain a list of research and development projects ranked by expected rate of return. Expected rate of re
ddd [48]

Expected rate of return is defined as the amount of money an individual gets on investment.

<h3>What is expected return?</h3>

The expected return is the amount of profit or addition on money invested that an individual who is an investor is expected to get after a periods of time on the investment.

Therefore, expected rate of return is defined as the amount of money an individual gets on investment.

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4 0
2 years ago
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