Answer:
The answer is a. The project will utilize some equipment the company currently owns but is not now using.
Explanation:
If you look at all the other options that are listed here, they either are a significant sum to the company or has a significant the opportunity cost. In this one, company uses idle assets and therefore bears no opportunity cost.
Answer:
The recognized gain or loss of Bud is $2,000
Explanation:
The aggregate market value is computed as:
Aggregate market value = Fair market value + Cash
= $28,000 + $2,000
= $30,000
The recognized loss or gain of Bud is computed as:
Recognized gain or loss = Aggregate market value - Fair market value
= $30,000 - $28,000
= $2,000
So, it is a gain of $2,000
Answer:
i think it is the 3rd one I'm not sure but I need help on one of mine and it would be really good if you can help me I will appreciateit