Answer: a. $35000
b. $20000
c. $20000
Explanation:
a. The realized gain will be:
= Fair market value - Adjusted basis
= $55000 - $20000
= $35000
b. The basis for LLC Interest will be will be thesame as the adjusted basis which will be $20000
c. The LLC basis for the contributed property will be $20000 as it's the cost of the adjusted basis .
=
Answer:
Equilibrium output will rise by <u>$10,000.</u>
Explanation:
Marginal propensity to consume (MPC) shows the change in the amount consumption expenditure by consumer as a result of change in the national income.
In order to calculate the amount by which equilibrium output will rise, we need to first calculate the multiplier as follows:
Multiplier = 1 / (1 - MPC) = 1 / (1 - 0.9) = 1 / 0.1 = 10
Since we also have:
Amount of rise in government spending = $1,000
Therefore, we have:
Effect $1,000 rise in government spending on equilibrium output = Amount of rise in government spending * Multiplier = $1,000 * 10 = $10,000
Therefore, equilibrium output will rise by <u>$10,000</u>.
Answer:
c. IBM issues 2,000,000 shares of new stock and sells them to the public through an investment banker
Explanation:
The primary market is the market when for the first time the new securities such as shares, stocks, etc. are being provided to the general public or we can refer initial public offer. The initial public offer is an illustration of the primary market
Whereas the secondary market is the market where the shares are bought or sold through the investors after they are provided to the general public.
For examples-New York Stock Exchange (NYSE), etc.
Answer:
B. Judger
Explanation:
The Myers-Briggs personality trait describes the Judger as people who are coordinated and have a structured way of carrying out tasks and achieving their objectives. They are mostly organised and structured in their lifestyles.
Therefore, the attributes noted in Dennis, best describes him as a Judger according to Myers-Briggs personality trait