Answer:
$20,000.
Explanation:
The adjusted basis value and fair market value are used to determine an asset's worth.
The adjusted basis value simply describes the amount a property owner has invested in his or her asset. It equals the cost of acquiring the property plus the cost of maintaining it.
Fair market value of a business or asset is the general calculation to determine the value of an asset if it were to be sold.
A casualty is a sudden, unexpected, or unusual loss or damage to one's property. Examples are: hurricane, fire, tornadoes, flood, storm, car accidents e.t.c.
In case of a casualty, where the property was totally destroyed, the adjusted basis value will be calculated or used as the owner's loss.
Therefore, in Ann's case, where her business drying cleaning machine was destroyed by fire, her loss is her adjusted basis value which is $20,000.
Explanation:
Problem-Solving Teams is the right one hahahahahahahabaha
Answer:
Penetration pricing is a pricing strategy where a company charges less than its competitors in order to entice its competitors' customers to patronise them instead.
Competitive pricing on the other hand will see a company charging the same price as its competitors.
Benefits of using Penetration pricing over Competitive
- Reduce competition - If the company engaging in penetration pricing is large enough with more influence in the market, charging less than competitors might lead to competitors leaving the market as the prices will be too meagre for them to cover costs.
- Market Dominance - using penetration pricing can lead to customers moving from the competitors to the company using penetration pricing thereby giving that company market dominance.
- Economies of scale - Penetration pricing allows the company to sell more quantity of its product which means that it will have to produce more and this will reduce average costs for the company.
Risks involved
- Price War - There is a risk of a price war if a company uses penetration pricing. A price war happens when a company reduces its prices and their competitors react by reducing their own prices as well. It might led to a situation where this continues until all the companies are making significant losses.
- Brand Image damage - Cheaper products are usually perceived as having lower quality. Reducing prices might see customers believing instead that the brand is poor and so they may avoid it.
- Attracts low loyalty - The customers gained through this strategies most often have little brand loyalty and when a better deal comes than the one they are being offered in that moment, they will leave.
10 oz cup coffee - 95 cents.
14 oz cup coffee- $1.15.
20 oz cup coffee- $1.50.
busy period.
served 20 cups of coffee.
324 ounces.
collecting $25.70.
20 oz + 14 oz + 10 z = 44 oz. = 3.60.
x 5 = x 5 = x 5=
100 oz= 70 oz= 50 oz=
$7.50. + $5.75. + $4.75 = $18. + $1.50 = $19.50 + $1.15 = $20.75 + $0.95= $21.70 + $1.15 = $22.85 + $1.50 = $24.35 + $1.15 = $25.70.
20 cup = 7 cups.
14 cup= 8 cups.
10 oz= 6 cups.
Answer:
Total capital gain will be $1360800
Explanation:
We have given EPS = $4.20
Total number of shares = 2000000
So total Net Income = EPS x No. of shares = $4.20 x 2000000 = $8,400,000
Dividend = 60% x 8,400,000 = $5040000
25% shareholder participated in dividend reinvestment
So Capital raised = 27% x $5040000 = $1360800
So total capital gain will be $1360800