Answer:
$24,000
Explanation:
The computation of the adjusted basis in the land after the exchange is shown below:
= Adjusted basis at the time of exchange + additional amount given
= $20,000 + $4,000
= $24,000
We simply added the Adjusted basis at the time of exchange and the additional amount so that the accurate value can come.
And the other information which is given in the question is not relevant. Hence, ignored it
Answer:
The correct option is (B)
Explanation:
A strategic equity alliance is made when one organization buys a specific value level of the other organization. When Candy bought 30% of the value in Dreamcatcher Inc., an equity alliance was formed. In this type of alliance, one company buys ownership of another company, but that other company does not pool in the resources and cannot claim ownership. This type of alliance is commonly done to improve the business cycle and slow growth.
I bond interest is calculated using so-called composite rates based on a fixed interest rate and an inflation-adjusted rate, which we describe in depth below. I bonds earn interest monthly, though you don't get access to the interest payments until you cash out the bond.
<h3>How long do I bonds earn interest?</h3>
I bonds earn interest for 30 years unless you cash them first. You can cash them after one year.
But if you cash them before five years, you lose the previous three months of interest.
<h3>Is an I bond a good investment?</h3>
The annualized rate on the I bond is a record 9.62% through October 2022. “This is a fabulous investment,” said Orman, who started investing in I bonds in 2001. Backed by the U.S. government, the bond doesn't lose value. Its variable rate is set every May and November.
Learn more about bonds interests here:
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brainly.com/question/25965295</h3><h3 /><h3>#SPJ4</h3>
Answer:
cash income paid to a day laborer that is not reported to the tax authorities
Explanation:
GDP stands for Gross domestic product. It is the monetary value of all finished goods and services made within a country during a specific period.
It is calculated as GDP = private consumption + gross investment + government investment + government spending + (exports – imports).
Hence, cash income paid to a day laborer that is not reported to the tax authorities will not be included in GDP
