Answer:
$11,000
Explanation:
The basis an investment refers to the asset's original value which is adjusted for capital distributions, stock slits, and dividends.
The J.D.'s basis in his Clampett, Inc. stock after all transactions in 2020 can therefore be computed by adjusting the original basis as follows:
Basis after all the 2020 transactions = Original basis or 1 Jan. 2020 basis + Allocated income - Distribution = $48,000 + $12,000 - $49,000 = $11,000
Therefore, .D.'s basis in his Clampett, Inc., stock after all transactions in 2020 is $11,000.
Complete Question:
Akram owns a small farm.He employs 80 workers in the field and has recently hired a manager to help him manage the farm. The income of the business varies greatly during the year. The farm makes a small profit but Akram is ambitious. He wants to take over a neighbors farm and increase the range of crops he sells. He thinks that he needs long-term finance and plans to take out bank loan to pay for the takeover. He has already borrowed money to buy a new tractor. A friend has advised him to form a company and sell shares.
Requirement. Identity two types of short-term finance Akram could use when the farm income is low
Answer with its Explanation:
The two types of short term finances are as under:
- Merchant Cash Advance: It is also known as supplier payables but in fact it is actually an cash advance by supplier to promote its sales by allowing credit for a short term. It doesn't what level of profits the company is earning, the supplier always allow small period for payment of its goods.
- Invoice Financing: It helps the company borrow money from money lenders (mostly banks) against the debtors accounts. This is usually a short term loan with option to expand both time and money if the company has proven to growth and better credit control. The invoice finacing doesn't effect the borrowings in short term if the business profits are low because for qualifying for such loan the company must have better cash postion. Though higher profits might help in securing the short term loan by using invoice financing but cash generation is the key requirement here.
Answer:
Shareholder
Explanation:
A person or business that’s is a partial owner of a company
Answer:
A
Explanation:
The Brundtland Report defines Sustainable development as "development that meets the needs of the present without compromising the ability of future generations to meet their own needs."
Answer:
The production range between 1120,000 and 150,000 is called Relevant range
correct option is c) relevant range
Explanation:
given data
normally produces = 120,000 to 150,000 units
to find out
The production range between 1120,000 and 150,000 is called
solution
The production range between 1120,000 and 150,000 is called Relevant range because there are 2 point
- if Craft, Inc. need to reduce fixed expenses then production volume is reduce less than 120000 unit
- if Craft, Inc. need to increase fixed expenses than production volume is increases more than 150000 unit
and if expected fixed expenses will not change than the production volume is 120000 units to 150000 units
so that production range between 1120,000 and 150,000 is called Relevant range
correct option is c) relevant range
