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PSYCHO15rus [73]
3 years ago
5

Sarah exchanges a building and land (used in her business) for Tyler’s land and building and some equipment (used in his busines

s). The assets have the following characteristics. Adjusted Basis Fair Market Value Sarah’s real property $120,000 $300,000 Tyler’s real property 60,000 220,000 Equipment 50,000 80,000 What are Sarah’s recognized gain or loss and basis for the land and building and equipment acquired from Tyler

Business
1 answer:
oksano4ka [1.4K]3 years ago
5 0

Answer

The answer and procedures of the exercise are attached in the following image.

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

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If short-run marginal cost and average variable cost curves for a competitive firm are given by SMC = 2 + 4Q, and AVC = 2 + 2Q,
sukhopar [10]

Answer:

units of output  = 2 units

fixed cost = 8

Explanation:

given data

SMC = 2 + 4Q

AVC = 2 + 2Q

to find out

how many units of output will it produce at a market price and what level of fixed cost will this firm earn zero economic profit

solution

we know here that  under perfect competition

so at the equilibrium here Price (P)  will be = MC

P = MC = 10

and

SMC = 2 + 4Q ,

P = 2 + 4Q

10 = 2 + 4Q

Q = 2 units

and

at zero economic profit we get

TR = TC    

TR = P × Q

TR = 10 × 2

TR = 20

so

TC = TFC + TVC

20 = TFC + 12    

TFC  = 8

because here [ TVC = AVC × Q ]

[ TVC = (2 + 2 × 2) × 2 ]  

[ TVC = 12 ]

8 0
3 years ago
Hannah allowed her friend Carol to borrow her laptop computer for a week during Thanksgiving Break. During that time Carol, with
prohojiy [21]

Answer:

Yes, these facts  are valid against Hannah which comes under Ratification Doctrine.

Explanation:

Here in the question its given that Hannah had allowed her friend to lend her computer for a one week period which was during her thanks giving break.

During those times Carol sold that laptop to a friend which was one of them in their class without asking hannah about this.

Now when after the break hannah and carol both return then carol told her that she had sold her laptop because she was getting an amount from the buyer which was too good to pass up so shesold it that moment.

Now when she gave that money to Hannah she instead of scolding her thanked her and her expression was seeming to be like she had done an awsome job for her.

So, based on the facts the contract was valid because it came under Ratification Doctrine.

6 0
3 years ago
What is the range of useful life estimates that Tesla provides for office furniture, machinery and equipment in the 2013 10-K?a.
MAXImum [283]

Answer:

The correct answer is letter "B": 3 to 12 years.

Explanation:

American car maker Tesla, Inc. specializes in manufacturing electric-fueled autonomous driving vehicles. Founder and Chief Executive Officer (<em>CEO</em>) Elon Musk is also the chief engineer and designer for most revolutionary Tesla car models. When it comes to its 2013 10-K United States Securities and Exchange Commission form, Tesla submitted a <em>3 to 12 years estimated depreciation for office furniture, machinery and equipment, 3 years for computer equipment and software, </em>and <em>30 years for building and building improvements.</em>

3 0
3 years ago
"The spot price of the market index is $900. A 3-month forward contract on this index is priced at $930. What is the profit or l
Mademuasel [1]

Answer:

$10 profit

Explanation:

In this question, we are asked to calculate the profit or loss to a short position.

Firstly, we identify that the spot price of market index is $900.

Now, a three months forward contract equals a value of $930.

Raising the index to $920 at the expiry date is obviously a profit to the short position.

To calculate the profit here, we simply subtract the index at expiry date from the three months forward contract.

Mathematically, this is equal to $930-$920 = $10 profit

8 0
3 years ago
Which of the following securities could NOT have any benefits for diversification with your investment portfolio? a.Treasury bil
Lesechka [4]

Answer:

d.All of these choices would reduce risk for your portfolio and therefore show at least some benefit to diversification

Explanation:

Which of the following securities could NOT have any benefits for diversification with your investment portfolio? All of these choices would reduce risk for your portfolio and therefore show at least some benefit to diversification

4 0
3 years ago
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