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2 years ago

Determine the adjusted basis of each of the following assets:

Business

1 answer:

Andru [333]2 years ago

8 0

Answer and Explanation:

The computation is shown below:

75% 25% 100%

Particulars Business Use Personal Use Total

Initial Basis $22,500 $7,500 $30,000

Less: Depreciation -$4,209 0 -$4,209

Adjusted Basis $18,291 $7,500 $25,791

Particulars Building Land Land Improvements

Original Cost $250,000 $80,000

Remodeling cost $8,000

Parking lot and sidewalks $12,000

Depreciation -$70,620 -$1,000

Adjusted basis $187,380 $80,000 $110,000

We simply classify the cost to each type of asset which is shown above

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You are trying to concentrate during an examination but you get distracted by the sound of another student tapping her pencil on

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Answer:1) Selective attention/comprehension.

Explanation: Information processing model is a model developed by cognitive psychologist to describe how humans manage Information,this model sees the human mind as a computer,it states that the human mind receives Information,stores and analyse it on a later time.

Selective attention is a concept in Psychology which describes the various steps or processes put in place to avoid unimportant, unnecessary and unwanted Information or Communication and focus fully on a selected Information or Communication.

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3 years ago

As the manager of a food store, your friend is trying to come up with ways of increasing sales of items that have a high profit

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Answer:

The correct answer is There will be no real change in the sales of those subliminally advertised items.

Explanation:

Subliminal advertising is one whose message is transmitted below the threshold of consciousness, whether using images, sounds or other techniques that are not readily noticeable. The objective of this type of advertising is to influence the wishes of consumers by generating impulses and needs that encourage them to buy or perform a certain marketing action, but without being aware of that influence.

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2 years ago

Assume that a consumer has a given budget or income of $12, and that she can buy 2) only two goods, apples or bananas. The price

Sauron [17]

Answer: 16 Banana's or 8 Apples

Explanation:

Budget constrain is a mathematical expression which shows us the quantity of goods that can be purchases at given prices and income. Since, income of the consumer is limited, he must allocate his consumption in a way that he can buy maximum goods at the given prices.

The budget constrain faced by the person is

$1.50*Q_{A} + 0.75*Q_{B} \leq 12$

If the person spends all his income on Apple's, he buys

$\frac{12}{1.50}$

= 8 Apples

If the person spends all his income on Banana's, he buys

$\frac{12}{0.75}$

= 16 Banana's

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2 years ago

Hunter Manufacturing Inc.'s December 31, 2009, balance sheet showed total common equity of $2,050,000 and 100,000 shares of stoc

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Answer:

$22.00

Explanation:

Book value per share = Total shareholder equity/ number of share outstanding

Total equity as of 31 Dec 2010 = total common equity at 31 Dec 2009 + net income of 2010 – paid out dividends in 2010 = $2,050,000 + $250,000 - $100,000 = $2,200,000

The book value per share at 12/31/10 = Total equity as of 31 Dec 2010/ number of share outstanding = $2,200,000/ 100,000 = $2200

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2 years ago

The existence of ending Work In Process Inventory necessitates the use of the 5minusstep process costing procedure. true or fals

tensa zangetsu [6.8K]

Answer:

The statement is: True.

Explanation:

The Work In Progress (WIP) Inventory represents the sources needed during the production of a good. While calculating costs for those sources it is necessary to follow the 5-steps of process costing which are the following:

1) Determine the flow of units generated.

2) Adjust the inventory to calculate the equivalent units.

3) Identify the total cost.

4) Calculate the average cost per equivalent unit.

5) Record these costs to finished units and Work in Process units.

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3 years ago