Answer:
Which party to the exchange must pay boot to make the exchange work?
- Rufus must pay boot since the FMV of its property is less than the FMV of Hardy's property.
How much boot must be paid?
- $90,000 - $77,500 = $12,500
Assuming the boot payment is made, how much gain or loss will Rufus realize and recognize on the exchange, and what tax basis will Rufus take in the property acquired?
- Rufus doesn't have any gain, and the tax basis for the new asset will be $50,000 + $12,500 = $62,500
Assuming the boot payment is made, how much gain or loss will Hardy realize and recognize on the exchange and what tax basis will Hardy take in the property acquired?
- Since Hardy's property basis is $60,000 and it would be receiving $50,000 (Rufus's property) + $12,500 = $62,500, then it must recognize a $2,500 gain. The basis of Hardy's new property will be $62,500.
Entrepreneurs help the nation by creating new and unique businesses (which can increase profit and employment), they add to national income, and they create social change.
The opportunity cost of a cup of coffee is $4.
weekly income = $40
The price of a cup of coffee = $4
The price of a subway ticket is $2
Theopportunity cost of particular interest is the cost or advantage given up via carrying out that activity, relative to conducting an alternative pastime. more truly, it approaches if you chose one activity (for example, the funding you're giving up the possibility to do a one-of-a-kind alternative. The most reliable interest is the one that, net of its possible cost, provides a greater return compared to every other sport.
As a representation opportunity cost of the relationship between shortage and preference, the objective of possible value is to ensure the efficient use of scarce sources. It includes all related charges of a choice, both explicit and implicit. opportunity cost additionally includes the utility or monetary gain a character misplaced, if it's miles indeed more than the eco geo or actions taken
Hence, The opportunity cost of a cup of coffee is $4.
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Answer:
C) $8,000
Explanation:
The budgeted cost of goods sold should include all the estimated or budgeted expenses that the sporting goods company incurs when purchasing their merchandise. In this case, it must include the cost of the beginning inventory + monthly purchases - cost of ending inventory = $3,000 + $7,000 - $2,000 = $8,000. The COGS also shows their expected sales.
That statement is true.
A time clock would is mostly used to record the time when employees are coming in and coming out.
To record an accurate time on the job, most companies use a time tracking software, which would record the time when employees are typing something and moving the cursors and taking screenshots of the employee's screen on the same time.
