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malfutka [58]
3 years ago
11

Kerry wants to start a business to sell handmade jewelry. She is very competent at making the jewelry and teaching others to mak

e it, and she has saved a reasonable amount of money to start the business. Who of the following would make the best partner for Kerry?
A) Bailey, an artist with a real flair for new-age jewelry design
B) Ashley, Kerry's best friend who is fun to hang out with and good at solving problems
C) Natalie, who has business experience with accounting, management, and marketing
D) Janette, who used to work at the jewelry counter at a department store
E) Darla, an engineer with industrial management experience but no money
Business
1 answer:
torisob [31]3 years ago
3 0
Your answer is.......C) Natalie, who has business experience with accounting, management, and marketing
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Jada converted her personal residence to rental property in 2018. She purchased the property in 2014 for $110,000, of which $10,
creativ13 [48]

Answer:

a)Jada's basis for depreciation in the property is NIL.

b) Personal property that has no intrinsic value is called 'INTANGIBLE PROPERTY'.

Explanation:

Due to a decline in the property values over the past few years Jada has converted her personal residence to rental property and/or investment property which is a subject dealt within IAS 40 (Investment property).

According to IAS 40 an investment property is land or building held to earn rentals or for capital appreciation or both rather than use in the entity. IAS 40 requires to initially measure investment property at cost and subsequently may either measure at cost or fair value model. Fair value is normally established by prevailing market prices.

IAS 40 also mentions that if an asset is revalued to fair value the gain and loss should be recorded in statement of profit and loss and 'NO DEPRECIATION IS CHARGED ON THE ASSET AFTER THE FAIR VALUE MEASUREMENT'.

Therefore, following the instructions laid out by IAS 40 Jada's basis for depreciation in the property is NIL.

2) Personal property with no intrinsic value:

Personal property that has no intrinsic value is called 'INTANGIBLE PROPERTY'.

Lets first understand what intrinsic value is. Intrinsic value of an asset refers to the market led and/or market-driven price of that asset. This means those assets which don't have an active market for sale and purchase will have no intrinsic value. This is absolutely the case with intangible assets, because most intangible assets are unique and uncommon, such as, GOODWILL, PATENTS, COPYRIGHTS, therefore due to the uniqueness and exclusivity of such assets an active market place doesn't exist therefore it's hard to determine an intrinsic value for such kind of assets/ properties.

5 0
3 years ago
What are the rules of a male and a female at home?​
ad-work [718]

Answer:

male is the protector female is a light for their house male is the foundation of there house they provide everything thats a male work female helping dou house hold things comport there husband understand.

4 0
3 years ago
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Dave harris has just purchased a bond with a face value of $1,000 that pays 6 percent. the purchase price of the bond was $900,
Vilka [71]
The yield of maturity for this bond is "8.4 percent".
We can calculate this in the following way;
<span>Yield to maturity = YTM = {($1,000 x .06) + [($1,000 - 900)/5]}/[($900 + $1,000)/2]
=(60 + 20) / (950)
=80/950
=0.084 
=0.084 x 100
= 8.4 percent</span>
8 0
3 years ago
The total value of all productive assets multinational enterprises own and control abroad through investment is known as the rel
Sladkaya [172]

Answer:

False

Explanation:

When <u>a multinational organization owns and controls productive assets in foreign countries through investment</u>, it is known as Foreign Direct Investment (FDI) and NOT relative efficiency of production.

FDI may be carried out through mergers and acquisitions, joint ventures and building facilities in other countries.

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3 years ago
Assume that the CEO of a company gave you the project charter specifying your authority, among others to work on an initiative p
viktelen [127]

Answer:

Characterize a project based on the above narration and distinguish the project manager from an operations manager?

Explanation:

4 0
3 years ago
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