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oksano4ka [1.4K]
2 years ago
10

A man bought a horse for $60 and sold it for $70. Then he bought it back for $80 and sold it for $90. How much did he make or lo

se in the horse trading business?
Business
1 answer:
Rasek [7]2 years ago
8 0

Answer:

the man made a profit of 20$ and a loss of 10$

Explanation:

for the profit you get it by subtracting the selling price from the buying price

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mr_godi [17]
I can get you caught up in a lot of lies
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While working in the yard, Tina found a beat-up ring. Becca, an eighteen-year old neighbor, came over to visit and liked the rin
andreev551 [17]

Answer:

The correct answer is letter "B": A gift inter vivos.

Explanation:

A gift inter-vivos refers to the transfer of a property from one party to another while the donor is alive. This transfer must be celebrated through a written agreement providing the beneficiary absolute ownership of the property. In such a case, the donor cannot request the property back and gives up any right over it.

The beneficiary must accept the gift for the transfer to be complete and if the property has value, the beneficiary will accept it as well.

<em>The issue between Tina and Becca relies on not having signed any document for the transfer of the diamond ring but they are involved in an inter-vivos gift.</em>

8 0
3 years ago
Maso Company recorded journal entries for the issuance of common stock for $200,000, the payment of $65,000 on accounts payable,
cricket20 [7]

Answer:

Increase of $95,000

Explanation:

Stockholder equity: It records the issue of shares, retained earnings, and deduct the dividend amount if declared.

The expenses which are related to the business is directly or indirectly affect the stockholder equity.

So, the net effect is shown below:

Issuance of common stock = $200,000

Less - Payment of salaries expense = $105,000

So, the net effect would be equal to

= $200,000 - $105,000

= $95,000

The accounts payable does not affect stockholder equity. So, it would not be considered.

This $95,000 would increase stockholder equity.

7 0
3 years ago
What challenges may arise if a U.S. project manager moves to a foreign country to manage a project for 5 years
inna [77]

Answer and Explanation:

The challenges that occurs is as follows;

1. Adaption of an outside atmosphere

2. Language related problem

3. Every person have different kind of understanding skills that is difficult also it must be adopted for explaining the project to the other people

So as per the given statement, the above represent the challenges that arise in the case when the project manager shifted to a foreign country for managing a project of 5 years

3 0
3 years ago
"if you change the units of one of the variables, the value of correlation will increase or decrease. "
brilliants [131]
That statement is False

If we change units in one of the variables the value increase, decrease, or stay the same
The value of the correlation is the result of the interractions of all the units in that variable, so changing onle one of the variables does not necessarily change the end result of the value.
7 0
3 years ago
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