Answer:
-0.20
Explanation:
Cross price elasticity of demand measures the responsiveness of quantity demanded of good A to changes in price of good B.
If cross price elasticity of demand is positive, it means that the goods are substitute goods.
Substitute goods are goods that can be used in place of another good.
If the cross-price elasticity is negative, it means that the goods are complementary goods.
Complementary goods are goods that are consumed together
Cross Price elasticity of demand = midpoint change in quantity demanded / midpoint change in price
Midpoint change in quantity demanded = change in quantity demanded / average of both demands
change in quantity demanded = 16 million - 14 million = 2 million
Average = (16 million + 14 million) / 2 = 15 million
2 / 15 = 0.133
midpoint change in price = change in price / average of both price
change in price = 1 - 2 = - 1
average of price =(2 + 1) / 2 = 1.5
-1/1.5 = -0.67
0.1333 / -0.67
Answer:
Brett's outside tax basis in his LLC interest = $48,000
Explanation:
As per the data given in the question,
Cash = $6,000
Adjusted basis of building = $32,000
Debt of building = -$37,000
50% profit sharing ratio × $52,000 = $26,000
Now recourse mortgage - adjusted basis = ($37,000-$32,000)
= $5,000
Remaining mortgage on building = 50% × $32,000
= $16,000
Brett's outside tax basis in his LLC interest = $48,000
Answer:
The correct answer is letter "A": I and III.
Explanation:
A Hedge Fund is a private investment fund that markets itself almost exclusively to wealthy investors. They are aggressive risk-seeking investment funds that typically use leverage to magnify returns. Hedge funds are not subject to the Investment Company Act of 1940 and profits usually from an annual management fee (usually 2%). Besides, most hedge funds charge a performance fee based on profits earned.
Unique because of you try to imitate them you could possibly come off as a rude person or someone that doesn't get a long with. I change it around others. Depending who I am with it is different. I know what annoys them. When you know someone's dislikes and likes you try and ignore the traits of what they don't like. Say if they hate whispering but you usually whisper you would try and talk louder. You try and shape your personality so you don't annoy the other person or they don't like you. You follow what they say and you don't argue with them or at least try not to. If it's avoidable then avoid it. But if they have an opinion but you do not agree on it you respect it. But if it's not then you work together on it. If you want a relationship with someone you try and fit with their needs and they should too. Both should respect each other, their choices and what they dislike or like.
Answer:
$575,000 for patent 1 only
Explanation:
Patent 1 Patent 2
Purchase price 500,000 200,000
Legal & filing Fees 25,000 20,000
Legal fees for successful defense 50,000 0
Total Capitalization Cost 575,000 0
Only patent 1 will be capitalized with value of $575,000 as its right was successfully defended. Where as the patent 2 will not be capitalized as it is useless and has no value at year end.
