Answer:
$60
Explanation:
An individual buys stock at $40 per share. Many years later, the individual dies when the market value is $60. The estate distributes the shares to a beneficiary when the stock is worth $70. Therefore the cost basis to the beneficiary is
The cost basis by definition is usually equal to the fair market value of the property or asset at the time of the decedent's death or when the actual transfer of assets was made.
However for the purpose to be served to reduce the tax due on the inheritance, we have chosen to opt for the fair market value of the property or asset at the time of the decedent's death which is $60
It should be noted that the competitive advantage of Johan's company is being affected by Demand conditions.
<h3>What are Demand conditions?</h3>
Demand conditions can be regarded as the size and nature of the customer base for products, and this usually bring about innovation and product improvement.
This is why Johan was happy that consumers had asked for a better grade of plastic for the toys his company produced.
Learn more about Demand conditions at:
brainly.com/question/4804206
Answer:
27%
Explanation:
Number of Persons in the Household = 90
<u>Neither Employed Nor Unemployed</u>
- Children Under 16 =10
- Disabled = 5
- Retired =10
- Stay at Home Parents = 5
- Full Time Students over the age of 16= 5
Total =35
<u>Unemployed</u>
- 10 people had no job but were looking for jobs
- 5 people who wanted a job but were not looking for a job.
- Total =15
<u>Employed</u>
- 35 people had full-time jobs
- 5 had part-time jobs
Total =35+5=40
Total Labour Force = Unemployed +Employed = 40+15 =55
Unemployment Rate = (Unemployed People / Total Labor) x 100
=15/55 X 100
=27%
According to the information in the survey, the unemployment rate is: 27%
Health ,home owners ,and auto
