Answer:
1 box.
Explanation:
First, find out how much one box costs. To do this, divide 30 by five. This gives us $6. So if each box costs $6, then how many boxes can we buy if we have $9? The answer is one. Two boxes would cost $12, but we only have $9, so we could only buy 1 box and have $3 leftover.
Answer:
Peyton's basis in the stock is $60,000
Explanation:
The transaction is a tax- free exchange which means that the transaction is exempt from any income taxation.
To find out the Peyton's basis in the stock we will Subtract the Fair-market value of the transferred property to the Deferred gain.
= 100,000 – 40,000
= $60,000
Going beyond the minimum requirements set by the Food and Drug Administration; they have personal responsibility for ethical behavior.This is most closely relates to the business ethics programs.
<u>Explanation:</u>
- Business ethics is said to be art and science which helps in maintaining a harmonious relationship with the society and the business conduct of social responsibility.
- These business ideas generally emphasize general business ideas to business behavior.
- It is applicable to all business conduct and to the entire organization along with the individual's conduct.
Answer:
The following people work in office environment within schools
School Secretary
Librarian
Teacher
Explanation:
School secretary keeps the records of the students and he is responsible for principal work orders. Secretary always have an office within the school premises. Similarly teachers are also part of school and they are always there during working hours. Librarian is the in-charge of school library so he can also be considered as a part of the school official staff.
Answer:
Long-term capital gain = $73,000
Explanation:
The long-term capital gain (LTCG) can be calculated using the following formula:
Long-term capital gain = Selling price - Cost of acquisition - Cost of improvement .............. (1)
Where;
Selling price = $212,000
Cost of acquisition = $113,000
Cost of improvement = $26,000
Substituting the values into equation (1), we have:
Long-term capital gain = $212,000 - $113,000 - $26,000 = $73,000
Note:
Since no information on cost inflation index is given in the question, that implies that there is no need to use indexed cost of acquisition and indexed cost of improvement in our calculation. Therefore, the Cost of acquisition and Cost of improvement has to be used as given in the question.