Answer:
$40,500.
Explanation:
Calculation for Koch's adjusted basis in machine 2 after the exchange
Based on the information given we were told that Machine 1's had adjusted basis of the amount of $40,500 at the time of the exchange which means that Koch's adjusted basis in machine 2 after the exchange will the amount of $40,500 which is Machine 1's adjusted basis .
Therefore Koch's adjusted basis in machine 2 after the exchange will be $40,500
Direct materials and direct labor are each manufacturing prices.
Production is the production of goods through the use of labor, machinery, equipment, and biological or chemical processing or components.
As an example, bakeries, sweet stores, and custom tailors are taken into consideration in manufacturing, because they invent merchandise out of additives. alternatively, logging and mining are not considered production, because they do not change the best into a brand new product.
Production of goods in big quantities after processing from raw materials to more treasured merchandise is referred to as production. example: Paper is a product of wood, sugar from sugarcane, iron and metallic from iron ore, and aluminum from bauxite. number one goods are manufactured and emerge as completed goods.
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Answer:
A) 5.22 percent
Explanation:
The Pretax cost of debt is the Yield to maturity (YTM) of bond.
Using a financial calculator , you can solve for the YTM with the following inputs;
Face value ; FV = 1000
Maturity of bond; N = 15
Annual coupon payment; PMT = coupon rate * Face value = 6%*1000 = 60
Current price; PV = $1,080
then compute annual interest rate; CPT I/Y = 5.22%
Explanation:
In the scenario exemplified in the question above, it can be said that because he is a minor, Haley's contract with Games Galore can be canceled.
Therefore, if the case is brought to court, it will likely be determined that Haley will return the valuable work materials provided by Game Galore and any amounts received by Haley that were provided for in the contract.