Given :
Bud exchanges land with an adjusted basis of $ 22,000 and a fair market value of $ 30,000 for another parcel of land with a fair market value of $ 28,000 and $2,000 cash.
To Find :
What is Bud's recognized gain or loss.
Solution :
This is a transaction of like kind exchange.
So, gain or loss to be recognized is :
Therefore, option B) is correct.
Bond is correct answer.
When a bond matures, you receive your entire investment back plus any remaining interest.
Hope it helped you.
-Charlie
The equilibrium between possible threats and prospective compensation is known as risk/return trade-off.
Answer:
The correct answer is letter "C": Select the type of transaction she wants to make recur.
Explanation:
QuickBooks is an online accounting tool useful for companies to have their record-keeping transactions in the cloud. QuickBooks allows access to financial information using mobile devices and provides different features among the most important having automated transactions.
To create a new automated transaction, the user must follow these steps: Choose the Gear icon > Recurring Transactions > New > Transaction Type. Among the transaction types available we can identify billing, deposits, transfers, and purchase orders.
Answer:
OLIGOPOLY
Explanation:
If Reality, Inc. is a major producer of reality television shows and the company faces fierce competition from three other major producers of similar shows. If together, Reality, Inc. and its three rivals control almost all of reality television. Their market environment is called Oligopoly
Oligopoly can be defined as a market environment or structure where a small number of firms control the market; none of which can keep the others from having significant market share or influence.
It can also be said that Oligopoly is a collusion of a small number of firms, either explicitly or tacitly, to fix prices or control quantity supplied, in order to achieve above normal market returns.
