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Feliz [49]
3 years ago
7

A nongovernmental not-for-profit organization received the following donations of corporate stock during the year:Donation 1 Don

ation 2Number of shares 2,000 3,000Adjusted basis $8,000 $5,500Fair value at time of donation 8,500 6,000Fair value at year end 10,000 4,000What net value of investments will the organization report at the end of the year?A. $12,000B. $13,500C. $14,000D. $14,500
Business
1 answer:
Anna71 [15]3 years ago
4 0

Answer:

C. $14,000

Explanation:

Donated securities are initially recorded at the fair value on the date the gift is received. The securities will be reported at their market value at the end of the year i.e. the balance sheet date. Fair value at the year end will thus be the sum of the fair value of the two donations at the end of the year i.e $10,000 + $4,000 = $14,000.

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Suppose electricity generates a negative externality in production. If​ so, then ____
garik1379 [7]

Answer:

The correct answer is option A.

Explanation:

A negative externality refers to the situation when the cost of production is borne by a third party which is not involved in the production process.

In case there is a negative externality present, the marginal social cost will be greater than the marginal private cost. The competitive price will be lower than the socially optimal price.

Since a third party partially bears the cost, the producer will be able to produce more than the optimal level. There will be a deadweight loss of social welfare.

3 0
3 years ago
Assume Germany can either produce 3 bushels of wheat or 6 bushels of corn in a set period of time, and the United States can pro
Sidana [21]

As per the given scenario, the Germany nation has a comparative advantage in producing corn.

<h3>What is comparative advantage?</h3>

Comparative advantage is when one country can produce a good at a lower cost in terms of other goods.

As Germany can produce 6 bushels of corn and the united states can produce 3 bushels of corn in a set period, Germany has a comparative advantage in producing corn.

Learn more about Comparative advantage here:

brainly.com/question/13221821

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6 0
2 years ago
Kriyoto inc. is a manufacturer of printers, scanners, and other office equipment. it announced a cash refund for corporate purch
zloy xaker [14]
Rick has received a rebate. A rebate is a sum paid by a method for diminishment, return, or discount on what has just been paid or contributed. It is a sort of offers advancement that advertisers utilize basically as motivating forces or supplements to item deals. There is confusion on discount and rebate, the rebate is a backend discount while the discount is the upfront meaning you the customer is discounted by the time he/she bought the item. 
8 0
3 years ago
A consulting company hired by Best Builders has just completed a study to determine the best fencing for a condominium complex B
Alenkinab [10]

Answer: conclusions for each option studied

Explanation:

A recommendation report is a report that is used to propose solution to a particular problem; then, the best solution will then be chosen after the solution has been proposed.

We should note that before a solution is proposed, the first thing to do is to identify the problem in order to know the root cause of what's happening. Then, a conclusion will then be made for the options that were studied.

7 0
3 years ago
Lundy Company purchased a depreciable asset for $99,000 on January 1. The estimated salvage value is $18,000, and the estimated
Mariulka [41]

Answer:

$16, 988.4

Explanation:

The asset has a useful life of 9 years. the straight-line rate of depreciation is 1/9 X 100 = 11 per cent

the cost of the asset is $99,000

First-year depreciation under double-declining will be

Straight-line method rate x 2= 22 %

= 22/100 x 99,000

=0.22 x 99,000

=21,780

the book value after the first year will be 99,000 -21, 780

= 77,220

Depreciation expense for the second year = 22 % of 77,220

=22/100 x 77,220

=$16, 988.4

7 0
3 years ago
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