Answer:
Her recognized gain is $2,000
Explanation:
Data provided in the question:
Stock basis = $8,000
Fair market value = $6,000
Sale value = $10,000
Now,
Ralph's daughter recognized gain or loss will be
= Sale value - Stock basis
or
Ralph's daughter recognized gain or loss = $10,000 - $8,000
or
Ralph's daughter recognized gain or loss = $2,000
Here,
the positive value means that there is a gain.
Hence,
Her recognized gain is $2,000
Answer:
Wormwood limited
Production plan that will yield the least cost of $49,630 is shown in the attached document.
It entails maxing out the regular capacity from period 1 to 5, and using regular to produce only 140 units in period 6
It further entails using overtime to produce 10 units from period 1 to 5. And subcontracting only in period 4 to cover the demand/production gap.
This will keep inventory of 10 units in period 2, which is carried into period 3 and consumed in period 4.
Answer:
True.
Explanation:
Managerial accounting involves managers using accounting information to better inform themselves before making business decisions. It involves analysing, interpreting and communicating financial data to managers to aid in achievement of organisation's goals.
Managerial accounting is for internal use in the business. Data is modified to meet specific need of the end-user. For example a manager may want to see sales figures for a quarter compared to business target. This will give an idea if the business is meeting it's objectives.
A diversified portfolio of small-cap growth stocks would not be appropriate for an investor nearing retirement, a young investor is better equipped to take on that risk and can take advantage accordingly. <span>I hope my answer has come to your help. God bless and have a nice day ahead!
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4. word art, I believe is the correct answer
