A because if you increase taxes people won’t want t to work
Answer:
Diversification is the process by which a company starts offering new products and enters a new one through corporate acquisitions or by investing directly in new businesses.
This statement is false.
Conversion and direct materials are generally both not added at the end of the production process. As a matter of fact, they are either added at the beginning, or in the middle of the process, but definitely not at the end because then it would be too late.
Answer:
The correct answer is option A.
The correct answer is option C.
Explanation:
When inflation is anticipated the average nominal income will also increase by the same rate as inflation. In the process of inflation the general price level increases. it will cause an increase in production. This further causes an increase in the nominal income of the individuals.
If inflation is expected will not affect the purchasing power of the consumer. This is because the nominal income will increase by the same rate as an increase in inflation. So the decrease in purchasing power due to increased prices will be canceled out by the increase in nominal wages. As a result, the average consumer will be unaffected.
Answer:
$13,400
Explanation:
Data provided in the question:
Tax basis of marketable securities = $79,600
Amount for which securities sold to daughter = $60,000
Amount for which daughter sold the securities = $93,000
Now,
Mrs. Beld disallowed loss on the related party sale to her daughter
= Tax basis of marketable securities - Amount for which securities sold to daughter
= $79,600 - $60,000
= $19,600
Realized gain by her daughter = $93,000 - $60,000
= $33,000
Therefore,
The daughter's gain recognized on sale
= Realized gain by her daughter - Mrs. Beld disallowed loss
= $33,000 - $19,600
= $13,400
