Answer:
Robin Corporation has a basis of $300,000 in the land.
Explanation:
Options are <em>"a. Erica does not recognize gain. b. Erica recognizes gain of $400,000. c. Robin Corporation has a basis of $100,000 in the land. d. Robin Corporation has a basis of $300,000 in the land. e. None of the above."</em>
<em />
Erica has a recognized gain of $200,000 which is the amount made payable to her through her receipt of the securities in Robin Corporation. The basis of the land to Robin would be equals to the basis Erica has in the land, $100,000 plus gain recognized by Erica $200,000 or $300,000.
Answer:
Gain= $400,600
Explanation:
<u>First, we need to calculate the book value of the building:</u>
Book value= purchase price - accumulated depreciation
Book value= 599,900 - 200,300
Book value= $399,600
<u>If the selling price is higher than the book value, the company gain from the sale.</u>
Gain/loss= selling price - book value
Gain/loss= 800,200 - 399,600
Gain= $400,600
Answer:
The correct answer is: the planning fallacy.
Explanation:
The planning fallacy is the paradox referring to projecting the length it will take to accomplish an objective longer than what it could take. The mistaken assumption happens because individuals tend to compare the time it will take them to reach their objectives with the time it took others to achieve the same goals.
Answer:
(a) $ 1200
(b) $ 702.5
Explanation:
In the demand and supply curve, the price of goods and services changes with respect to market conditions such as scarcity and consumers' needs. In the problem, if the producers charge about $497.50, the scalper will definitely charge a price higher than that of the producers, in this case, $1200. Thus, this is $702.5 (i.e. $1200 - $497.50) more than the producers' charge.
Answer:
Expected Return =
Recession = ( 20/100)* 20% = 4%
Steady = (40/100)*10% = 4%
Boom = ( 40/100) * 35% =<u> 14%</u>
Expected Return = <u> 22%</u>
there is no answer in the option. The correct answer is 22%.
Explanation:
Expected return of share is the summation of probability multiply by the return expected in a situation of the economy.
