Answer:
The answer is: $2,500
Explanation:
According to the IRS, the cost basis for any asset should be the original cost adjusted by its depreciation.
Since Jack and Diane aren't able to determine the depreciation expenses for the cabinets, they should use their fair market value as cost basis.
Answer:
$88,000
Explanation:
Calculation to determine What amount of compensation should Argon report in Logan's Form W-2 for year 2
First step is to determine the bargain element
Bargain Element=$25 per share-$10per share
Bargain Element=$15 per share
Now let determine the amount of compensation
Using this formula
Compensation=Salary earned+Taded stock+(Shares of publicly traded stock*Bargain element)
Let plug in the formula
Compensation=$60,000+$13,000+($100 shares*$15 per share)
Compensation=$60,000+$13,000+$15,000
Compensation=$88,000
Therefore the amount of compensation that Argon should report in Logan's Form W-2 for year 2 $88,000
Answer:
Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization. Financial managers typically: ... Help management make financial decisions.
Answer:
they don't really differ, a contact list is justa digital adress book
Explanation:
The basic five stages are problem recognition, information search, alternatives evaluation, purchase decision, and post-purchase evaluation.
<h3>What is a purchase?</h3>
A purchase refers to the action of buying something. Purchasing is considered an important course of action.
There are five main stages that a customer needs to undergo before making any decision either to buy a product or not.
The five stages are
- Problem recognition- It is the most basic step that ensures if there is a need for purchase.
- Information search- The next step is to search the information related to the Tata Nano
- Alternatives evaluation- It helps in evaluating the choices available for the product. Other options for cars are taken into consideration.
- Purchase decision- After evaluation, a consumer may decide between buying Tata Nano. This decision depends upon the feedback of other people.
- Post-purchase evaluation- After purchasing, it may lead to brand loyalty if the customer is satisfied with the purchase.
Learn more about the Purchase decision process here
brainly.com/question/26517026
