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3 years ago

What economic event began in 2007?

Business

1 answer:

zubka84 [21]3 years ago

4 0

Answer:

The Great Recession

Explanation:

The Great Recession began in December 2007 and ended in June 2009, which makes it the longest recession since World War II. Beyond its duration, the Great Recession was notably severe in several respects. Real gross domestic product (GDP) fell 4.3 percent from its peak in 2007Q4 to its trough in 2009Q2, the largest decline in the postwar era (based on data as of October 2013). The unemployment rate, which was 5 percent in December 2007, rose to 9.5 percent in June 2009, and peaked at 10 percent in October 2009. (Robert Rich, federalreservehistory.org)

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Tristan transfers property with a tax basis of $1,245 and a fair market value of $1,750 to a corporation in exchange for stock w

Bas_tet [7]

Answer: $1644

Explanation:

The corporation's tax basis will be the addition of the tax basis of Tristan and the gain that is recognized on the exchange by Tristan.

Gain realized = 1750 - 1245 = 505

Boot received = 399

The gain recognized on the exchange will the value that's lower between the gain realized which is $505 and the boot received which is $399. Therefore, gain recognized = $399.

The corporation's tax basis will then be:

= Tristan Tax basis + Gain recognized

= 1245 + 399

= 1644

6 0

3 years ago

Turnbull Co. is considering a project that requires an initial investment of $1,708,000. The firm will raise the $1,708,000 in c

Soloha48 [4]

Answer:

The WACC for this project is 10.605%

Explanation:

The WACC or the weighted average cost of capital is the weighted average return that the company is expected to pay its capital providers.The WACC is calculated by multiplying the cost of each component by their respective weights in the capital structure. The WACC is calculated using the following formula,

WACC = wD * (1-tax) * rD + wP * rP + wE * rE

Where,

wD, wP and wE represents the weight of debt, preferred stock and common equity respectively as a proportion of total capital.
rD, rP and rE is the cost of debt, preferred stock and equity respectively.
The (1-tax) is used in debt component to calculate the after tax cost of debt

WACC = 750000/1708000 * (1-0.25) * 0.096 + 78000/1708000 * 0.107 + 880000/1708000 * 0.135

WACC = 0.10605 or 10.605%

6 0

4 years ago

Suppose you have a choice of working full-time during the summer or going to summer school full-time. Summer tuition and books c

Contact [7]

Answer:

$9,200

Explanation:

The computation of the opportunity cost of going to summer school is presented below:

= Summer tuition fees and cost of books + earning if working somewhere

= $2,200 + $7,000

= $9,200

In order to determine the opportunity cost, we considered the summer tuition fees & books cost and earnings

And, the summer rent is a fixed cost so it would not be included.

8 0

3 years ago

The concept of operant conditioning is a part of the broader concept of ________, which argues that behavior follows stimuli in

sashaice [31]

The answer is C cognitive behavioral therapy

3 0

3 years ago

$30,322 $73,800 $75,600 $76,900 Lasseter Corporation has provided its contribution format income statement for August. The compa

melisa1 [442]

Answer:

$75,600

Explanation:

We divide the total sales with the number of units to get the unit price . Similarly we get the unit price for the variable costs. But as the fixed costs remain constant they will not change. We get the contribution margin =$75,600

Lasseter Corporation

Contribution Format Income Statement for August

Sales (4,200 units) $ 127,100 /4100= $31 * 4200 $ 130200

Variable expenses (53,300/4100)*4200 = $ 54600

Contribution margin 75,600

Fixed expenses 44,200

Net operating income $ 31,400

Lasseter Corporation

Contribution Format Income Statement for August

Sales (4,100 units) $ 127,100

Variable expenses 53,300

Contribution margin 73,800

Fixed expenses 44,200

Net operating income $ 29,600

3 0

3 years ago