Answer:
Beneficiary recognized gain is $510000.
Explanation:
The amount paid by the decedent for the stock = $280000
The market value of the stock at the time of death = $500000
The selling price or the amount received by the beneficiary by the sell of stock = $510000
Since the recognized gain is calculated by subtracting the amount paid by the person to buy the stock from the amount that he receives from the sale of stock. But in this case, the beneficiary pays zero for the stock but gets all the money after selling.
Beneficiary recognized gain = amount received from the sell – the amount paid by the beneficiary.
= $510000 – 0
= $510000
Answer:
$600
Explanation:
If instead of itemizing, Mary had elected the standard deduction last year, then she wouldn't have to include any state income tax refund on her current gross income. But since she itemized her deductions and actually deducted these $600 from her gross income last year, she must include them in he current gross income.
Answer:
D, product-communication adaptation
Explanation:
Product adaptation can be defined as the process of modifying a product to make it useful for a variety of users.
Communication adaptation can also be defined as the change in a product's communication as a result of a change in product strategy.
Product-communication adaptation can be defined as the modification of a product for a variety of users but ensuring that the marketing of the product is through standard communication channels.
In the case of Campbell adapted his product to look like M'm M'm Good product but ensured that he used a standard communication channel (ads) to market his product.
Cheers.
When using the Euromarkets, companies pay less for the loans
a balance achieved between two desirable but incompatible features; a compromise.
"a trade-off between objectivity and relevance"
