Answer:
The right answer is $50,000
Explanation:
Simply put, adjusted basis is the cost of an object after factors that affects the cost has being considered. These factors usually include taxes, depreciation value and any other cost incurred in getting and retaining the said object. Adjusted basis is important so as to know the right amount to sell.
Adjusted basis increases when an individual factors the cost incurred from taxes and maintenance ad it reduces when he/she factors in depreciation.
In the case of Koch, he already exchanged his machine for another at $50,000, as far as he is concerned at that moment, the adjusted basis is $50,000 because it was exchanged in a fair market.
Answer: E) May depend on some future event occurring. It is not a characteristic of known liabilities.
Explanation: Unknown or uncertain liabilities are those whose existence depends on the occurrence of a future event.
Known liabilities <u>are definitely determinable and measurable.</u>
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20% down will be $50,000 so the balance will be $200,000 to take out a mortgage for. The higher the down payment the lower the mortgage required and lower payments would ensue also. Also, once one has a mortgage it ie wise to pay it by the week to reduce the interest. Over time this practice makes a difference.
There are different types of prototype decisions. Cereal is an example of a consumer product, where many low cost comprehensive prototypes are built since the product has high market risk.
There are different kinds of Prototype Decision when looking at the technical risk compared to the prototype cost. They are:
- Low risk - low cost (printed stuff)
: Here, there is no need for comprehensive prototypes.
- Low risk - high cost (ships, buildings)
: Here, there is no way one can afford comprehensive prototype.
- High risk - low cost (software)
: Here, there a a lot of comprehensive prototypes.
- High risk - high cost (airplanes, satellites)
: This often make use of analytical models a lot, have a well throughout planned of comprehensive prototypes
Prototyping is simply known to be the estimation or approximation of the product with its one or more areas of interest. It has 2 kinds which are Physical prototypes vs. analytical prototypes
, Comprehensive (with all the attributes of a product) vs. focused.
Learn more about Prototyping from
brainly.com/question/7509258
C) Credit card is an electronic card directly connected to a checking account
