Answer:
$100,000
Explanation:
According to the internal revenue service ''<u>In most situations, the basis of an asset is its cost to you.</u> <u>The cost is the amount you pay for it in cash</u>, debt obligations, and other property or services. Cost includes sales tax and other <u>expenses connected with the purchase</u>.''
Therefore Sebastian's basis in these two assets is unconnected with the fair market value of the assets but with the cost.
Purchased Equipment is always recorded at its acquisition cost or its net book value, that is after deducting the accumulated depreciation
. In the scenario we have no depreciation figures, hence the basis is the cost of $100,000
Answer:
It would take 2 years
Explanation:
7x2=14 witch is the 7.2% interest rate so it would take two years 2 double your money
Answer:
you didnt put the full question in.
Explanation:
we cant tell what donna bought and cant see the question at all actually
<span>The minor account is linked with the custodian account that is under the minor parent's or guardian's primary account. Security registered in the minor's account with the name of SSN of the minor in the format of either with sole owner, or primary owner with beneficiary or primary with secondary owner etc. So minor directly can't permit purchase securities. The custodian must conduct all the transactions behalf of minor and the custodian can purchase securities behalf of the minor.</span>
Answer:
<u><em></em></u>
- <u><em>The planet is Earth</em></u>
Explanation:
<em>1. Equation (given)</em>:
2. Solve by applying division property of equalities: divide both sides by 5.5
The equation gives the length in hours of a day, then the solution h = 24.0 means that the length of the day on the planet is 24.0 horas.
The table is:
Length of Day
Planet Length of Day (hours)
Earth 24.0
Mars 24.7
Jupiter 9.9
Therefore, the solution h = 24.0 shows that the planet is Earth.
