Answer:
gain of $5,000
Explanation:
Wolf's gain = fair market value - book value = $45,000 - $40,000 = $5,000
a company must determine the gain or loss of an exchange transaction using the asset's book value and comparing it against its fair market value. If the FMV is higher than the book value, the company will recognize a gain. If the FMV is lower than the book value, then the company will recognize a loss.
Answer:
rise by $40 billion
Explanation:
Calculation to determine what the investment will be
Investment=$100 billion*(100%-60%)
=$100 billion*40%
=$40 billion
Therefore the investment will rise by $40 billion
The work breakdown structure provides a basis for creating the project schedule and performing earned value management for measuring and forecasting project performance. A work breakdown structure is also known as WBS- which helps break down the team's work into smaller, more manageable sections. By breaking down the sections into smaller groups gives more opportunity for completion before moving on to the next group and makes the tasks more managable.
