Answer: $438
Explanation:
Antoine's tax basis in the stock received in the exchange will be gotten as the adjusted basis of asset exchanged which will then be decreased by the liability assumed on the property that's transfered. This will be:
= $535 - $97
= $438
Therefore, Antoine's tax basis in the stock received in the exchange is $438.
Answer:
Actual product
Explanation:
The first stage is core customer value which the company considers because this is what the customer is desiring. The second level is conversion of that core customer values into an actual product. And the last level but not least is augmented product. At this level, the company adds additional features and benefits in the product to make it attractive to its customers
Answer:
$3,129,414.40
Explanation:
i = 18% compounded monthly = 18% / 12 = 1.5% = 0.015
n = 2 yrs = 2 * 12 = 24 months
Growth(g) = 1% = 0.01
Present value of geometric series = A * [1 - (1+g)^n / (1+i)^n] / (I - g)
Present value of geometric series = $140000 * [1 - (1+0.01)^24 / (1+0.015)^24] / (0.015 - 0.01)
Present value of geometric series = $140000 * 1 - 0.8882352 / 0.005
Present value of geometric series = $140000 * 0.1117648 / 0.005
Present value of geometric series = $140000 * 22.35296
Present value of geometric series = $3,129,414.40
Thus, the present worth of the savings at an interest rate of 18% per year, compounded monthly is $3,129,414.40
