Answer:
$13,400
Explanation:
Data provided in the question:
Tax basis of marketable securities = $79,600
Amount for which securities sold to daughter = $60,000
Amount for which daughter sold the securities = $93,000
Now,
Mrs. Beld disallowed loss on the related party sale to her daughter
= Tax basis of marketable securities - Amount for which securities sold to daughter
= $79,600 - $60,000
= $19,600
Realized gain by her daughter = $93,000 - $60,000
= $33,000
Therefore,
The daughter's gain recognized on sale
= Realized gain by her daughter - Mrs. Beld disallowed loss
= $33,000 - $19,600
= $13,400
The (maker/signer) of the note is the one that signed the note and promised to pay at maturity. The (maker/payee) of the note is the person to whom the note is payable.
A note that the maker has neglected to settle upon maturity is referred to as a dishonored note. The note is removed from notes receivable since it has matured, and the payee or holder reports the amount owed in accounts receivable. At the note's maturity date, the maker is obligated to pay the principal and interest.
Bad debt costs. Customers with (Bad/Invalid)(Collectible/Debts) accounts fail to honor their payment obligations. It is regarded as a cost associated with selling on credit. An amount owed by another party is known as a receivable.
To learn more about maturity from the given link.
brainly.com/question/28039417
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Answer:
In my opinion they can be a big problem because if you can not use the uber in some community it's useless but they are banning ubers because the taxis business are loosing money and the uber is replacing the taxi business.
There is an own opinion question, so try to answer by yourself
Answer:
3.44%
Explanation:
The computation of the return if sold the fund at the year end is shown below:
= {[Price × (1 - Front End Load) × ((1 + fund increase percentage) -expense ratio)] - price} ÷ price
={[$20 per share × (1 - 5.75%) × ((1 + 11%) - 1.25%)] - 20} ÷ 20
= 3.44%
We simply applied the above formula so that the correct return could come
Answer:
The correct answer is letter "E": None of the above.
Explanation:
Microeconomics deals with the economic choices of individuals and small companies. Jointly, these individual decisions influence the demand for and supply of goods and services in the economy. One of the subjects most discussed in microeconomics is the supply, demand and equilibrium model.
A)<em> Global warming research turns out to correctly predict the weather in the future. (No major impact in economy)</em>
B)<em> The dictator of a country builds ten new airports. (Macroeconomic)</em>
C)<em> A child buys a delicious chocolate bar. (No major impact in economy)</em>
D) The country of Montenegro adopts the Euro. (Macroeconomic)
<em>None of the statements above represents a microeconomic phenomenon.</em>
