Answer:
$80,000
Explanation:
Since Worthington Corp. assumed the the $20,000 mortgage which the building was subject to, the Worthington Corp.'s basis in the building is the adjusted basis of the building.
Therefore, Worthington Corp.'s basis in the building is <u>$80,000</u> which is the adjusted basis of the building.
Answer:
The answer is a. True.
Explanation:
During the initial stages, the members might be concerned that the project work might be difficult and this can act as a demotivating factor in the long run.
Because of this, if the manager can start the initial stages of planning of the operating methods, thus will be helpful to ease the tension and the doubts among the members.
Answer:
The correct answer is B. all those funds changing hands between lenders and borrowers in the bond market.
Explanation:
Loanable funds is a market where all the funds accumulated by savers are found, and which are used to grant credits to other interested people in order to meet some investment or spending need. These funds work in the same way as a bank, and they generate returns on your loan, but usually at a lower rate.
The disadvantages of this point of view are not being able to utilize time, simplicity and reliability
Advantages of Computerized Accounting are time saving, simplicity, reliability, cost-effectiveness and ability to collaborate
<h3>
How to be a good accountant?</h3>
The wide range of abilities required to succeed with even the most complex accounting systems should be had by a good accountant. The vast majority of accountants, if not all of them, have certain traits and qualities that can help them offer their clients the best services possible.
You can choose the attributes of an accountant needed for your company based on a variety of variables.
Your bookkeeping records should always be kept current by a competent accountant. They should be able to show you, based on the records they've kept over the month, how much money you brought in and how much money you spent at the conclusion of each month. Additionally, they ought to be able to use these records to demonstrate to you if you actually turned a profit or not.
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Answer: The relative wage ratio will determine the pattern of trade ( which good is exported by which country
Explanation:
A two-country, two-product world, explains two countries that trade with each other such that one has a comparative advantage over the other in the production of a good while the other country has a comparative advantage in the production of the other product.
The two-country, multi-product model differs from the two-country, two-product model in that, in the former the relative wage ratio will determine the pattern of trade ( which good is exported by which country).
Therefore, the correct option is A.