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algol [13]
2 years ago
8

What schedule would any gains or losses from virtual currency carry to?

Business
1 answer:
astraxan [27]2 years ago
6 0

The schedule that any gains or losses from virtual currency would carry to is schedule D.

According to the question we are to discuss the type of schedule needed in case of any gains or losses from virtual currency .

As a result of this we can see that schedule D which is useful in reporting a capital gains and losses on  taxes as well as loss in cryptocurrency by buying and selling is the best schedule.

Therefore, schedule D serves as schedule that any gains or losses from virtual currency would carry to.

Learn more about schedule at:

brainly.com/question/1306721

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The current exchange rate between U.S. Dollar and Euro is $1.355/.738. It means that:______a. one Euro can buy 0.738 Dollars.b.
Verdich [7]

Answer:

b. one Dollar can buy 0.738 Euros

Explanation:

Given that

The Current Exchange rate is

= $1.335 ÷ 0.738 Euro

The 0.738 represents the indirect exchange rate now transform it into direct exchange rate

Direct Exchange rate is

= $1 ÷ 0.738 Euro

= $1.3550

Now bid price for purchase one euro is $1.335 and ask price to purchase one euro is $1.355

But the person could purchased at ask price only

Therefore the option b is correct

4 0
3 years ago
Motor Sales sold its old office furniture for $ 5,500. The original cost was $ 15,000​, and at the time of​ sale, accumulate
Nikitich [7]

Answer:

The effect of this transaction is a gain of $2,500 on disposal.

Explanation:

Cost of motor = $15000

Accumulated depreciation = $12000

Net book or carrying value = 15000 - 12000

                                             = $3,000

Income from disposal = $5,500

Gain/(loss) on disposal = $5,500 - $3,000

                                      = $2,500

The effect of this transaction is a gain of $2,500 on disposal.

7 0
3 years ago
Standard Direct Materials Cost per Unit
denis-greek [22]

Answer:

Unitary Direct material cost= $0.16 per  bar

Explanation:

Giving the following information:

The primary materials used in producing chocolate bars are cocoa, sugar, and milk. The standard costs for a batch of chocolate (5,200 bars) are as follows:

Ingredient Quantity Price

Cocoa 400 lbs. $1.25 per lb.

Sugar 80 lbs. $0.40 per lb.

Milk 120 gal. $2.50 per gal.

Unitary Direct material cost= (400/5,200)*1.25 + (80/5,200)*0.40 + (120/5,200)*2.5= $0.16 per  bar

6 0
4 years ago
Which of the following tasks would be a line cook's main responsibility?
mash [69]

Answer:

C

Explanation:

Beeeeecauuuuuuseeee

5 0
3 years ago
Read 2 more answers
RST compay produces a product that has a variable cost of $6 per unit. The companys fixed costs are $30,000. the product sells f
Amiraneli [1.4K]

Answer:

7,500 units

Explanation:

The break-even point is the point in which the earnings and the costs are the same and there is no gain or loss. The formula to calculate the break-even point in units is:

Break-even point in units= Fixed Costs/(Sales price per unit – Variable costs per unit)

Now you have to replace the values given to find units that have to be produced to break even:

Break-even point in units=30,000/(10-6)

Break-even point in units=30,000/4

Break-even point in units=7,500

The answer is that the units that have to be produced to break even are 7,500.

7 0
4 years ago
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