Answer:
$6,000 LTCG
Explanation:
Calculation to determine the amount and character of the gain or loss that Monte recognizes
Using this formula
Recognized gain or loss =Amount realized -Basis
Let plug in the formula
Recognized gain or loss=(1,000 Shares*$54 per share)-(1,000shares*$48 per share)
Recognized gain or loss=$54,000-$48,000
Recognized gain or loss=$6,000 LTCG
Therefore the amount and character of the gain or loss that Monte recognizes is $6,000 LTCG reason been the any gain Amount on the sales of property that was inherited are often tend to be LTCG
Answer:
$110,400
Explanation:
The computation of the net non-current assets is shown below:
= Patent + Property, plant, and equipment - accumulated depreciation + trade marks + goodwill
= $7,900 + $98,900 - $20,000 + $13,600 + $10,000
= $110,400
In building a new mall,
The input would be : Labor, All materials needed in building a mall
Conversion : Building process
Output : The actual mall itself
hope this helps
Output and input levels always tend to an equilibrium point it the long run, meaning they are inelastic in the long run.
Elasticity refers to how much supply and/or demand changes with changes in pricing. The more elastic, the more change there is.
In the short-term, output and and supply can change dramatically, but in the long run things tend back to the middle (equilibrium).
