Business, 08.11.2019 03:31 baseball1525
Donny owns and leases a coal mine to brian. the lease agreement states that brian will pay donny $4 per ton royalty on coal mined. what is brian’s percentage depletion deduction for the current year from the information given below? 1. gross income from coal $250,000 2. income from trucking coal 20,000 3. royalty paid donny 30,000 4. taxable income on coal (excluding depletion) 40,000 5. coal depletion rate 10%
Answers: 3
Business, 22.06.2019 20:40, shaunalab
Helen tells her nephew, bernard, that she will pay him $100 if he will stop smoking for six months. helen was hopeful that if bernard stopped smoking for six months, he would stop altogether. bernard stops smoking for six months but then resumes his smoking. helen will not pay him. she says that the type of promise she made cannot constitute a binding contract and that, furthermore, it was at least implied that he would stop smoking for good. can bernard legally collect $100 from helen
Answers: 1
Donny owns and leases a coal mine to brian. the lease agreement states that brian will pay donny $4...
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