Business, 18.11.2019 21:31 nicolemaefahey
Aruna, a sole proprietor, wants to sell two assets that she no longer needs for her business. both assets qualify as §1231 assets. the first is machinery and will generate a $10,000 §1231 loss on the sale. the second is land that will generate a $7,000 §1231 gain on the sale. aruna’s ordinary marginal tax rate is 30 percent.
1. a. assuming she sells both assets in december of year 1 (the current year), what effect will the sales have on aruna’s tax liability? aruna's tax liability will (blank) by (blank)
2. assuming that aruna sells the land in december of year 1 and the machinery in january of year 2, what effect will the sales have on aruna’s tax liability for each year?
aruna's tax in year 1 by
aruna's tax in year 2 by
Answers: 3
Business, 22.06.2019 16:30, tadams9922
Penelope summers received certain income benefits in 2018. she received $1,400 of state unemployment insurance benefits, $2,000 from a federal unemployment trust fund and $3,700 workers’ compensation received for an occupational injury. what amount of the compensation must penelope include in her income
Answers: 1
Business, 22.06.2019 21:50, preguntassimples
Assume that (i) setups need to be completed first; (ii) a setup can only start once the batch has arrived at the resource, and (iii) all flow units of a batch need to be processed at a resource before any of the units of the batch can be moved to the next resource. process step 1 molding 2 painting 3 dressing setup time 15 min. 30 min. no setup processing time 0.25 min./unit 0.15 min./unit 0.30 min./unit which batch size would minimize inventory without decreasing the process capacity?
Answers: 1
Aruna, a sole proprietor, wants to sell two assets that she no longer needs for her business. both a...
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