Terry sells two pieces of equipment used in his business. both are section 1231 assets. one results in a $5,000 gain and the other in a $12,000 loss. assuming there is no section 1245 recapture, how are these transactions treated in terry's tax return?

The revenues of a company increased by 39% in year one and decreased 22% in year two. what is the overall change over the two-year period?

The following are the current month's balances for abc financial services, inc. before preparing the trial balance. accounts payable $ 10,000 revenue 6,000 cash 3,000 expenses 17,500 furniture 10,000 accounts receivable 14,000 common stock ? notes payable 6,500 what amount should be shown for common stock on the trial balance? a. $48.000b. $12.500c. $27.000d. $28.000

Ann chovies, owner of the perfect pasta pizza parlor, uses 20 pounds of pepperoni each day in preparing pizzas. order costs for pepperoni are $10.00 per order, and carrying costs are 4 cents per pound per day. lead time for each order is three days, and the pepperoni itself costs $3.00 per pound. if she were to order 80 pounds of pepperoni at a time, what would be the average inventory level?