subject
Business, 18.01.2020 02:31 Carly3393

Mia owns a warehouse that has a cost basis of $80,000. the city condemns the warehouse to make room for a new fire station. it pays $400,000 for the property, its agreed to fair market value. shortly after the condemnation, mia purchases another warehouse as a replacement. if amount is zero, enter". a. what is her recognized gain if the new property cost is $280,000? b. what is the recognized in the new property cost is $444,000? c. what is her recognized gain if the new property cost is $80,000? d. what if any is the justification for deferring the recognition of gain on the involuntary conversion? the involuntary conversion provision is justified under the changed

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 22:40, taytay1828
Gyou plan to deposit $1,700 per year for 5 years into a money market account with an annual return of 2%. you plan to make your first deposit one year from today. what amount will be in your account at the end of 5 years? round your answer to the nearest cent. do not round intermediate calculations. $ assume that your deposits will begin today. what amount will be in your account after 5 years? round your answer to the nearest cent. do not round intermediate calculations.
Answers: 2
image
Business, 22.06.2019 06:10, aj0914
Investment x offers to pay you $5,700 per year for 9 years, whereas investment y offers to pay you $8,300 per year for 5 years. if the discount rate is 6 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.) present value investment x $ investment y $ if the discount rate is 16 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.) present value investment x $ investment y
Answers: 1
image
Business, 22.06.2019 15:00, nando3024
Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor. required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)
Answers: 2
image
Business, 22.06.2019 17:00, HourlongNine342
Serious question, which is preferred in a business? pp or poopoo?
Answers: 1
You know the right answer?
Mia owns a warehouse that has a cost basis of $80,000. the city condemns the warehouse to make room...

Questions in other subjects:

Konu
Mathematics, 30.09.2019 10:50
Konu
Biology, 30.09.2019 10:50