Business, 30.04.2021 17:30 superstarsara5ouh83x
15. Kuong Inc. sold a commercial office building used in the corporate business for $1.5 million. Kuong purchased the building in 2000 for a cost of $1.4 million and had deducted $538,000 MACRS depreciation through date of sale. Kuong should characterize the $638,000 gain recognized on sale as: Group of answer choices $127,600 ordinary gain and $510,400 Section 1231 gain $107,600 ordinary gain and $530,400 Section 1231 gain Section 1231 gain $538,000 ordinary gain and $100,000 Section 1231 gain
Answers: 3
Business, 22.06.2019 17:00, kamrulh278
During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak
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Business, 22.06.2019 21:50, Chloe0095
Which of the following best describes the economic effect that results from the government having a budget surplus? a. consumers save more and spend less, enabling long-term financial planning. b. overall demand decreases, reducing the incentive for producers to increase production. c. banks have more deposits, enabling them to make more loans to investors. d. government spending increases, increasing competition for goods and services and driving prices up.
Answers: 3
Business, 22.06.2019 23:30, phillipselijah2
Match the different financial tasks to their corresponding financial life cycle phases wealth protection, wealth accumulation and wealth distribution
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Business, 22.06.2019 23:30, Wolfgirl2032
Mystic bottling company bottles popular beverages in the bottling department. the beverages are produced by blending concentrate with water and sugar. the concentrate is purchased from a concentrate producer. the concentrate producer sets higher prices for the more popular concentrate flavors. a simplified bottling department cost of production report separating the cost of bottling the four flavors follows:
Answers: 3
15. Kuong Inc. sold a commercial office building used in the corporate business for $1.5 million. Ku...
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