subject
Business, 25.12.2019 05:31 adrian08022

Bateman corporation sold an office building that it used in its business for $800,000. bateman bought the building 10 years ago for $600,000 and has claimed $200,000 of depreciation expense. what is the amount and character of bateman's gain or loss?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 16:30
Collective bargaining provides for a representative of employees to negotiate with a representative of management over labor issues including wages.true or false?
Answers: 3
question
Business, 21.06.2019 22:20
Steele bicycle manufacturing company currently produces the handlebars used in manufacturing its bicycles, which are high-quality racing bikes with limited sales. steele produces and sells only 10,000 bikes each year. due to the low volume of activity, steele is unable to obtain the economies of scale that larger producers achieve. for example, steele could buy the handlebars for $31 each: they cost $34 each to make. the following is a detailed breakdown of current production costs: after seeing these figures, steele's president remarked that it would be foolish for the company to continue to produce the handlebars at $34 each when it can buy them for $31 each. calculate the total relevant cost. do you agree with the president's conclusion?
Answers: 1
question
Business, 22.06.2019 03:40
Your parents have accumulated a $170,000 nest egg. they have been planning to use this money to pay college costs to be incurred by you and your sister, courtney. however, courtney has decided to forgo college and start a nail salon. your parents are giving courtney $20,000 to her get started, and they have decided to take year-end vacations costing $8,000 per year for the next four years. use 8 percent as the appropriate interest rate throughout this problem. use appendix a and appendix d for an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. how much money will your parents have at the end of four years to you with graduate school, which you will start then?
Answers: 1
question
Business, 22.06.2019 10:00
Frolic corporation has budgeted sales and production over the next quarter as follows. the company has 4100 units of product on hand at july 1. 10% of the next months sales in units should be on hand at the end of each month. october sales are expected to be 72000 units. budgeted sales for september would be: july august september sales in units 41,500 53,500 ? production in units 45,700 53,800 58,150
Answers: 3
You know the right answer?
Bateman corporation sold an office building that it used in its business for $800,000. bateman bough...
Questions
question
Mathematics, 14.01.2021 16:10
Questions on the website: 13722362