Business, 15.04.2020 17:16 dylanclark4965
Bob and Elizabeth Brown, a married couple, sell their personal residence to Tamel. Tamel pays 7) ___ _$660,000 and assumes their $90,000 mortgage. To make the sale, the Browns pay $20,000 incommissions and $10,000 in legal costs. The couple has owned and lived in the house for sevenyears and their tax basis is $200,000. What is the amount of gain recognized on the sale?
Answers: 3
Business, 22.06.2019 13:50
Classify each of the following items as a public good, a private good, a natural monopoly good, or a common resource.(a) measles vaccinations (b) tuna in the pacific ocean (c) airline service in the united states (d) local storm-water system
Answers: 1
Business, 22.06.2019 17:30
The purchasing agent for a company that assembles and sells air-conditioning equipment in a latin american country noted that the cost of compressors has increased significantly each time they have been reordered. the company uses an eoq model to determine order size. what are the implications of this price escalation with respect to order size? what factors other than price must be taken into consideration?
Answers: 1
Business, 22.06.2019 19:30
Fly-by products, inc. operates primarily in the united states and has several segments. for the following segment, determine whether it is a cost center, profit center, or investment center: international operations- acts as an independent segment responsible for all facets of the business outside of the united states. select one: a. cost center b. profit center c. investment center
Answers: 2
Business, 22.06.2019 20:40
Which one of the following statements is correct? process costing systems use periodic inventory systems. process costing systems assign costs to departments or processes for a time period. companies that produce many different products or services are more likely to use process costing systems. production is continuous when a job-order costing is used to ensure that adequate quantities are on hand.
Answers: 2
Bob and Elizabeth Brown, a married couple, sell their personal residence to Tamel. Tamel pays 7) ___...
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