All categories

2 years ago

the sle for more than the orginal cost basis before deprecaiation of machinery is used in trade or business chegg

1 answer:

7 0

The sale for more than the original cost basis before depreciation of machinery is used in trade or business is Section 1245 and Section 1231.

A business is described as an organization or enterprising entity engaged in commercial, commercial, or professional activities. groups can be for-earnings entities or non-profit companies. Enterprise sorts range from confined liability groups to sole proprietorships, organizations, and partnerships.

A business case describes the purpose, or reason, that an enterprise became to start with the base. It describes what makes an enterprise-specific, in addition to what the commercial enterprise plans to do. A business case isn't a venture or price statement and is plenty shorter than both.

The definition of business is an occupation or change and the purchase and sale of services or products to make a profit. An instance of commercial enterprise is farming. An instance of business is a house sale.

Learn more about business here brainly.com/question/24448358

#SPJ4

You might be interested in

True or False. Your employer is responsible to make contributions, on your behalf, to the Federal Insurance Contributions Act (F

slavikrds [6]

Answer:

True

Explanation:

Plz mark brainliest thxxx :) hope it helps

5 0

3 years ago

Read 2 more answers

Mark and Anthony are business partners of a franchised bakery. They have reached the end of the current financial year, and they

FinnZ [79.3K]

Answer:

B. Information return

Explanation:

Corporations, trusts, individuals, estates, partnerships, that engage in business or trade and make transactions which are reportable shall report the transactions by filing an information return with the IRS, that indicates the amount a person received as payment within the calendar year on which the information return is based

The details on the information return can be used for ensuring that the tax returns are correctly filed

Payments made by owners of businesses such as compensation for nonemployee and employee requires the filing of an information return

It is important to save a copy of the information returns being filed each year

3 0

3 years ago

The Macaulay convexity of a single cash flow is 64 at an annual effective interest rate of 10%. Calculate the modified duration

garri49 [273]

Answer:

A 7.3

Explanation:

Macaulay Convexity = 64, as about a single cash flow

Since it is a single cash flows, convexity is square the Macaulay duration of the bond.

Convexity = √Macaulay duration.

So, Macaulay duration = Convexity^(1/2)

Macaulay duration = Convexity^(0.5)

Macaulay duration = 64^0.5

Macaulay duration = 8

So, the Macaulay duration = 8 years

Now, Modified duration = Macaulay duration/(1+yield)

Modified duration = 8/(1+0.1)

Modified duration = 8/1.1

Modified duration = 7.27273

Modified duration = 7.3 years

5 0

4 years ago

While waiting in line to buy two tacos at 75 cents each and a medium drink for 80 cents, Jordan notices that the restaurant has

frozen [14]

Answer:

55 cents

Explanation:

75 cents each for a taco

$1,50 for two tacos (75×2)

80 cents for a medium drink

Total cost =1.50+0.80=$2.30

Additional taco =2.30+0.75=$3.05

Value meal =$2. 50

The marginal cost for Jordon to purchase an additional taco instead of the value meal =

3.05-2.50=55 cents

6 0

4 years ago

Fenton Incorporated plans to do business with a company located in the Leone Republic, a common law country. The companies have

Alona [7]

Since the contract will be drafted under a common law framework, <u>it will be based on tradition, precedent, and custom.</u>

<h3>What is a common law contract?</h3>

Contracts drafted under a common law system give judges the opportunity to interpret disputes using the prevailing situations. A common law system adjudicates cases based on judicial precedent. Judicial precedents are established through case law.

Thus, common law contract cases <u>will be based on tradition, precedent, and custom.</u>

Learn more about common laws at brainly.com/question/7803647

7 0

2 years ago