Answer:
c.$17,800
Explanation:
Sunk cost is a term that refers to money that has been spent and cannot be recovered or recouped.
$17,800 that was used by Hi-tech to purchase computers cannot be recovered. So ,it is the sunk cost.
Answer:
10400
value deprecates by 2600 each year
13000 ÷ 6 = 2600
first year 13000
2nd year 10400
3rd year 7800
4th yr 5200
5th year 2600
6th yr 0
ig...
Answer:
The distribution by Fargo corporations has the following tax consequences
- The corporation has distributed an appreciated property( that on its own makes it liable for tax)
- The corporation must recognize the gains or losses made on the distribution as if the corporation was selling the property to the shareholder.
- Apply capital gains tax on the gains or losses
- capital gain = $310000-$260000 =$50000
- Apply any annual exclusion and multiply by the Capital Gains Tax to arrive at Taxable Capital Gain to be included in incomes
The shareholder will recognize dividend received in the market value and will be subject to exemptions if applicable.
Explanation:
Answer: Self-interest, competition, and incentives promote smoothly running markets. Unforeseen events disturb supplies of goods and services and affect prices in the marketplace. Rising prices, specialization, negative incentives, and multiple markets.
Explanation: Hope this helps :)
Answer:
I think the answers are: B and D.
Explanation:
I too have kitchen towels.