Answer:
b. Product line
Explanation:
Product line -
It refers to the combination of various products that are all placed under same name of brand , is referred to as the product line .
Companies use this strategy in order to gain more profit and publicity on the goods and services .
The method is adapted to increases the range of products that a company offers .
Hence , from then given scenario of the question ,
The correct answer is product line .
Answer and Explanation:
The computation is shown below
Depletion expense per cubic feet would be
= Total cost ÷ Total cubic feet
= $15.3 million ÷ 8 million
= $1.9125 per cubic feet
Now
Depletion for year 1
= Number of cubic feet extracted × Depletion per cubic feet
= 800,000 × $1.9125
= $1,530,000
And, for the depletion for year 2
= 1,600,000 × $1.9125
= $3,060,000
Answer and Explanation:
a. A partner can report his share of the loss of partnership on his personal income tax return to the base limit during his or her partnership interest.
Its partnership interest is based on $45,000 and its share of loss of the partnership is $24,000
So W can report all of the $24,000 partnership loss on his personal income tax return.
b. W's partnership loss reported on his income tax return, and the cash distributed by the partnership to him will reduce his partnership interest base.
Now,
W's basis in his partnership interest at the end of 2014 is
= W's basis in his partnership interest - Partnership loss reported by W on his income tax return - Cash distributed to W by the partnership
= $45,000 - $24,000 - $12,000
= $9,000
The answer is the inflation from 2005 to 2006 has changed by [3.6%]
