Answer:
That is $2,000 loss
Explanation:
After the hurricane Oscar received $140,000 for his loss, the adjusted basis for his property was $130,000 so he had a gain of 140,000- 130,000=$10,000.
According to Sec. 1033(a)(2) since the new property that was built (the replacement) was similar we will recognise the amount received from the insurance company ($140,000) to the extent that it pays for the replacement property.
That is
Gain or loss = amount paid by insurance company- cost of replacement property
Gain or loss= 140,000- 142,000
Gain or loss= -$2,000
That is $2,000 loss
Answer:
b. The standardization and grading function
Explanation:
Based on the information provided within the question it can be said that the function of marketing that does this is the standardization and grading function. This helps the customers with buying and selling of goods by sample or description. In other words by sorting them by a specific size and quality so that customers already understand what it is and do not have to bother with a detailed assessment.
Answer:
The correct answer to the following question will be Option A (Corporation).
Explanation:
A Corporation seems to be a separate legal entity and is different from its proprietors. Corporations possess most of individual responsibilities and rights: they can sign contracts, lend and borrow the money, sue and prosecute, hire workers, own properties, and paying taxes. Some call him a "legal person".
A company form that declares the enterprise as a distinct, corporate entity governed by people known as the management board. Perhaps the most beneficial way to begin an enterprise is a corporate structure, as the organization operates as a distinct entity.
Therefore, Option A is the right answer.
It's 16.282. ok I don't think for sure though
Answer:
The correct answer is letter "D": is the number of copies of the magazine that the publisher expects to circulate.
Explanation:
Magazines are mediums of communication characterized for focusing on providing information to a specific customer in the market. In such a scenario we can identify auto magazines, computer and electronics magazines, and cuisine magazines just to mention a few.
The drawback of magazines relies on the delay of the information portrayed since magazines are portrayed periodically -once in a week, or once in a month usually, which implies by the time magazine is printed the information portrayed might have changed.
However, <em>magazines sales managers handle a guaranteed circulation estimate that represents the expected number of copies the publisher aims to circulate.</em>