they generally manage hotels for a fee
Answer: $107,600 ordinary gain and $530,400 Section 1231 gain
Explanation:
Section 1231 property is when a business property that's either real or depreciable is held for more than one year. It should be noted that section 1231 gain which arises when the property is sold will be taxed at lower capital gains tax rate which is versus the ordinary income rate.
Therefore, Kuong should characterize the $638,000 gain recognized on sale as $107,600 ordinary gain and $530,400 Section 1231 gain.
The correct option is C.
Answer:
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<span>Someone may choose to own a car instead of leasing because they may end up needing to drive it farther and longer than the set milage or wanting to own the vehicle outright instead of making lease or rental payments. If you damage the vehicle, it also becomes more expensive because you do not own it entirely. Reporting damage or mile overage to the leasing company results in fees and penalities. </span>
Persuade potential clients to attempt a sample of the product. Emphasize that the product is more innovative than its rivals.
Promote the agency website as a way for customers to research more about the product.
<h3>What is a Marketing objective?</h3>
A announcement of what is to be accomplished through advertising activities.
<h3>What is the principal goal of advertising strategies?</h3>
The reason of a marketing design is to have a defined path to go to achieve new customers, support relationships with present day clients and clients, extend sales, enhance retention and expand company awareness.
Learn more about marketing objectives here:
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