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Crank
3 years ago
10

Fran was transferred from Phoenix to Atlanta She sold her Phoenix residence (adjusted basis of $250,000) for a realized gain of

$50,000 and purchased a new residence in Atlanta for $375,000 Fran had owned and lived in the Phoenic residence for 6 years What is Fran's recognized gain or loss on the sale of the Phoenix residence and her basis for the residence in Atlanta?
A. $0 recognized gain/loss; $375,000 basis
B. $0 recognized gain/loss $425,000 basis
C. ($50,000) recognized loss; $325 000 basis
D. ($50,000) recognized loss; $375,000 basis

Business
1 answer:
Vedmedyk [2.9K]3 years ago
8 0

Answer:

A. $0 recognized gain/loss; $375,000 basis

Explanation:

Please see attachment.

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Answer:

The answer is A) target market.

Explanation:

A target market is a group of consumers or organizations most likely to buy a company's products or services.

6 0
3 years ago
Describe data processing in accounting by selecting the correct statements below. (Check all that apply.) Multiple select questi
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Answer:

✓Batch processing accumulates source documents for a period of time and then processes them all at once.

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Explanation:

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The data processing can be regarded as process which involves set of operations that helps in transforming data to useful information. This encompass Collection of data, sorting of data to suitable format, entry of data. In accounting this process could involve recording, as well posting/closing steps which are required in the journals and ledgers. It should be noted that data processing in accounting can be described as;

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3 0
2 years ago
Suppose you hit a 0.058-kgkg tennis ball so that the ball then moves with an acceleration of 10 m/s2m/s2. If you were to hit a b
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Answer:

1 m/s2

Explanation:

The force on a body ( which is a pull or push) is given by the formula

F = Ma

where F is the force, a is the acceleration and M the mass of the body

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a = 0.058 × 10/0.58

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The acceleration of the basketball will be 1 m/s2.

8 0
3 years ago
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3 years ago
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sasho [114]
The answer is Positioning.
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2 years ago
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