Answer:
1a. Recognized Gain $20,000
1b. Basis $625,000
Explanation:
1a. Calculation for Miller's recognized gain using this formula
Miller's recognized gain =Condemnation award-Costs of building a new office
Let plug in the formula
Miller's recognized gain=$850,000-$830,000
Miller's recognized gain=$20,000
Therefore Miller's recognized gain will be $20,000
1b.Miller's basis
Based on the information given we were told that Miller's office building had an adjusted basis of the amount of $625,000 which simply means that Miller's BASIS for the new office BUILDING will be the amount of $625,000
Therefore the Basis is $625,000
Answer:
In each succeeding payment on an installment note:
b. The amount that goes to interest expense decreases.
Explanation:
With each installment settled, the principal amount will continue to reduce and as a result, the amount that will be recognized as interest expense will also decrease. This is because the interest expense is calculated based on the principal amount, which is decreasing with each installment. The interest expense for a previous period will not be the same for the future period.
The answer is c 28 years old
Answer:
b. niche marketing
Explanation:
Niche marketing is the type of marketing that involves promoting and selling a product and service to a particular section within a large market. Niche marketing focuses on specific market targets that will benefit from a particular product or service and not the entire market. This type of marketing strategy is highly cost effective.
Niche marketing helps a business to build their brand, it also helps a business to penetrate a particular section of the market and meet customers needs and desire.
Answer:
Option D is correct.
Explanation:
A manufacturer’s compliance with the occupational and safety code is least likely to have a direct effect on the financial statements of the entity identified.
