Answer:
The result of the disposal transaction is neither a loss or a profit
Explanation:
The expression for the book value is as shown;
B.V=P.C-A.D
where;
B.V=book value
P.C=purchase cost
A.D=accumulated depreciation
In our case;
B.V=unknown
P.C=$48,000
A.D=$31,000
replacing;
Book value=48,000-31,000=$17,000
The profit or loss from the sale of the machine, can be expressed as;
profit/loss=sales price-book value
where;
sales price=17,000
book value=17,000
profit/loss=17,000-17,000=0
The result of the disposal transaction is neither a loss or a profit
Answer:
(A) 4.8 months
Explanation:
After the expiration of a lease, a maximum of one third allowance is usually given.
Therefore, The expected vacancy at the end of this lease can be calculated as follows:
The expected vacancy = 60% × 12 × (2 ÷ 3) = 4.8 months
Therefore, the expected vacancy at the end of the lease is 4.8 months.
Answer:
direct channel (or producer to consumer)
Explanation:
This channel is appropriate when a producer is trying to introduce an innovative product or service and wants to reach a large audience. The best way a manufacturer or producer can sell its products or services directly to consumer is through internet sales.
True customers come first.
Hope this helped :)
-Warning2
Answer:
a. A nonresident alien can be an S corporation shareholder. (However, generally, we can't see non resident aliens owning shares, but it is not illegal.)
c. An S corporation can have more than 100 shareholders, since families are treated as a single shareholder.
Explanation:
A nonresident alien is a person who is not a U.S. citizen and does not pass the green card or substantial presence tests used to determine tax status and citizenship. Foreign Students are a good example for this.
these non residents usually do not hold ownership in corporations.
The term "S corporation" means a "small business corporation".
S corporations limit is 100 members, however, since the family members are treated as "individual one person", the number 100 could change in the practical scenario.
The option d is obviously wrong!
Option b is incorrect as well. Corporations and Partnerships can not own stake in S corporations.
