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Helga [31]
3 years ago
7

Stephanie's building, which was used in her business, was destroyed in a fire. Stephanie's adjusted basis in the building was $1

75,000, and its FMV was $210,000. Stephanie filed an insurance claim and was reimbursed $200,000. In that same year, Stephanie invested $180,000 of the insurance proceeds in another business building. Assuming the proper election is made to defer gain, Stephanie's basis in the new building will be

Business
1 answer:
icang [17]3 years ago
5 0

Answer:

$1,75,000

Explanation:

Please see attachment

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The length of time to perform an activity is often dependent upon who will do that work.
Alex787 [66]

Answer:

True

Explanation:

6 0
3 years ago
Read 2 more answers
Landing Service is a lawn furniture company that has been around for many years. It is known for its ability to produce furnitur
morpeh [17]

Answer:

Landing Service

1. Refer to Landing Service. Because the company is known for its ability to produce lawn furniture more efficiently than any other company in the world, the company must have a(n) ____ advantage.  

e. absolute

2. Refer to Landing Service. What type of tax has the Brazilian government imposed on the company?

a. Import duty

Explanation:

Landing Service enjoys absolute advantage with its ability to produce furniture more efficiently than any other company in the world.  It implies that Landing Service can produce furniture with lesser input resources than other furniture companies in the world.

Import duty, in this scenario, refers to the tax imposed by the Brazilian government on Landing Service's furniture. This tax increases the price of the furniture for the Brazilian importers and consumers.

3 0
2 years ago
Fill in the blank with one of the following words: bacteria, fungi, parasites, viruses.
denis23 [38]

Answer:

Corona and china

3 0
3 years ago
I think I have the correct answers but I would like a second opinion
Sergio039 [100]

Answer:

the answer is c

Explanation:

3 is in the hundreds

3 0
3 years ago
Southland farm sold ten september futures contracts on wheat. Southland farm will:______.
Oliga [24]

Southland farm sold ten September futures contracts on wheat. Southland farm will: both receive payment and deliver in September. Option A. This is further explained below.

<h3>What is the payment?</h3>

Generally, the act or process of making a monetary contribution to someone or something, or of receiving a monetary contribution.

In conclusion, Wheat futures contracts were sold by Southland Farm for 10 contracts in September. September will be a busy month for the Southland farm, with both payments and deliveries.

Read more about payment

brainly.com/question/15136793

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2 years ago
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