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IgorLugansk [536]
4 years ago
10

Spencer has an investment in two parcels of vacant land. parcel 1 is a capital asset and parcel 2 is a § 1231 asset. spencer alr

eady has short-term capital loss for the year he would like to offset with capital gain. spencer has § 1231 lookback loss that exceeds the gain from the disposition of either land parcel. spencer only wants to sell one land parcel and each of them would yield the same amount of gain. the gain that would be recognized exceeds the short-term capital loss spencer already has. which of the statements below is correct?
Business
1 answer:
Anuta_ua [19.1K]4 years ago
8 0
I'm so sorry I don't know hopefully someone will help u
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1) Explain in brief the creations of controlled environment for off season vegetable farming.
Orlov [11]

Answer:

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3 0
3 years ago
Is a measurement of the way suppliers respond to a change in price
KengaRu [80]

Answer:

Elasticity

Explanation:

Elasticity of supply is a measure of the way suppliers respond to a change in price.  

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3 0
3 years ago
Culver Corporation’s adjusted trial balance contained the following asset accounts at December 31, 2017: Cash $8,220, Land $40,8
Dovator [93]

Answer:

See explanation Section

Explanation:

             Culver Corporation

 Balance Sheet (Current Asset only)

        As at December 31, 2017

Particulars                         $                         $

Cash                                                        $8,220                

Accounts Receivable $97,530

Less: Allowance for

<u>Doubtful Accounts       (4,520)           </u>   $93,010

Prepaid Insurance                                   $6,040

Inventory                                                $34,900

<u>Equity Investments                                  $13,510</u>

Current Assets                                     $155,680

Note: As equity investment will be sold in the next year, it is shown as current assets. Land and patents are property, plant, and equipment.

8 0
3 years ago
Suppose 90-day investments in Britain have a 6% annualized return and a 1.5% quarterly (90-day) return. In the U.S., 90-day inve
Vilka [71]

Answer:

1 pound = $1.6582

good luck

5 0
4 years ago
james has set the goal of achieving all "A"s during this year of school. Which term best describes this goal. A. long-term goal
lyudmila [28]

that answer should be A long term goal

5 0
4 years ago
Read 2 more answers
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