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Zigmanuir [339]
3 years ago
7

Sarah received a gift of farmland from her father. The land was worth $4,000,000 at the date of the gift, had been farmed by her

father for 40 years, and had a tax basis for her father of $30,000. Sarah never farmed the land and sold it eight months after receiving it from her father for $4,200,000. What is Sarah’s holding period for the farmland? What is the nature of the gain from its disposition?

Business
1 answer:
xz_007 [3.2K]3 years ago
7 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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McDonald’s requires $750,000 in cash or liquid assets, a __________ initial fee, plus a monthly service fee based on the restaur
nignag [31]

McDonald’s requires $750,000 in cash or liquid assets, a $45,000 initial fee, plus a monthly service fee based on the restaurant’s sales performance and rent.

Explanation:

According to McDonald's, total project expenditures, including construction costs and upgrades, vary from $1 million to $2.2 million. The number is determined by the restaurant geography and scale and the preference of kitchen equipment, branding, design style and landscaping.

McDonald's charges a franchisee premium of $45,000 and a monthly service rate equivalent to 4% of gross sales. Franchisees also have to pay rent, a proportion of the monthly sales to the client.

The International Union of Service Employees estimates that franchisees pay an average of 10.7% of revenue in rental costs.

The startup costs for McDonald's franchisee are like those of KFC, Wendy and Taco Bell.

6 0
3 years ago
Using the following routing information and a From-To Chart, determine the total flow efficiency of the parts assuming an alphab
frosja888 [35]

Answer:

hello your question is incomplete attached below is the complete question

answer: 28.12%

Explanation:

The first table is the allotting of relative weighted value in from to chart and also finding the Total.

The second table is found by multiplying 1-times cell distance in the upper 2-times with cell distance in lower triangular values.

Hence Flow efficiency = (Total / penalty ) * 100

                         = ( 36 / 128 ) * 100 = 28.12%

7 0
3 years ago
The government of Wrexington, a country which has adopted American GDP accounting conventions, reported that GDP in quarter 3 wa
yanalaym [24]

Answer:

C. $12 billion.

Explanation:

GDP refers to the Gross domestic product. It means that the market value of all final goods and services produced within the country.

Since in the question the GDP reported in quarter 3 was $12 billion and the same is to be considered as a GDP because it reflected the market value of all final goods and services

Therefore, the correct option is c.

3 0
3 years ago
Explain how a school's published price (also known as<br> sticker price) and net price differs.
miv72 [106K]

Answer:

Sticker price is the published tuition and fees whereas net price is what the student pays after financial aid (much lower than sticker price).

Hope this helped! :)

5 0
3 years ago
1. "If bonds of different maturities are close substitutes, their interest rates are more likely to move together." Is this stat
Alecsey [184]

Answer:True

Explanation:

A bond is a debt Security issued either by large companies or Governments in order to raise money for capital projects. A Bond usually have maturity date(the date at which the bond will yield it interest or profit).

WHEN BONDS OF DIFFERENT MATURITIES ARE CLOSE SUBSTITUTES, WHEN THE INTEREST RATE OF ONE OF THE BONDS INCREASE,THE INTEREST RATE OF ITS CLOSE SUBSTITUTES WILL INCREASE BECAUSE THE EXPECTED RETURNS OF BOTH ARE NOT EXPECTED TO BE OUT OF THE NORMAL.

5 0
3 years ago
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