Answer:
Darla's amount realized on the sale is $800
Adjusted basis in the assets sold is $300
Producing a realized gain on the sale of $500
Explanation:
Amount realized = cash received + FMV of other property + buyer’s assumption of seller’s liabilities – seller’s expenses
Amount realized = 600 + 200 + 0 -0
= $800
Adjusted basis = initial basis – cost recovery deductions
Adjusted basis = 2500-2200 = $300
Gain or loss realized = amount realized – adjusted basis = 800-300
= $500
Therefore Darla's amount realized on the sale is $800 and the adjusted basis in the assets sold is $300, producing a realized gain on the sale of $500
Answer:
TarHeel's accounting effective tax rate is 19.95%
Explanation:
The effective tax rate is the hypothetical tax rate adjusted for the tax cost or benefit from permanent difference.
the dividend received deduction reduces the Effective tax rate
= 50,000*21%
= 10,500/1,000,000
= 1.05%.
Effecttive tax rate is 21% - 1.05% = 19.95%
Therefore, TarHeel's accounting effective tax rate is 19.95%
Answer:
A predatory pricing program.
Explanation:
This can be easily be referred to as undercutting in pricing system of marketing. It is is also known to be a marketing strategy and pattern where a firm or brand that is dorminant or tries to be dorminant by cutting its price temporarily to get the trust or likeness or addiction for the said brand only to hike the price in later times. Therefore, customers of the said brand's enjoying of the low price will be shirt-lived after a few days/month.
Answer:
74,000 ounces
Explanation:
Eve cosmetics is using cost accounting methods to identify the ounces it produces during a period. Work in process are the units which are partially completed during the period. Completed units include the finished goods units. To calculate ounces started and completed during the period we minus beginning work in process from the ounces completed by Filling department.
89,700 ounces - 15,700 ounces = 74,000 ounces.
