management system characteristics recommend the use of:
Technical language
Answer:
TRUE
Explanation:
acceptance of a contract becomes effective, regardless of the medium of sending and receiving the information.
Answer:
long-term capital loss 10,000
Explanation:
80,000 purchase
(40,000) accumulate depreciation
40,000 net book value
30,000 sales price
-10,000 loss
This is a long-term capital loss because the assets was in the company possesions for a longer time than 12 months.
Answer:
$160,000
Explanation:
Calculation of the car dealership's profit
Using this formula
Profit= Total revenue- Amount Spend
Where,
Total revenue=$300,000
Amount Spend=$140,000
Let plug in the formula
Profit =300,000-140,000
Profit =160,000
Therefore the car dealership's profit will be $160,000
Answer:
c. $524,000 and $250,000
Explanation:
See the attached picture for detailed explanation.
