Answer:
$4,600
Explanation:
Casualty loss deduction = Adjusted basis - insurance compensation = 5800-1200= $4,600
Answer:
cash generated from investing activites 9.1 millions
Explanation:
proceeds from investment 31 millions
proceeds from land 14.9 millions
purchase of equipment (24.9 millions)
purchase of patent (11.9 millions)
cash generated from investing activites 9.1 millions
The purcahse of treasury stock
and the sale of treasury stock (own common stock)
should be disclosure in the financing activities
Answer:
Gentrification can cause low rents, immigration, and increasing population.
Explanation:
Answer:
Total variable cost= 90,000
Total fixed costs= 8,000
Total costs= $98,000
Explanation:
Giving the following information:
Production of 15,000 units:
Fixed costs= $8,000
Total variable cost= $75,000
We have no reason to believe that the fixed costs will change. If 18,000 units remain in the relevant range, the fixed costs are constant.
<u>We need to calculate the unitary variable cost:</u>
Unitary variable cost= 75,000/15,000= $5
Now, for 18,000 units:
Total variable cost= 5*18,000= 90,000
Total fixed costs= 8,000
Total costs= $98,000
Answer: Is all of the above.
Explanation:
Accounting involves the process of taking accurate records of financial and non-financial activities of a business organization. Accounting is the language of business as it is needed for every business to succeed, also in accounting, records are kept that are useful in decision making.
