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omeli [17]
3 years ago
13

g The Blue Utilities Company paid Sue $2,000 for the right to lay an underground electric cable across her property anytime in t

he future. a. Sue must recognize $2,000 gross income in the current year if the company did not install the cable during the year. *b. Sue is not required to recognize gross income from the receipt of the funds, but she must reduce her cost basis in the land by $2,000. c. Sue must recognize $2,000 gross income in the current year regardless of whether the company installed the cable during the year. d. Sue must recognize $2,000 gross income in the current year, and when the cable is installed, she must reduce her cost basis in the land by $2,000. e. None of the above.
Business
1 answer:
Ksenya-84 [330]3 years ago
4 0

Answer:

B. Sue is not required to recognize gross income from the receipt of the funds, but she must reduce her cost basis in the land by $2,000

Explanation:

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To create and capture customer value, companies must engage the first step of the marketing process, which is  Research Your Ideal Customer/Audience.

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In this case, it should be noted that create and capture customer value, companies must engage the first step of the marketing process, which is  Research Your Ideal Customer/Audience.

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2 years ago
Wu Systems has the following balance sheet. Assume that all current assets are used in operations. How much net operating workin
Alex

Answer:

It is e $990

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Cash + Account Receivable  + inventory - accurals expenses - Account payable = net operating working capital

100 + 650+ 550         -    110      -   200                  =

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3 years ago
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Volgvan

Answer: $546

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