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lozanna [386]
3 years ago
8

Juliana purchased land three years ago for $50,000. She gave the land to Tom, her brother, in the current year, when the fair ma

rket value was $70,000. No gift tax is paid on the transfer. Tom subsequently sells the property for $63,000.

Business
1 answer:
Nadya [2.5K]3 years ago
8 0

Answer:

Please see attachment

Explanation:

Please see attachment

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Which of these is the result of a government-regulated natural monopoly?
mezya [45]
I believe it would be C.) multiple installations of gas, water, and electric lines
5 0
3 years ago
Read 2 more answers
A company purchased factory equipment on April 1, 2021 for $175000. It is estimated that the equipment will have a $25000 salvag
bija089 [108]

Answer:

b. $11250

Explanation:

Capitalized Cost of Equipment = $175,000

Life of Assets = 10 years

Residual value = $25,000

Depreciable value = Cost - Salvage value

Depreciable value = $175,000 - $25,000

Depreciable value = $150,000

Depreciation per year = Depreciable value / Life of assets

Depreciation per year = $150,000/10 years

Depreciation per year = $15,000

Depreciation from April to December 2021 = $15,000*9/12

Depreciation from April to December 2021 = $11,250

3 0
2 years ago
i have 44 labels on 11 sheets and 4 labels per sheet I have counted 6 packages of supplies....how many labels are there?
11111nata11111 [884]
There are twenty four labels from what I got
7 0
3 years ago
A fad shifts the demand curve for a toy to the right. When the fad ends, the demand curve will shift back to the left. How are t
NARA [144]

The shifts in the demand curve directly affect the demand for labor for the toy manufacturer which means the rightward shift in the demand curve requires more labor whereas the leftward shift requires less labor.

<h3>What do you mean by labor?</h3>

Labor also called human labor is the workforce who are engaged in the production of a product. The requirements of the labor totally depend on the demand for the product.

When the demand curve shifts toward the right that means the demand for the toys getting increases which leads to more requirements for human labor and when the demand curve moves towards the left, this means a decrease in demand for toys which results in lesser requirements for human labor. This shows a direct effect on the manufacturer of toys regarding the demand for labor.

Therefore, the changing of shifts will affect the manufacturer's demand for labor in a direct manner.

Learn more about the demand curve in the related link:

brainly.com/question/1915798

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8 0
1 year ago
Upon graduation from high school, a young man wanted to enroll in a nine-month program at a community college to study to be an
Stolb23 [73]

Answer:

<em>B. The contract was oral. </em>

Explanation:

The young graduate will most likely not succeed in attempting to enforce the promise made by his grandpa since the promise has not been in writing, as mandated by the Frauds Statute.

In particular, agreements do not have to be binding in writing; though, by the Frauds Statute, other agreements would not be binding unless they have been demonstrated by a document signed by the party to be indicted.

Another such arrangement is to pay another's debt, like the grandpa's promise to pay the uncle's debt here if he fails to pay.

<em>Hence, the Option B is right.</em>

7 0
3 years ago
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