1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vladimir79 [104]
3 years ago
10

LO.9 Renata Corporation purchased equipment in 2017 for $180,000 and has taken $83,000 of regular MACRS depreciation. Renata Cor

poration sells the equipment in 2019 for $110,000. What is the amount and character of Renata’s gain or loss?
Business
1 answer:
Pani-rosa [81]3 years ago
7 0

Answer:

It will be considered a long-term capital gains as Renata Corporation holded for a priod of time longer than a year.

The gain will be the difference between tax basis (cost - tax purporse depreciation) which amount to $13,000

Explanation:

selling price           110,000

180,000 - 83,000 = 97,000 tax basis

long.term capital gain 13,000

You might be interested in
New Business Ventures, Inc., has an outstanding perpetual bond with a coupon rate of 11 percent that can be called in one year.
Virty [35]

Answer:

961.88

Explanation:

First, examine whether the bond will be called if interest rate falls to 9%. The call price is

1,000 + 125 = 1,222. Bond price at 9% yield will be

$110/0.13 > call price of 846.15

Bond will be called. The price of the callable bond therefore is:

=+[.60(846.15)+.40(1125)]/1.11+110/1.11 =961.88

8 0
3 years ago
Estee Lauder Co.now sells most of its flagship products directly online. This choice, made around 2000, resulted in substantial
mario62 [17]

Answer: Vertical Supply Channel Conflict

Estee Lauder Co.now sells most of its flagship products directly online. This choice, made around 2000, resulted in substantial __________ with the various high-end retailers.

Horizontal supply chain conflict.

Vertical supply chain conflict.

Vertical channel dissonance.

Contract re-negotiations.

Explanation:

Vertical Supply Channel Conflict occurs between members of different supply channel levels. For example, between a manufacturer and a wholesaler or between a wholesaler and a retailer.

This is the type of conflict that arose from Estee Lauder's decision to sell online directly to customers.

Horizontal Supply Channel Conflict occurs between members of the same channel level. An example is two retailers selling the same brand in the same shopping mall.

6 0
3 years ago
a manager's reluctance to delegate, as seen in the video, relates to which of the four management functions?
Misha Larkins [42]

A manager's reluctance to delegate, as seen in the video influencing relates to the management function.

What's delegate in a sentence?

If you delegate duties, obligations, or strength to a person, you deliver them those responsibilities or responsibilities or that strength, in order to act in your behalf. He desires to delegate extra obligations to his employees.

What is an instance of a delegate?

An example of delegate is while you tell a person to get your mail for you. The definition of a delegate is a consultant authorized to speak or act for others. An instance of a delegate is a baby-kisser who speaks on behalf of a group of people. One who acts on behalf of one or greater others in an authentic capability.

How do you delegate personnel?

Each assignment you delegate to a person else should include clear direction and context. allow the employee realize why they may be being assigned the undertaking and the way the project will benefit the general challenge or company. Make time to reply any questions and provide feedback while necessary.

Learn more about delegate here:- brainly.com/question/14155844

#SPJ4

6 0
1 year ago
MC Qu. 116 CWN Company uses a job order costing... CWN Company uses a job order costing system and last period incurred $90,000
ANTONII [103]

Answer:

65%

Explanation:

Calculation to determine its predetermined overhead rate for the next period should be:

Using this formula

OH rate = Estimated overhead next period/direct labor

Let plug in the formula

OH rate = $65,000/$100,000

OH rate = 65%

Therefore If CWN bases applied overhead on direct labor cost, its predetermined overhead rate for the next period should be: 65%

4 0
3 years ago
The Association of Organic Food Growers, which does not include all organic farmers and ranchers, refuses to deal with any parti
zmey [24]

Answer:

a per se violation of antitrust law.

Explanation:

The antitrust laws can be defined as those laws that are created by the US government to protect consumers from unfair means of competition in market. The aim of creating such laws is to ensure the protection of customers from corruptive business practices and also to ensure safe healthy competitive environment among same business companies.

<u>In the given scenario, the Association of Organic Food Growers is violating the antitrust law by boycotting farmers, ranchers, etc. The antitrust laws are violated by companies in several ways among them is by boycotting</u>.

Boycotting can be defined as an agreement between several companies that excludes a group of customers or market to avert them from buying aanyy goods or products.

This boycotting agreement is a per se violation of antitrust law.

5 0
3 years ago
Other questions:
  • Holly wants to have an extravagant wedding on an exotic, tropical island. She dreams that the weather will be perfect and that a
    12·1 answer
  • The funded status of Hilton Paneling Inc.'s defined benefit pension plan and the balances in prior service cost and the net gain
    10·1 answer
  • During its first year of operations, Mack's Plumbing Supply Co. had sales of $3,250,000, wrote off $27,800 of accounts as uncoll
    10·1 answer
  • In 30 words or fewer, explain why it is important to write your personal information on an application.
    6·1 answer
  • Yuhhhhhhh yu alr know the vibesss<br> im now a expert yhhhhhhhhhhhhhhhhhhhhh
    6·2 answers
  • Any guys wanna join a pad <br> let
    13·2 answers
  • During 2020, Starnes Corporation developed a patent. Starnes incurred the following costs related to the development of the pate
    11·1 answer
  • The activity that involves creating, communicating, delivering, and exchanging offerings that have value for customers, clients,
    15·1 answer
  • which of the following is not an economic goal of leaders of most nations? a. efficiency b. price stability c. growth d. full em
    15·1 answer
  • 6. A listing broker should:
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!