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polet [3.4K]
3 years ago
8

The following information for "2019" pertains to Bartley Corporation: Capital contributions by shareholders $50,000 Realized los

s on sale of treasury stock (10,500) Income from rental property in a sinking fund (in the hands of a trustee) 5,500 Rent paid directly to a bond holder on a lease of corporate property 8,000 What is the amount of gross income to Bartley Corporation for 2019?
Business
1 answer:
Nadusha1986 [10]3 years ago
7 0

Answer:

$13,500

Explanation:

Bartley's gross income should include only two items:

  1. income from rent paid directly to a bond holder
  2. income from rental property in a sinking fund

2019 gross income = $8,000 + $5,500 = $13,500

The net gains or losses associated to the selling or rebuying of stocks are considered capital gains or losses, and they are taxed differently than gross income.

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If the supply and demand curves for a product both decrease, then equilibrium
zhuklara [117]

Answer:

Letter c is correct

Explanation:

In this case, the amount of supply will be smaller and the price may remain, rise or fall. The factor that influences this price behavior is the law of supply and demand, it will determine what will be the prices of a market. So if there is a balance between supply and demand, the most likely to happen is price stabilization, which can be changed more or less depending on other economic factors that may arise, such as the emergence of a competitor.

8 0
3 years ago
Typing, Inc. has been an S corporation since its inception. On July 4, 2019, Typing distributed $50,000 to Jerusha. Her basis in
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Answer:

Answer is $15,000

$6,000 share of ordinary income plus $9,000 gain for a $50,000 distribution in excess of her $41,000 stock basis.

3 0
3 years ago
A _________ specializes in developing plans and recommendations that meet the software and system needs of an organization.
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A person that develop plans as well as making recommendations so that software and system needs can be met in an organization is systems analyst.

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Learn more:

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5 0
2 years ago
If a manufacturing process takes 4 hours per unit of x and 2 hours per unit of y and a maximum of 100 hours of manufacturing pro
lilavasa [31]

Answer:

The algebraic formulation of the constraint is 4X+2Y ≤ 100

Explanation:

The algebraic formulation of the constraint is shown below:

Given that

The number of hours taken per unit of x is 4 hours

And the number of hours taken per unit of x is 2 hours

And, the maximum hours available is 100

Now based on the above information

The  algebraic formulation of the constraint is

= 4X+2Y ≤ 100

hence, the same is to be considered

6 0
3 years ago
Richard participated in a study conducted by an advertising agency. During his interview, he was asked to gauge the services pro
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Answer:

The correct answer is letter "A": product-specific preplanning inputs.

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6 0
3 years ago
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