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natima [27]
3 years ago
7

Which of the following accurately describes a capital gain

Business
2 answers:
valina [46]3 years ago
8 0

Answer:

An increase in the value of an investment

verified on  a p e x

Aleonysh [2.5K]3 years ago
4 0

Answer:

An increase in value of an investment

Explanation:

If you are referring to the question:

Which of the following accurately describes a capital gain?

a. An increase in the value of an investment.

b. An u p w a r d trend in prices.

c. A rise in the standard of living.

Capital gain refers to the increase or rise in value of capital assets. Capital assets are things like real estate, cars, investments, and the like. It basically means that what you bought or invested in would be worth more than its purchasing price when sold. Of course, the gain does not occur until you sell it.

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Waterway Industries purchased a depreciable asset for $610000 on January 1, 2018. The estimated salvage value is $61000, and the
Wittaler [7]

Answer:

The depreciation charge in 2021 is $ 164,000.00  

Explanation:

Annual depreciation charge=cost-salvage value/useful life

cost is $610,000

salvage value is $61,000

useful life is 9 years

Annual depreciation charge=($610,000-$61,000)/9=$61000

The depreciation of charge of $61000   is applicable to years 2018 ,2019 and 2020 respectively.

The estimates of the asset changed in the year 2021,hence a new depreciation based on the present book value is required.

revised depreciation charge=$610,000-($61,000*3)-$99,000/(5-3)=

$164,000.00  

5 0
3 years ago
Consider Paul's decision to go to college. If he goes to college, he will spend $90,000 on tuition, $15,000 on room and board, a
Katen [24]

Answer:

B. $123,000

Explanation:

The computation of the Paul's cost of going to college is presented below:

= Tuition fees + room and board charges + books expenses + earning as a construction job - room and board charges

= $90,000 + $15,000 + $7,000 + $22,000 - $11,000

= $123,000

We simply deduct the room and board charges while working as a construction job and the other items would be added

4 0
3 years ago
Which phrase best completes the diagram?
defon
The answer would be B
7 0
2 years ago
Read 2 more answers
The following is a trial balance of Barnhart Company as December 31, Year 1: Account Title: Debit Credit Cash 12,500 Accounts Re
Tanzania [10]

Answer:

The total amount of assets is 15,750.

Explanation:

Reproducing the trial balance below for clarity:

Account Title                  Debit           Credit

Cash                                12,500

Accounts Receivable     3,250

Accounts Payable                               2,800

Common Stock                                   6,600

Retained Earnings                              4,500

Service Revenue                                7,450

Operating Expenses       5,100

Dividends                         500

Total                                21,350         21,350

Calculation of Total Assets:

Total assets = Cash + Accounts Receivable

                    = 12,500 + 3,250

                    = 15,750

Note that among the given accounts, accounts cash and accounts receivable are assets; accounts payable is a liability; common stock and retained earnings are part of the capital; service revenue is a form of revenue; while operating expenses and dividends are expenses.

7 0
3 years ago
Which of the following examples describes how data science can improve<br> business outcomes?
Elis [28]

The data science can alter business resultants with the support of Analytics.

<h3>What is Analytics?</h3>

The systematized combinatorial investigation of the subject matter or applied mathematics is known as analytics.

It is a tool for determination, interpreting, and communicating crucial structures in data.

It also implies using data patterns to make more intelligent decisions. With the usage of analytics, data science may modify and better business outcomes.

Therefore, the Analytics can improve the business outcomes.

Learn more about the data science, refer to:

brainly.com/question/20815848

#SPJ1

3 0
1 year ago
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