Answer:
A 1031 Exchange allows a taxpayer like Rodriguez to temporarily differ any capital gains when they sell a property and immediately purchase another property using the proceeds from the sale. In the first part of the question, Rodriguez sold a property that had a basis of $57,000 for $65,000, and immediately but another property worth $65,000. That means that he doesn't need to immediately pay any taxes for the $8,000 gain.
But if the situation is the opposite. Instead of making a gain, Rodriguez lost money, then he should immediately record the $8,000 loss in order to lower his taxes. The less taxes you pay, the better. The whole idea of the 1031 Exchange is to defer taxes that you owe, not to defer losses that will lower your taxes.
Answer:
Interest rates and bond prices vary inversely
Explanation:
The relationship between interest rate and bond prices can be seen in the bond pricing formula. Given a series of coupon payments (C) paid over the lifetime (ranging from "1" through "i" to "n") of a bond, and given that the bond will repay the principal investment (F) at maturity, the price of the bond is
where "r" is the interest rate.
As seen in the formula, the price of the bond (P) is inversely related to the interest rate (r).
Option A is incorrect because interest rates and bond prices vary indirectly, not directly. Option C is incorrect because interest rates and bond prices are related. Option D is incorrect because vary inversely irrespective of inflation and recession.
Answer:
The correct answer is Cost leadership.
Explanation:
Cost leadership are those strategies with which products similar to those of other companies are offered at a lower cost, that is, a certain company is considered to be the lowest cost producer in its industrial sector in order to achieve a differentiation.
At lower prices than its rivals, the leader's position translates into higher returns, however, standard products should not be sold ignoring the basis of product differentiation itself, since, if the customer does not perceive the product as comparable, The company must set very low prices in relation to the competition to achieve sales.
The sources to obtain this type of advantages are varied and depend on the structure of the industrial sector itself, including economies of scale, the use of proprietary technology, preferential access to the raw material, among others.
The cost leadership strategy aims to make a company the leader, rather than several companies struggling to reach that position, as this implies tough rivalry and competition that can have unfavorable consequences for all.
Answer:
$1,594,000
Explanation:
Calculation to determine what The interest capitalized for 2020 was
2020 interest capitalized= $3,200,000* 12%*11/12 + $13,800,000 * 9%
2020 interest capitalized=$352,000+$1,242,000
2020 interest capitalized=$1,594,000
Therefore The interest capitalized for 2020 was $1,594,000
Answer:
European colonization devastated the lives of Native Americans in the US. Currently about 5 million native Americans live in the US, while the total US population is 329.45 million (roughly 1.5%). The vast majority of Native Americans (78%) currently live in Oklahoma, Arizona, and California. none of these states was a part of the original American colonies so that can give us an idea that the general policy taken by European colonists was to wipe them out.
In the US, Native American societies were not as advanced as those societies in Mexico and Central America (Aztecs and Mayans), or the Incas in South America. At first European colonists didn't confront the Native Americans directly since they actually received a lot of help from them (remember Thanksgiving).
But as American colonies started to grow and develop, Native Americans became a problem because no one likes to be thrown out of their homes, so conflicts started.
Spanish colonists had a religious view on Native Americans and they tried to convert them to Christianity after they took everything that they considered valuable from them. Mexico which is also part of North America, currently has a very large Native American and mestizo population (combined 90%).
On the other hand, British and Dutch colonists took a different approach and once the Native Americans were not useful anymore, they basically killed them all (or the vast majority).
