Answer:
b.$20,000 ordinary income and $4,000 net long-term capital gain
.
Explanation:
For 2018, each shareholder should report:
180,000/9 = 20,000
36,000/9 = 4,000
b.$20,000 ordinary income and $4,000 net long-term capital gain
Answer:
The correct answer is letter "D": yields usable predictions and implications for the real world.
Explanation:
Economic models are representations of real-world complex economic phenomena. Based on certain facts, economists take those premises to establish a theory aiming to explain why those series of events happen, when they happen, and what is likely possible to be done in front of them.
Answer:
B. $624,000
Explanation:
Calculation to determine The total amount of the current liability (including interest payable) for this loan that appears in Select Company's balance sheet at December 31, 2015
Current liability=$600,000 + ($600,000 *12% *4/12)
Current liability=$600,000 + $24,000
Current liability = $624,000
(September 1 2015 to December 31 2015=4 months)
Therefore The total amount of the current liability (including interest payable) for this loan that appears in Select Company's balance sheet at December 31, 2015 is $624,000
The change in the market value of an asset over some time period is called the capital gain.
A capital gain is any profit you making off of an asset due to the market value increasing. This is common when you purchase a home, you want to make sure (if you can) that you sell when the market value is higher than the price you paid initially. It's common to invest in something in hopes to achieve a capital gain from that investment.
Answer:
Yes
Explanation:
because it's job is day and night and also to calculate and solving problems in bank