Answer:
a.$0
Explanation:
Adjusted basis is the cost of a property and other related costs incurred in acquiring, maintaining, or upgrading the property.
Fair value represent the worth of a property. It is the amount that one should expect to fetch from the market if they were to sell the property.
The fair value or the worth for Mateo's rental house is $200,000. He obtains another rental house with a fair value of $180,000 and cash $20,000.
He exchanged property worth $200,000 for $200,000
Explanation:
Tacoma charge will change the use of plastic bags because Customers will no longer be able to have curbside pickup for plastic bags. While the deadweight loss created by plastic bag will change because
plastic bags are overconsumed and they are underpriced and the marginal cost curve of production will be very flat due to the low cost of production of plastic bags.
Answer: The answer is provided below
Explanation:
Gross rental income = 4,000
Less: mortgage interest = (3500)
Less: Allocated Expense = (2000)
= 4000 - 5500
Net loss = (1500)
Since the house has been used for more than 10 days by April and Bob, the rental expense will be limited to the gross rental income that are in excess of deductions for the interest and taxes that are allocated to the rental use.
Therefore, option C is correct
2. Amount of only 10000 should be included in gross total income as the punitive damage recived.
Therefore, option B is correct.
Answer:
It need to sale 1,000 additional sandwiches to break-even
Explanation:
The contribution margin per sandwich is $5 (10 sale price - 5 variable)
the radio spot will be considered a fixed cost thus, to break even we divide it by the contribution:
$5,000 / $5 per sandwich = 1,000 sandwiches