____ help companies meet the legal requirement that their human resource decisions be job-related.

Sissie owns two items of business equipment. Both were purchased in 2015 for $100,000, both have a 7-year MACRS recovery period,

MariettaO [177]

Answer:

Sissie must report both operations separately, even though the gain in one of them does offset the loss on the other:

selling of equipment A: reported gain (increased ordinary income) of $22,510 ($60,000 - $37,490)
selling of equipment B: reported ordinary loss of $14,490 ($23,000 - $37,490)

The effect of both transactions is a net gain of $8,020 that will increase Sissie's ordinary income.

Explanation:

Both assets are § 1231 assets, and § 1245 allows deprecation recapture on the sale of equipment A, so the gain must be considered ordinary income. The loss on the sale of equipment B is a § 1231 loss which must be treated as an ordinary loss.

8 0

4 years ago

Determining the magnitude of possible losses from a premature death can be complicated. the best method is the

rodikova [14]

<span>Determining the magnitude of possible losses from a premature death can be complicated. The best method is the <u>needs-based approach.</u>
<u />When it comes to this approach, you are appealing to the immediate needs of the people who are left behind when their loved one dies prematurely. You want to help them by providing them with everything they may need in order to deal with their loss.
</span>

4 0

3 years ago

When they produce 20,000 units per month, Sanders Incorporated has variable costs of $392,000 and fixed costs of $242,000. If Sa

Lady_Fox [76]

Answer:

increased in budget = $98000

correct option is A $98000

Explanation:

given data

produce = 20,000 units per month

variable costs = $392,000

fixed costs = $242,000

increases production = 25,000 units

to find out

how much will they have to increase their budget

solution

we get here total cost or present budget that is

total cost = variable cost + fixed cost

total cost = $392000 + $242000

total cost = $634000

and

variable cost per unit will be here

variable cost per unit = $\frac{variable\ costs}{produce}$

variable cost per unit = $\frac{392000}{20000}$

variable cost per unit = 19.6

and

variable cost for increased production = increases production × variable cost per unit

variable cost for increased production = 25000 × 19.6

variable cost for increased production = 490000

and

total cost of increased production = fixed cost + variable cost for increased production

total cost of increased production = $242000 + $490000

total cost of increased production = $732000

and

increased in budget = $732000 - $634000

increased in budget = $98000

correct option is A $98000

6 0

3 years ago

Contribution margin is first used to cover expenses. Once the break-even point has been reached, contribution margin becomes:.

oksano4ka [1.4K]

It should be noted that the contribution margin is first used to cover fixed expenses.

<h3>What is contribution margin?</h3>

The contribution margin simply shows you the aggregate amount of revenue that is available after variable costs to cover fixed expenses.

Contribution margin is first used to cover fixed expenses. Once the break-even point has been reached, the contribution margin becomes profit.

Learn more about contribution margin on:

brainly.com/question/24962994

4 0

2 years ago

Basic characteristic of free market system

Fittoniya [83]

One of the most important things is called a free enterprise economy

7 0

3 years ago