Answer:
$5,000 realized, but not recognized loss
Explanation:
Based on the above information given we were told that two years earlier She purchased some shares for the amount of $15,000 in which in order for her to offset few of her gains she sells those 100 shares of Bear Corporation for the amount of $10,000 making her to REALIZED the amount of $5,000 ($15,000-$10,000) reason been that a loss will be realized instantly in a situation were an assets is sold out for a loss.
Therefore the tax consequences to Andrea this year will be the amount of $5,000 Realized, but not recognized loss.
Answer:
The best use is the duplex
Explanation:
The first possible use value, as a single home, is already given in the question: $155.000.
For the retail site, we have $60,000 per acre and 2.4 acres:
$60,000 x 2 + $60,000 x 0.4
=$144,000
A duplex has two units, and the value is $85,000 per unit:
$85,000 x 2 = $170,000
Therefore, the duplex gives the highest possible value of use to the 2.4 acres.
Answer:
The Net cash is 436.000
Explanation:
To get net cash flow using the indirect method we must make adjustments to the net income.
It depends on the account if it is added or subtracted to net income
In this case,
Net income 400.000
Adjustment to reconcile the net income to cash
- Accounts receivable increase (40.000)
+ Depreciation expense 80.000
+ Prepaid expenses decrease 12.000
- Gain on sale of machinery (20.000)
+ Accounts payable increase 6.000
- Wages payable decrease (2.000)
Net cash 436.000
The United states has the massive spending when it comes to the money they have spent buying the things that they would need if they are going to engage on a fight or worse, on a war. This spending is concentrate in North America and of course the Europe. That was when a major feel down struck them.
