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Alex17521 [72]
3 years ago
5

Trail Corporation has gross profits on sales of $140,000 and deductible expenses of $180,000. In addition, Trail has a net capit

al gain of $60,000. Trail's taxable income is____________.
a. $20,000.
b. a $40,000 loss.
c. a $20,000 loss.
d. $60,000.
Business
1 answer:
creativ13 [48]3 years ago
4 0

Answer:

a. $20,000.

Explanation:Gross profit is a term used in the business Organisations to describe the total amount earned from the business activities of an organisation after deducting the total cost incurred which includes the total fixed cost and the total variable cost.

Deductible expenses is the total amount of cost that can be deducted from the business activities of an organisation over a given period of time.

FOR TRAIL CORPORATION ITS TAXABLE INCOME IS $20,000 DERIVED FROM DEDUCTING $180,000 FROM THE SUM OF $140,000 AND $60,000.

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Answer:

Explanation:

Adjusted Basis

Adjusted basis is balanced estimation of the first premise of a property, balanced for any capital increments or capital recuperation's.

Capital options can be in type of any expense acquired on capital upgrades or any improvement added to the property by citizen. Capital recuperation's have conspicuous sorts like deterioration and cost recuperation's and furthermore any losses and burglaries.

Ms R. acquired 1,000 loads of organization W from her auntie at a balanced premise of $55,000. Then again Mr. A life partner of Ms. R got an endowment of 1,000 supplies of organization W from his uncle having balanced premise of $7,000.

Inheritance Basis

At whatever point an individual being a citizen acquire any property, the premise of valuation of the property is honest assessment on the demise's passing. On the other hand, if the agent or manager of the bequest chooses balanced premise can be the honest assessment a half year after the date of death.

On account of Ms. R her auntie's agent accommodates a balanced premise of $55,000 which will be the honest evaluation of stocks and the equivalent will be the balanced reason for Ms. R

Gift Basis

In the event that an individual gets a blessing being property, the citizen will have a cost premise of zero which will blow up the increases when the property is sold by him. To abstain from clashing statutory standard that blessings are outside the domain of personal assessment, premise is given to beneficiary. This depends on date of blessing, premise of benefactor, blessing charge paid and honest assessment.

Endowments premise is figured in two structures, one if the removal of property brings about increase and other if removal brings about misfortune.

1. Gain: If deal brings about addition at that point balanced reason for donee will be lower of the balanced premise of the giver.

2. Loss: in the event that deal brings about misfortune, at that point balanced reason for donee will be lower of the balanced premise of the benefactor or honest evaluation on date of blessing

On account of Mr. A his uncle has a balanced premise of $7,000 which thusly will be the balanced reason for Mr. A too

Therefore, it very well may be presumed that the significant motivation behind why there is a considerable distinction between balanced premise of Ms. R and Mr. An is that, for Ms. R honest assessment is the balanced premise. Then again for Mr. A balanced premise of his uncle in his own balanced premise.

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3 years ago
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Ne4ueva [31]
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3 years ago
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Answer:

b. They benefit from an expanded opportunity set.

Explanation:

Recently, financial market have become highly integrated, which help investor  to diversify their portfolios internationally.

International portfolio help the investor to focus on foreign market´s securities to invest, it add exposure of portfolio to the growing and developed market. As firm is going global to expand opportunity set, so that it can earn more benefit out of diversified market, similarly, investor are going global by diversifying their investment opportunity.

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After getting her degree in Economics, Jeanine went to work for the Bureau of Labor Statistics. She compiles data on the unemplo
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Answer:

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The U.S. Bureau of Labor Statistics (BLS) is an agency in charge of gathering ad analyzing data regarding the labor market and productivity. In such a way, it provides useful output about unemployment and employment in different sectors of an overall economy. If the economy is underperforming, the unemployment rate will be higher but, it the economy is healthy and prosperous the unemployment rate should be lower than the employment rate.

Therefore, <em>by taking a look at the unemployment rate given by the BLS, Jeanine can have an idea of how well the U.S. economy is performing at a macro level.</em>

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