Answer:
Under the installment sales method, the total contract price is $85,000
gain on the sale is $58,800 ( 85,000 + 15,000 - 40,000 - 1,200)
and the amount of gain reported in 2018 is $3,459.
Do not do
text, drink, speed
do
watch road, hands on wheel, be safe
Answer:
you may do like it
put your numbers instead of these. :)
Explanation:
Total Stockholders' equity is common stock plus excess of issue price over par plus retained earnings
($900,000 + $375,000 + $50,000 = $1,325,000)
The main thing which superior performance allows a firm to do is:
- reinvest some of its profits in gaining more resources and thus grow.
<h3>What is Business Strategy?</h3>
This refers to the creation and maintenance of competitive advantage of a particular market against other competitors which gives a particular business an edge in the market.
With this n mind, we are told that successful business strategies generate value and then if they are able to leverage on this, then they can reinvest the profits.
Read more about business strategies here:
brainly.com/question/25686320
For this case what you must do is the following operation:
Taxable income = Household income-Personal exemption-Standard deduction.
Substituting the values we have:
Taxable income = ((16) * (2000)) - (4050) - (6350)
Taxable income = 21600 $
Answer:
her taxable income is 21600 $