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3 years ago

Determine the adjusted basis of each of the following assets:

Business

1 answer:

Andru [333]3 years ago

8 0

Answer and Explanation:

The computation is shown below:

75% 25% 100%

Particulars Business Use Personal Use Total

Initial Basis $22,500 $7,500 $30,000

Less: Depreciation -$4,209 0 -$4,209

Adjusted Basis $18,291 $7,500 $25,791

Particulars Building Land Land Improvements

Original Cost $250,000 $80,000

Remodeling cost $8,000

Parking lot and sidewalks $12,000

Depreciation -$70,620 -$1,000

Adjusted basis $187,380 $80,000 $110,000

We simply classify the cost to each type of asset which is shown above

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irinina [24]

Answer:

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3 years ago

A measure of the burden of continual deficit financing over time is the ratio of:.

Ksju [112]

Answer:

Explanation:

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1 year ago

If generalization is observed when the independent variable is introduced to the first baseline in the multiple baseline design,

MrRa [10]

The best answer that completes the statement above is this: CHANGING CRITERION DESIGN.
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3 years ago

Which of the following is a false completion of the following: "Congress has the authority to declare war..."

Yakvenalex [24]

Answer: E. and exercise this authority with great frequency

Explanation:

The Congress has the authority to declare war but has not been exercising this authority with great frequency most times they are reluctant to declare war and has only declared eleven wars in the history of America.

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3 years ago

The break-even point is that level of activity where: Multiple Choice a) total revenue equals total cost. b) variable cost equal

shtirl [24]

Answer:

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3 years ago