Answer:
$11,666
Explanation:
The computation of the mount of interest should be capitalized to the project on June 30 is shown below:
= $500,000 × 0.05 × 3 months ÷ 12 months + $300,000 × 0.05 × 2 months ÷ 12 months + $700,000 × 0.05 × 1 months ÷ 12 months
= $6,250 + $2,500 + $2,916
= $11,666
The $300,000 is come from
= $800,000 - $500,000
And, the $700,000 is come from
= $1,500,000 -$800,000
= $700,000
According to the months, the number of months are chosen.
Answer:
That is $2,000 loss
Explanation:
After the hurricane Oscar received $140,000 for his loss, the adjusted basis for his property was $130,000 so he had a gain of 140,000- 130,000=$10,000.
According to Sec. 1033(a)(2) since the new property that was built (the replacement) was similar we will recognise the amount received from the insurance company ($140,000) to the extent that it pays for the replacement property.
That is
Gain or loss = amount paid by insurance company- cost of replacement property
Gain or loss= 140,000- 142,000
Gain or loss= -$2,000
That is $2,000 loss
Answer:
no
Explanation:
the airport would be liable because the fire truck blowing a tire and hitting the pole was the direct cause. not the failure of the landing gear
The distribution channel control the flow of products from the manufacturer to a variety of retailers or business customers.
A distribution channel represents a chain of businesses or intermediaries through which the final buyer purchases a good or service.
Distribution channels include wholesalers, retailers, distributors, and the Internet.
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