Determining Depreciation Recapture.
Sale Value = $99,000
Less: Adjusted basis(book value) = ($75,000)
Depreciation recapture = $24,000
So Depreciation recapture = $24,000
The marginal tax rate is the amount of additional tax paid for each additional dollar earned in income. The average tax rate is the total tax paid divided by total income. A marginal tax rate of 10% means that 10 cents from the next dollar you earn will be tax deductible.
In taxation, a tax rate is a rate at which a company or individual is taxed. There are several ways to express tax rates, including statutory, average, marginal, and effective. These tax rates can also be presented using different definitions (inclusive and exclusive) that apply to the tax base.
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Answer: Option (A)
Explanation:
Plywood is referred to as an element that is produced from several thin layers of the wood coatings which are tightly bonded together. It is mostly describd as an engineered ply i.e. wood derived from group of the manufactured boards that tends to mostly encompasses of the M.D. i.e. the medium-density fibreboard and also the particle board.
The answer is: "<span>test marketing" .
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An ad in a professional journal targeted to an audience of dentists asked dentists to recommend Crest toothpaste to their patients. It offered toothpaste samples that dentists could buy at cost to give to their patients to encourage patients to take better care of their teeth. The manufacturer of Crest toothpaste was using push strategy.
<h3>What is meant by push strategy?</h3>
A Push Marketing Strategy also called push promotional strategy, where businesses attempt to take their products to the customers. In a Push marketing strategy, the goal is to use various marketing techniques or channels to 'Push' their products in order to be seen by the consumers starting at the point of purchase.
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Answer:
$215,000
Explanation:
Goodwill is the excess of purchase consideration over the net asset of a company. It is an intangible asset
Good will = Purchase consideration - net asset
Net assets is the difference between the company's assets and its liabilities.
Net asset = $135,000 + $275,000 + $500,000 - $655,000
= $255,000
Goodwill = $470,000 - $255,000
= $215,000
Goodwill for this transaction is $215,000.