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tangare [24]
3 years ago
9

Paul is exchanging a building with a market value of $600,000.00 and an adjusted basis of $450,000. He is exchanging it for an a

partment building owned by Carpenter which has a market value of $800,000 and an adjusted basis of $375,000. For Carpenter's building, investor Paul exchanges his building plus a cash boot of $75,000. Will there be any tax paid on this transaction?
Business
1 answer:
alukav5142 [94]3 years ago
7 0

Answer:

Carpenter will have to pay taxes for a recognized gain of $150,000

Explanation:

When you are calculating taxes, you must use the adjusted a¿basis of the buildings.

Paul is exchanging a $450,000 building + $75,000 in cash for a $375,000 office building.

Paul's realized loss = $525,000 - $375,000 = $150,000

therefore Carpenter's recognized gain = $150,000

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The types of KPIs that can be measured besides company-level, campaign-level, department-level, and team-level KPIs is the marketing tactic-level KPIs.

<h3>What is key performance indicator?</h3>

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In this case, KPIs provide targets for teams to shoot for, milestones to gauge progress, as well as insights that help people across the organization make better decisions.

A key performance indicator is a type of performance measurement. It should be noted that KPIs evaluate the success of an organization or of a particular activity in which it engages.

The Key Performance Indicators include:

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3 0
2 years ago
The price of greatness is responsibility meaning
GarryVolchara [31]

The phrase “the price of greatness is responsibility” means that, if you are given or rewarded with great or high powers, you must be a responsible person in using that certain power. You are given the responsibility to use it for the well-being of yourself and for the others as well.

8 0
4 years ago
Which one of the government actions would most enhance efficiency in a free market, according to most economists? regulating pro
aleksklad [387]

Answer: 1. statement d

2. statement d

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.

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3 years ago
Hibshman Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. At the beginnin
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Answer:

Estimated manufacturing overhead rate= $23.973 per machine-hour.

Explanation:

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To calculate the estimated manufacturing overhead rate we need to use the following formula:

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