1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alex17521 [72]
4 years ago
6

Which of the following assets held by a manufacturing business is a §1231 asset?

Business
1 answer:
insens350 [35]4 years ago
6 0

Answer:

A factory building used in the business and held more than one year.

Explanation:

<u>According to Section 1231</u>. property are assets that are used in your trade or business and are held by the Taxpayer for more than one year.

The factory building has serve the purpose of the section. It is used for a trade and has been held by the taxpayer for more than a year, hence, the property can be termed an assets by a manufacturing business

You might be interested in
Define bond economics.​
valentinak56 [21]
In finance, a bond is an instrument of indebtedness of the bond issuer to the holders. The most common types of bonds include municipal bonds and corporate bonds. Bonds can be in mutual funds or can be in private investing where a person would give a loan to a company or the government.
6 0
3 years ago
people keep spending units of a particular resource on a want until their marginal benefit is ____ their marginal cost. A. Decre
weeeeeb [17]
B greater than

this is the answer to ur question
3 0
3 years ago
Read 2 more answers
Many phone fraud scammers are especially cunning because they approach the target to try to sell _____.
MrMuchimi

Answer: A. improved computer security programs

Lots of people lose money due to phone fraud scammers. They try to approach the target to sell improved computer security programs. They do lots of ways to convince you to the point of asking you to give personal information. If you happen to meet one, say no.


7 0
4 years ago
Read 2 more answers
Match the cost variance component to its definition.
vladimir1956 [14]

Answer:

1. C

2. A

3. B

4. D

Explanation:

Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services.

In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.

In Accounting, costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

The various types of cost variance components and their definition includes the following;

1. Actual price: the amount paid to acquire input.

2. Actual quantity: the input used to manufacture the quantity of output.

3. Standard quantity: the expected input for the quantity of output.

4. Standard price: the expected price.

4 0
3 years ago
People earn what by working to produce goods and services
raketka [301]
People eatn money or income
7 0
4 years ago
Read 2 more answers
Other questions:
  • Todd irrevocably transfers property to a trust over which he retains an annuity payment each year equal to 6% of the initial fai
    9·1 answer
  • Last year, which is used as the base year, a firm had cash of $52, accounts receivable of $223, inventory of $509, and net fixed
    10·1 answer
  • A store manager predicts that 80 hats will be sold if each hat costs $15. The manager predicts that 3 less hats will be sold for
    15·1 answer
  • France's thomson electronics combined with china's tcl to form tcl-thomson electronics. thomson owns 33% and tcl owns the remain
    12·1 answer
  • Consider a profit-maximizing firm in a competitive industry. Under which of the following situations would the firm choose to pr
    13·1 answer
  • What is product positioning​
    15·1 answer
  • The nation of Tazia exports agricultural products and in turn imports products that it does not produce such as computers and el
    13·1 answer
  • Smith Office Equipment​ Company's budgeted manufacturing overhead is $ 4 comma 500 comma 000. Overhead is allocated on the basis
    6·1 answer
  • Financial statements are reports on the financial performance of organizations. they provide data on
    15·1 answer
  • re-thinking oil: compensation for non-production in yasuní national park challenging sumak kawsay and degrowth
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!