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mylen [45]
3 years ago
12

Like-kind property is real property held for investment or use in a trade or business exchanged for real property held for inves

tment or use in a trade or business. Taxpayers must defer gain or loss realized on the exchange of like-kind property.True / False.
Business
1 answer:
lubasha [3.4K]3 years ago
6 0

Answer:

True

Explanation:

Like-kind property is real property held for investment or use in a trade or business exchanged for real property held for investment or use in a trade or business.

However, Taxpayers must defer gain or loss realized on the exchange of like-kind property.

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Youngstown Construction plans to discontinue its roofing segment. Last year, this segment generated a contribution margin of $65
ipn [44]

Answer:

B. a decrease of $30,000

Explanation:

The computation of company’s overall profit is shown below:-

To continue = Contribution margin - Fixed cost

= $65,000 - $70,000

Loss = $5,000

To Discontinue =  Unavoidable fixed cost ÷ 2

= $70,000 ÷ 2

= $35,000

So, Net Loss = To continue (Loss) - To Discontinue

= $5,000 - $35,000

= $30,000

Therefore there is a decrease of $30,000

7 0
3 years ago
Real estate is a great way to investment for everyone, particularly since the money is more liquid than common stocks , true or
Anni [7]
It is false that real estate is a great way to investment for everyone, particularly since the money is more liquid than common stocks. 
7 0
4 years ago
Suppose the daily market demand for meat in a small town is given by
Montano1993 [528]

Answer:

$0.50

Explanation:

A profit-maximizing monopolist maximizes profit at the point where its marginal revenue (MR) is equal to its marginal cost (MC) (i.e. where MR = MC).

In economics, MR is equivalent to price per unit (P).

Since the profit-maximizing monopolist charged $0.50 per pound of meat, that means P = $0.50.

Since MR = P, it implies that MR = P = $0.50.

Also, since a profit-maximizing monopolist maximizes profit at MR = MC, it implies that MR = P = MC = $0.50.

Therefore, the monopolist's marginal cost must be $0.50.

7 0
3 years ago
Writing an outline helps to do all of the following except ___________. a. organize your thoughts b. choose your purpose c. focu
larisa [96]

option a is correct because Outlining will help construct and organize ideas in a sequential manner and thoughtful flow. Doing so allows you to pick relevant information or quotes from sources early on, giving writers steady foundation and groundwork when beginning the writing process.

5 0
2 years ago
Explain why non-governmental organizations (NGOs) like the cooperatives described in the Fair Trade material play an important r
liubo4ka [24]

Answer:

Non-Governmental Organizations or NGOs have become an extensively discussed theme in the third world countries as well vastly in social business world. The NGOs have appeared as the savior of countless number of people without food, cloth, education and basic health facilities. NGOs can continue playing the role of catalyst in the attainment of sustainable economic growth and development provided, an endurable, warm and dependable relationship is there between the government and NGOs where both are working for the benefit of the people with numerable activities. Their main tasks are to organize these people, create awareness in them and make them development oriented. These organizations are working based on the assessed need and demand of the grass root level farmers and women. By involving the beneficiaries of overall national planning for development.

Non-governmental Organizations (NGOs) play an important role in the economic development of developing countries. They provide services to society through welfare works for community development, assistance in national disasters, sustainable system development, and popular movements. They take numerable for actions developing our society. Although agriculture sector is the main source of income for this rural-agro based country, unfortunately this sector has completely failed to create rewarding employment opportunity for the landless. Considering these overall situations, the NGOs are working on poverty eradication by directly involving the poverty stricken population. Their main tasks are to organize these people, create awareness in them and make them development oriented. These organizations are working based on the assessed need and demand of the grass root level farmers and women. By involving the beneficiaries directly, they are working within the context of overall national planning for development.

Explanation:

4 0
4 years ago
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