Answer:
304,000
54,000
175,000
Explanation:
Ted has a realized gain of $304,000 ($368,000 sales price – $22,000 selling expenses –$42,000 basis).
Ted's recognized gain is $54,000 ($304,000 realized gain - $250,000 exclusion).
The basis of the new residence is its cost of $175,000
Answer:
d. special issues or constraints
Explanation:
Based on the information provided within the question it can be said that this information should be included as part of the special issues or constraints section of the system request. These are issues that need to be handled because they are halting the progress of the company. Such is the case in this scenario since financial reporting system must be completed before the next fiscal year or else they have to shut down production.
Answer:
The correct answer is option b.
Explanation:
The elasticity of supply for a good is generally higher in the long run as compared to the short run. This is because a firm is able to expand its production more in the long run.
In the long run, all the factors are variable, so production can be increased to a greater extent. In the short run, a firm can increase only the quantity of labor employed to increase production.
Also, firms cannot enter an industry in the short run but they can in the long run. This implies that the overall production in the industry can be increased more in the long run.
Answer:
1. To reduce the company's tax bill, Jack uses total cost to value inventory instead of using product cost as required by law.
- Competence: accounting records must follows applicable laws, regulations and standards, you must IRA and GAAP rules when preparing financial statements and tax reports.
2. Since Emilie works in the accounting department, she is aware that profits are going to fall short of analysts' projections. She tells her aunt to sell stock in the company before the earnings release date.
- Confidentiality: accounting records must b confidential unless you are authorized to disclose them, and you are not authorized to disclose the information to your aunt.
3. Veronica pays a Mexican official a bribe of $50,000 to allow the company to locate a factory in that jurisdiction so that the company can take advantage of the cheaper labor costs. Without the bribe, the factory cannot be located in that location.
- Integrity: you must abstain from performing illegal activities, and bribery is illegal.
4. There is a failure in the company's backup system after a system crash. Month-end reports will be delayed. Kayla, the manager of the division experiencing the system failure, does not report this upcoming delay to anyone since she does not want to be the bearer of bad news.
- Credibility: you must report all relevant and important information regardless of whether that information will make you bad or not.
Answer:
B. a headline and description text that includes a customer testimonial, and uses the previous visits automated ad extension to let people see when they last visited the client’s website
Explanation:
This is the best because, a testimonial from people who have used the daycare facility encourages others to signup for it for their child(ren).
