Answer:
Sissie must report both operations separately, even though the gain in one of them does offset the loss on the other:
- selling of equipment A: reported gain (increased ordinary income) of $22,510 ($60,000 - $37,490)
- selling of equipment B: reported ordinary loss of $14,490 ($23,000 - $37,490)
The effect of both transactions is a net gain of $8,020 that will increase Sissie's ordinary income.
Explanation:
Both assets are § 1231 assets, and § 1245 allows deprecation recapture on the sale of equipment A, so the gain must be considered ordinary income. The loss on the sale of equipment B is a § 1231 loss which must be treated as an ordinary loss.
A common market, also known as a trade bloc, refers to a group of countries that have a common external tariff, to favor both in different areas, such as social and economic.
<h3 /><h3>Common market definition</h3>
It is necessary that some requirements are satisfied so that there is a common market between countries, which are, the elimination of tariffs on the import and export of goods and services.
There is also the free movement of goods, capital, services and labor between member countries, as well as the common adoption of trade restrictions to countries outside the group. An example of a common market is the European Union.
Therefore, the common market or trading bloc corresponds to a formal agreement between countries generating greater efficiency, economies of scale, increased innovation and the capacity for economic growth.
The correct answer is:
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Answer:
i a depreciation of its currency;
Explanation:
A flexible exchange rate is when exchange rate is determined by the forces of demand and supply.
an expansionary monetary policy is a policy where the monetary authorities increase the money supply in the economy.
If exchange rate is flexible and an expansionary monetary policy is carried out, the supply of money would exceed its demand. as a result, the value of money would fall. this is known as depreciation
Answer:
Diluted earnings per share is $2.87
Explanation:
The extent to which the option would dilute the earnings per share to the extent of the difference between the option of price and the share market price.
The shares that are capable of dilute the earnings can be computed thus:
Market price-option price/market price*outstanding options shares
market price is $36
option price is $30
outstanding options shares is 12,600
($36-$30)/$36*12,600=2,100 shares
Diluted earnings per share=$602,000/(208,000+2100)=$2.87
<u>Ordering your latest credit report</u> is the action that appeared to be the least helpful if you’ve been the victim of identity theft. Therefore, <u>the correct answer is D.
</u>
If anyone has been a victim of identity theft, then it is important for such a person to officially report or contact any of the credit reporting companies to place a fraud alert on their credit report.
<h2>Further Explanation</h2>
Identity theft is when someone intentionally steals your information and uses such information without taking your permission. In the US, identity theft has become a booming business for fraudsters
In the US, 15.4 million Americans were a victim of theft, also identity theft tops complain of the consumer to the Federal trade commission. Regardless of how careful you seem to be, you can still fall victim to identity theft.
If you are a victim of identity theft, there are things you do immediately.
Some of the steps you can take to prevent an identity thief to further commit fraud with your details include
- Report any issues concerning identity theft to the federal trade commission (FTC)
- Ensure you clean up your entire account
- Immediately contact the credit Report Company and officially place a fraud alert
- In case of Tax-related identity theft, report to the IRS
- Place a block on your credit report
- Contact the company or the backs where the fraud occurred.
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KEYWORDS:
- victim
- identity theft
- irs
- fraud
- companies
- account
