Answer:
Taxable gain = $76,000 - $60,000 = $16,000
Explanation:
At the time of receiving the land from the partnership the market value is $60,000 aa gaianst the cost of $40,000. The partners would have valued the land at market value before giving it to Tyler. therefore the cost of land to Tyler will be $60,000 and not $40,000.
Answer:
12.28%
Explanation:
In this question, we use the Rate formula which is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Present value = $1,407
Future value or Face value = $1,000
PMT = $1,000 × 20% = $200
NPER = 9 years
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after solving this, the answer would be 12.28%
Answer:
We can first order the data from smallest value to largest value:
461
549
745
1500
1800
2000
3750
4795
68000
a) The mean is 9289, and the median is 1800
b) The data does have an outlier, which is 68000, because it is more that three standards deviations away from the mean, excluding this value, our new mean is 1950 and our new median is 1650. We can see that the greatest change in value was for the mean.
c) the median is more appropriate because the median is less sensitive to outliers. The mean can be easily swayed by outliers in either way, and this can give an erroneous impression of the data.
Answer:
in case if anything happens
Answer:
$15
Explanation:
Average fixed cost = Total fixed cost / quantity
Total fixed cost = Total cost - Total variable cost
= $150,000 - $75,000 = $75,000
Average fixed cost = $75,000 /5000 = $15
I hope my answer helps you
