It should be reported as an ordinary<span> gain</span> because the truck is considered as ordinary <span>asset used in the ordinary course of business. The truck was used as service calls apparently used in the normal operation of the company thus the gain on the sale of this asset should be considered </span>as an<span> ordinary gain.</span>
Answer: The correct answer is "B) Trade can make everyone better off.".
Explanation: <u>The principle that says that Commerce can make everyone better is the one that best describes this scenario.</u>
This happens because each state in question will specialize in what is most efficient. At the same time, the rest of the products in which they are most inefficient in terms of production will be imported.
Answer: Predictive analytics
Explanation:
For the organization to have an estimate close to the exact amount of future purchase, the organization would need to conduct a predictive analytics. In predictive analytics, the past outcomes and present outcomes can be used to predict future outcomes.
Answer:
a. may be carried back 2 years or carried forward up to 20 years.
Explanation:
As a tax relief to a firmn which current year ended in a loss the government allow to deduct this from the future profit up to 20 years or to reduce the tax obligation for the previous two years
This makes the tax system more just as it is not considering only the good years of the organizations. It also has a particular importance in business which the first years are losses (vineyard or walnuts until the wine is done or the trees generate enough production to pay up the cost) as they can later reduce their gain to compensate for the first years.
Answer:
$10,000
Explanation:
The computation of the mode of the group distribution is as follows:
Given that
Tow report annual incomes is $10,000
And, the other three report incomes are $14,000, $15,000 and $31,000
Based on the above information, the mode is $10,000 as the mode is the measure of the central tendency where the value is appear many times or in frequent times
Hence, the $10,000 is the answer
