The annual earnings of a typical investor are

Sound Audio manufactures and sells audio equipment for automobiles. Engineers notiﬁed management in December2018 of a circuit ﬂa

julsineya [31]

Answer:

Please see attachment .

Explanation:

Please see attachment .

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4 0

2 years ago

Which of the following is not an example of how you can reduce the full

andrezito [222]

To reduce the cost of higher education, what should not be done is to get low grades, because they can sanction you and you will have to repeat some subjects.

<h3>What is higher education?</h3>

Higher education is the education that a person accesses to specialize professionally in an area of knowledge. Higher education is found in universities and there different specialized subjects are taken around a profession.

<h3>What to do to reduce the value of higher education?</h3>

To reduce the value of higher education, some students access scholarships that allow them to reduce these costs. However, scholarships generally require them to have high grades and maintain a high level of academic performance.

Therefore, if we want to reduce these costs we must get high grades and maintain a high average. On the other hand, if our grades are low, we are going to increase costs because we are going to have to pay for additional classes or repeat some of them.

Learn more about higher education in: brainly.com/question/2500637

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7 0

2 years ago

Leon exchanges an office building which he held as investment property for a bowling alley. His office building has a basis of $

exis [7]

Answer:

According to Section 1031 of Internal Revenue Code, an exchange of like-kind property is referred to as like-kind exchange, if the exchange meets the following criteria:

The property should be exchanged only for the 'like-kind' (same class) property.
The 'like-kind' property that is in exchange should be either used in operations of business or held for investment purposes.
The exchange should be done under specific timing restrictions or requirements (for indirect exchanges through third parties).

Explanation:

A) Explanation: Since both the properties in exchange are real properties which are used in business, this is a like-kind exchange

B)

Description Amount ($)

Fair market value of bowling alley 120,000

<u>Add: Mortgage value L is relieved off 40,000</u>

Amount reali7ed 160,000

<u>Less: Adjusted basis (175:000) </u>

<u>Realized loss by L (15,000) </u>

C) Explanation: Since the loss realized is due to exchange, the loss is not recognized.

D) Explanation: Since the loss is not recognized, the character of gain or loss could not be

E) Explanation: The total of realized loss, $15,000 (From Requirement (b)) is deferred.

F) Determine the basis of property acquired in exchange, bowling alley.

Description Amount ($)

Fair market value of bowling alley 120,000

<u>Add: Deferred loss 15,000 </u>

<u>Basis of bowling alley 135,000 </u>

8 0

3 years ago

Derozan Corp. manufactured equipment at a cost of $366,953 and leased it to B Corp. on January 1, 2019 for an eight-year period

Pachacha [2.7K]

Answer: $‭726,957.6‬0

Explanation:

The debit to Lease Receivable is the present value of the payments to be made by B Corp. for the 8 years.

Payments are made twice a year so period is 16 periods.

Rate = 8% /2

= 4%

Present value = Payments * Present value of an annuity due factor, 16 periods, 4%

= 59,980 * 12.12

= $‭726,957.6‬0

7 0

3 years ago

Which of the following approaches would be best for gaining more insight into the problem? a. Call managers at other Kroger stor

IgorC [24]

Answer:

(c) Interview customers to get their opinion about the checkout process

Explanation:

Customers are those who buy goods or receive services from a business owner. Customers may sometimes not be the consumers because the customers may buy from the company and sell to other people to consume. The customers may also be the consumers at times when they consume what they bought. If customers do not buy from the business owners, they won't be consumers, thou consumers are gods in today's market and life wire of any business.Once customers are satisfied with the products and services provided to them by the company, they will continue to patronize the company and never substitute it for another company.Most companies start having problems or loose customers due to nonsatisfaction of goods and services render by the company. Therefore, interviewing the customers to get their opinion about the checkout process is the best approach for gaining more insight into the problem because they are in the best position to state why they are not patronising the company's product again.

3 0

3 years ago