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Margaret [11]
2 years ago
6

Teachers at the kindergarten through high school level may deduct up to $225 of education supplies and materials cost each year

($400 married filing jointly).
a. True
b. False
Business
1 answer:
ikadub [295]2 years ago
4 0

The correct answer is False


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Koch traded Machine 1 for Machine 2 when the fair market value of both machines was $50,000. Koch originally purchased Machine 1
nexus9112 [7]

Answer:

The right answer is $50,000

Explanation:

Simply put, adjusted basis is the cost of an object after factors that affects the cost has being considered. These factors usually include taxes, depreciation value and any other cost incurred in getting and retaining the said object. Adjusted basis is important so as to know the right amount to sell.

Adjusted basis increases when an individual factors the cost incurred from taxes and maintenance ad it reduces when he/she factors in depreciation.

In the case of Koch, he already exchanged his machine for another at $50,000, as far as he is concerned at that moment, the adjusted basis is $50,000 because it was exchanged in a fair market.  

8 0
3 years ago
Im a hot girl what is the best code if you want it starts with a P
stepan [7]

Answer:

porsche

Explanation:

i don't know that was the first thing that came to my head when I thought of p

5 0
1 year ago
Imagine that you own a property that is exactly 2.2 acres large. You want to sell your property, but your realtor tells you that
BlackZzzverrR [31]

Answer:

8,000 m²

Explanation:

you must first change the size of your lot from acres to square miles = 2.2 acres / 640 acres per square miles = 0.0034375 square miles

now we can convert to square kilometers = 0.0034375 miles x 2.56 square kilometers per square miles 0.0055 square kilometers

there are 1,000,000 m²´per km², so you have 0.0088 km² x 1,000,000 = 8,800 m²

7 0
2 years ago
What is likely to happen if a borrower is late on a payment for a credit card account?
liraira [26]
I would say that the last answer is the most likely to occur
6 0
3 years ago
Read 2 more answers
How could government – sponsored grants for the private development of new technologies result in a lower national debt?
Svet_ta [14]

Answer: Making initial development private saves the government from funding all of the research.

Explanation:

A grant refers to an amount of money that is financial assistance thats given by the government or an organization to an individual or firm for a specific purpose. A grant is different from a loan as it isn't meant to be paid back.

Government award grants for the development of technologies, community projects, home insulation etc.

With regards to the question, a government – sponsored grants for the private development of new technologies may result in a lower national debt when the government makes the initial development private thereby saving the government from funding all of the research.

6 0
2 years ago
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