Answer:
a. 550,000
Explanation:
The gain on the asset is calculated by the sales proceeds minus the original cost of the asset.
In this question the home' initial cost is $200,000 and it is sold on $750,000. In absence of any unusual or hardship circumstances, the direct gains is $550,000 ( $750,000 - $200,000) as all the closing costs are paid by the buyer, so, Barney ans Betty should include the whole gain of $550,000 in the gross income.
Inventory turnover = Cost of goods sold / Average Inventory
Average Inventory = (Beginning Inventory + Ending Inventory) / 2
= ($20,000 + $40,000) / 2
= $30,000
Inventory turnover = $360,000 / $30,000
= 12 times.
Itulah perbezaan antara tarif dan kuota.
Maaf lah bila tak saya tulis kat sini, sebab tak boleh hantar jawaban.
<em>Semoga </em><em>membantu </em><em>dan </em><em>bermanfaat </em><em>:</em><em>)</em>
None of those presentation methods solve problems
