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JulijaS [17]
3 years ago
5

Anya owns land with an adjusted basis of $305,000, subject to a mortgage of $175,000. Anya sells her land subject to the mortgag

e for $325,000 in cash, and a note for $300,000. What is Anya's amount realized on this sale
Business
1 answer:
Readme [11.4K]3 years ago
8 0

Answer: $800,000

Explanation:

Alice's realized amount from the sale is a sum of all the amounts that the seller gets it for as well as any mortgages assumed.

Alice therefore realized:

= Mortgage assumed by seller + Cash + Note

= 175,000 + 325,000 + 300,000

= $800,000

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Santorino Company produces two models of a component, Model K-3 and Model P-4. The unit contribution margin for Model K-3 is $6;
Lynna [10]

Answer:

a. 50%

Explanation:

Model P-4 requires 30 minutes of machine time.

A machine hour consists of 60 minutes

Calculating the machine time of Model P-4 in terms of percent of machine hour:

= (Model P-4 Machine time/Machine Hour)*100

= (30/60)*100

= 0.5 * 100

=50%

So, the percent of Model P-4 machine time in terms of a machine hour is 50%.

6 0
3 years ago
the sale or maturity of investments in securities is a cash ____ activities section of the statement of cash flows
zvonat [6]

Answer:

Cash Inflow from Investing Activities

Explanation:

The Cash Flow from Investing Activities shows the cash flow resulting from acquisition and sale of Assets held by the Company. The sales of  investments in securities imply the sale of an asset, hence it is a Cash Inflow from Investing Activities.

6 0
3 years ago
Create a development plan for a business management student​
soldier1979 [14.2K]

What is a Professional Development Plan?

A Professional Development Plan (PDP), also known as an Employee Development Plan or an Individual Development Plan, is used to document career goals and set out a strategy on how to meet them.

Creating a PDP takes time and planning. But, writing and implementing a PDP can help you to identify and develop the professional skills needed to reach your goals, and can keep you on the track to success. It’s an important process that helps you achieve your potential, reach your goals and take charge of your professional development.

Now is the time to start thinking about where you want your future to take you.

How to Write a Professional Development Plan

There are 9 steps to completing a PDP:

Assess where you are now.

Identify your specific career goals.

Gather information.

Identify what professional skills you already have and which you need to work on.

Choose how you will accomplish your goals.

Develop a timeline for accomplishing your specific targets and goals.

Write it all down.

Evaluate your plan.

Measure your progress.

8 0
3 years ago
Read 2 more answers
A machine tool company that estimates the market potential for its wood lathe by identifying all potential buyers of wood lathes
Feliz [49]
The fact that the machine building company identifies all potential buyers of wood lathes in the area and estimates the number of lathes each one might​ buy means that the company is using the​ market-build up  to estimate market potential. This market-build up  method produces accurate results if <span>the company has a list of all potential buyers and a good estimate of what each will buy.</span>
7 0
3 years ago
Tim earns income of $60,000 per year and pays $21,000 per year in taxes. Tim paid 20 percent in taxes on the first $30,000 he ea
svetoff [14.1K]

Answer:

c. 50 percent

Explanation:

The amount of tax to paid by Tim on the second income he earned during the year shall be calculated as follow:

Amount of tax on 2nd income=21,000-(20%*30,000)

                                                  =21,000- 6,000

                                                  =$15,000

Marginal tax rate on 2nd income=Amount of tax on 2nd income/2nd income earned during year

Marginal tax rate=15,000/30,000=50%

So the answer is c. 50 percent

                                 

7 0
3 years ago
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