Answer:
The correct answer is option a.
Explanation:
The supply curve of a firm is closely related to the cost of production of the firm in a competitive market. If the cost of production is lower the firm will be able to supply more. If the cost of production is higher, the firm will supply less.
The cost of production, on the other hand, depends upon the price of inputs used in the process of production.
Consumer preferences and income tax rates affect the demand for goods. The interest rate on government bonds affects its demand.
Answer:
Explanation:
Sale Value 1500000
less:Adjusted basis (1000000-89765) 910235
a)Gain recognized 589765
b) in case of sale of real property,cooperates are subject to section 291 to recapture.According to section 291,cooperates taxpayers to recaptures 20% of the lessor of the gain recognized or accumulated depreciation taken.
The recaptured gain is taxed as ordinary gain.
The remaining gain is taxed as section 1231 gain.
Section 1231 Gain (589765-17953) 571812
Section 1250 recapture due to section 291 (89765×20%) 17953
Answer:
Declaration of independence
Explanation:
I did that test yesterday lol
Is this true or false question? If so, it should be false
Answer:
$120,800
Explanation:
Give that;
Cost of land = $600,000
Associated expenses :
Razing down the shed = $5,000
Income from scrap = $1,000
Total expenses = $4,000
The total cost of the land would be;
Total cost of land = Cost of land + Total expense
= $600,000 + $4,000
= $604,000
Tax allocation: land and building = $500,000
Land allocation will now be
= 100,000/500,000 × $604,000
= 0.2 × $604,000
= $120,800