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joja [24]
3 years ago
6

doug purchased a new factory building on january 15 2001 for 400,000. on march 1 2020 the building was sold. determine the cost

recovery percentage for the year of the sale
Business
1 answer:
vazorg [7]3 years ago
8 0

Answer:

The answer is "2.5640\%"

Explanation:

Cst deduction on recovery for the sales year:

= \$400,000 \times 0.02564 \times \frac{2.5}{12}\  months \\\\  =\$  2,136.67\\

Recovery of Costs Percentage for sales year:

=  2.5640\%

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alisha [4.7K]

Answer:

<u>Corporations </u>  comprise about 20% of all businesses but account for about 81% of u.s. business receipts.

Explanation:

A corporation is kind of a business that is set up by a legal organization headed by a person or several partners together. Examples including Microsoft, Apple Inc. etc

While corporations make up just 20% of registered businesses, they are usually quite larger and have national foot print. They can employ thousands of people, have a number of subsidiary companies and work with hundreds of smaller businesses.

Hence, while they are smaller in number, their impact on the economy is very large.

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3 years ago
Which of the following statements about ticket scalping is correct? Multiple Choice
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Answer:

B. Scalping tends to be prevalent when there is a shortage of tickets.

Explanation:

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It is an illegitimate practice .

Hence , during the shortage of ticket , the process of ticket scalping is increased .

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At a price of $60 per bathing suit, what is the quantity demanded of bathing suits?
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Explanation:

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The quantity demanded is 30 units when the price is 60, we use the reconciliation method on the demand line.

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Which terms is defined as a conflict of interest between the corporate shareholders and the corporate managers?
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Agency problem  is the issue rises when the agents fails to display appropriate interest of principles.This interest conflict usually occurs between the organisation's stakeholder and management.

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