Answer:
$163,000
Explanation:
New adjusted basis for Carol's property will be
the Beginning basis plus capital gain minus depreciation
=$312,000 + 34,000 - $ 80,000
=$346,000 -$80,000
=$266,000
The net amount realized from the sale is
Selling cost minus closing costs
= $450,000 -$21,000
=$429,000
The capital gain will be the amount received - new adjusted basis
=$429,000 - 266,000
=$163,000
<span>The company, suppliers, distributors, and customers who open double quote partner close double quote with one another to improve the performance of the entire system make up the value delivery network.</span>
Answer:
Explanation:
a
Cash 20811010
Bonds payable 20000000
Premium on Bonds payable 811010
b
Interest expense 818899
Premium on Bonds payable 81101 =811010/5*6/12
Cash 900000 =20000000*9%*6/12
c
The market rate of interest will be lower than the contract rate of interest.
Answer:
Import substitution industrialization (ISI) is a trade and economic policy which advocates replacing foreign imports with domestic production. Domestic consumers benefit from import substitution as they do not have to face strong competition from foreign competitors and can sell their goods at a higher price. So for example manufacturers in USA sell a battery from $10 but consumers from USA have the option to import that battery at $7 from China the US manufacturers wont be able to compete as Chinese companies have lower cost of production therefore they can sell cheaper and in order to protect the local manufacturers the government may use an ISI strategy to help the local manufacturers. On the other hand consumers are harmed from this strategy as they cannot buy the cheaper product because of change in government strategy. So consumers who were buying the battery at $7 not have to buy it at $10.
Explanation:
