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gtnhenbr [62]
2 years ago
13

Ann Jones uses a dry-cleaning machine in her business, and it was partially destroyed by firE. At the time of the fire, the adju

sted basis was $20,000 and its fair market value was $18,000. The adjusted basis after the fire is $10,000 and the fair market value after the casualty is $10,000. How much is the casualty loss
Business
1 answer:
VikaD [51]2 years ago
4 0

Answer:

the casualty loss is $8,000

Explanation:

The computation of the casualty loss is given below:

Lower of

= Adjusted basis or decline in FMV

= $10,000 or ($18,000 - $10,000)

= $10,000 or $8,000

= $8,000

hence, the casualty loss is $8,000

The same would be considered and relevant

The other values would be ignored

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The college student loan burden is second only to mortgages in consumer debt in the United States. The government estimates that
Reika [66]

Answer:

Explanation:

The college student loan burden is second only to mortgages in consumer debt In the United States. The government estimates that some 41 million students together owe more than $1.2 trillion. In North Carolina, what is the relationship between student loan debt and the tuition/fees that the students pay? After obtaining data for 14 four-year universities in the State University System of North Carolina (data for Elizabeth City State University and Winston Salem State University were not available), suppose we assume a simple linear modelyi= β0+ β1xi+ εito describe this relationship, where xi is the academic year tuition/fees at school In i

and yi is the average student loan debt of graduates of school i, i = 1, ..., 14. Shown below are summary statistics for the 14 schools.

NB: please check the attached document for complete work.

4 0
3 years ago
Arturo is a pipeline welder at the midamerican energy company. recently, he had to make a decision about which torch to order fo
mylen [45]

Answer:

they are dependent on situational probabilities

Explanation:

Arturo's decision about which torch to purchase is being made under conditions of ambiguity , because: they are dependent on other factors.

The decision making is not certainty because his decision on which torch to buy is dependent on probabilities neither is it uncertain because we have information on probabilities of what the outcome might be.

Hence the decision making is ambiguous because it is between certain and uncertain and its outcome is dependent on the probabilities of having a discount or not.

5 0
3 years ago
Read 2 more answers
Pes
lakkis [162]

Answer:

ushsj

Explanation:

bshshshhdshshshhshdbshjdjdkdjddjjdndndndnfnfkdk

8 0
3 years ago
Thermopolis, Inc. reported retained earnings of $490,953 on December 31, 2017. During the year, Thermopolis recorded net income
Rzqust [24]

Answer:

the Opening retained earning balance is $413,640

Explanation:

The computation of the retained earnings have been on December 31, 2016 is shown below:

As we know that

Ending retained earning balance = Opening retained earning balance + net income - dividend paid

$490,953 = Opening retained earning balance + $135,075 - $57,762

$490,953 = Opening retained earning balance + $77,313

So, the Opening retained earning balance is $413,640

4 0
3 years ago
The way Professor Quinn chose to handle this situation illustrates the difficulty of dealing with ethics violations. Listed as f
VashaNatasha [74]

Answer:

Option A. Establishing a code of ethics

Option B. Providing support for whistleblowers

Option D. Referring ethical dilemmas to an ethics committee

Explanation:

Professor Quinn had chosen all of the options except providing ethics tainings for the employees because every employee have minimum ethics knowledge.

Having code of ethics builds a sense of better dealings in a work environment. It also triggers a sense of ethical values that an oganization wants to promote among its employees.

Providing support for whistleblowers help in identifying potential threats and risks associated with human resource and company assets. It also help in enfocing ethical values which can't be compromised.

Referring ethical dilemmas to the Ethics Committee will enable resolving of conflicts within an organization on a timely basis.

4 0
3 years ago
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