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Otrada [13]
3 years ago
13

*Marking brainliest for the first right answer*

Business
1 answer:
vichka [17]3 years ago
3 0

Answer:

yaah lower is only the answer

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Read the following actual bill. Sawtooth National Recreation Area and Jerry Peak Wilderness Additions Act Designates specified p
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8 0
3 years ago
On May 1, 2018, Kelalani purchased land for $88,000 for use in her business. She sold it on May 1, 2019, for $82,000. If there a
Evgen [1.6K]

Answer: $6000 short term Capital loss

Explanation:

From the question, we are informed that on May 1, 2018, Kelalani purchased land for $88,000 for use in her business and that she sold it on May 1, 2019, for $82,000.

We are further told that there are no other sales of business or trade property. Based on this scenario, the loss treated for tax purposes on Kelalani's return will be a short term capital loss of $6000($88,000 - $82,000). It is a short term capital loss because the loss is for a period of a year or less.

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4 years ago
Fun Foods fraudulently induces Holly to buy a household products franchise by grossly misstating the average revenues of its fra
astra-53 [7]

Answer:

<em>Quasi Contract</em>

Explanation:

A quasi contract <em>is a two-party retroactive agreement that has no prior commitments to each other.</em> A judge creates it to correct a situation where one party at the expense of the other obtains something.

The agreement is intended to prevent one party from taking undue advantage of the situation at the expense of the other party.

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3 years ago
When the demand for smartphones increased in Preteresia, a country in Eastern Europe, the smartphone manufacturers started impor
Elan Coil [88]

Based on the actions of Preteresia , we can infer that this scenario best describes <u>Global Convergence</u>.

<h3>What is Global Convergence?</h3>
  • It refers to the current trend of various dimensions of the human life being integrated across nations.
  • Describes the integration of dimensions such as business, culture, the economy, and political policy across nations.

Preteresia in helping Abresia build those facilities, is engaging in global convergence because the industries in both countries are being integrated to allow for more efficient smartphone manufacturing.

In conclusion, this is global convergence.

Find out more on the effects of global convergence at brainly.com/question/18077255.

7 0
2 years ago
The following information is from the 2017 records of Armand Music​ Shop: Accounts​ receivable, December​ 31, 2017 ​$43,000 (deb
Llana [10]

Answer:

The bad debt expense amounts to $ 10,680

Explanation:

The bad debt expenses for the year 2017 is computed as:

As the percent of sakes method is used for estimating the bad debt expense. Therefore, it is computed as:

Bad debt expense = Net Credit Sales × Estimate Percent

where

Net credit sales amounts to $178,000

Estimate percent is 6%

So, putting the values above:

Bad debt expense = $178,000 × 6%

Bad debt expense = $10,680

Therefore, the bad debt expense amounts to $10,680

7 0
3 years ago
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