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olga nikolaevna [1]
3 years ago
15

Leo Gallagher is a traveling comedian, musician, and philosopher. In September of 2019, a truck he had used for several years to

transport watermelons for his business was totally destroyed in a sudden accident. His insurance reimbursed him $6,000 for the truck, which had adjusted basis of $5,000 and FMV of $9,000. In addition, he disposed of the following assets during 2019, and they all were solely used in the trade or business:
Asset

Purchased

Sold

Cost

Accumulated Depreciation

Sale Price

Sledge Hammer

3/10/2016

06/17/2019

$3,000

$1,000

$6,000

Office Furniture

7/18/2015

02/02/2019

$20,000

$12,000

$6,000

Equipment

10/14/2017

10/30/2019

$230,000

$11,800

$250,000

For each asset/transaction, list BOTH the amount(s) and the character(s) of any gain(s) or loss(es)
Business
1 answer:
Leya [2.2K]3 years ago
4 0

Answer:

Hold on, our servers are swamped. Wait for your answer to fully load.

Explanation:

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The president and founder of a high-tech start-up firm contacted the vice president of HR at the company because she wanted to b
PolarNik [594]

Answer: c. Uniform Guidelines on Employee Selection Procedures

Explanation:

The Uniform Guidelines on Employee Selection Procedures is like a one stop for the knowledge the President of the company seeks. Adopted after Congress passed the Civil Rights Act of 1964, it provides assistance to employers, labor organizations, employment agencies, and licensing and certification boards to comply with requirements of Federal law.

They also apply to all selection procedures used to make employment decisions from interviews to evaluation of performance.

It's a very insightful read really.

7 0
3 years ago
Read 2 more answers
The number of new domestic wind turbine generators installed each year in a particular country has been forecast to increase at
kirza4 [7]

Answer:

2030

Explanation:

The computation of the total number of new generators including this year is shown below

Given that

(A) = 100

Common Ratio (r) = 1.15

n = 10

Now

Sum of 10 terms Sn is

= A × (r n - 1) ÷ (r - 1)

= 100 × (1.1510 - 1) ÷ (1.15 - 1)

= 100 × 3.0456 ÷ 0.15

= 2030

We simply applied the above formula so that the total number of new generators could come

5 0
3 years ago
Product focused processes: allow more customization, but are not very efficient. are desirable because resource needs increase s
Vikki [24]

Answer:

The correct answer is letter "C": are processes that are specialized for relatively few products or customer groups.

Explanation:

Product-focused processes are those that follow a market segmentation. Companies decide to what sector of the market they will drive their efforts towards and specializes in the manufacturing of a determined good.

Production tends to involve high volumes and low variety process but provides manufacturers relatively high facility utilization. Examples of product-focused processes are the production of light bulbs or bolts.

4 0
3 years ago
If the world's population increased exponentially from 5.937 billion in 1998 to 6.771 billion in 2008 and continued to increase
Vaselesa [24]

Answer:

The world's population would have been 7.1137 billion in 2012, and this is 0.0437 billion (i.e. 7.1137 - 7.07 = 0.0437) higher compared to the population reference bureau estimate of 7.07 billion in July 2012.

Explanation:

This can be computed using the following exponential formula:

P(t) = P(0)a^t ............................ (1)

Where;

P(t) = World population in year t.

P(0) = World population in year 0 which is 1998 = 5.937 billion

a = base = ?

t = number of years

Substituting the value into equation (1), we have:

P(t) = 5.937 * a^t .......................................... (2)

Since we have 10 years from 1998 to 2008 (i.e. 2008 - 1998 = 10), we have:

P(t) = P(10) = World population in 2008 = 6.771 billion

t = 10

Substituting the value into equation (2) and solve for a, we have:

6.771 = 5.937 * a^10

a^10 = 6.771 / 5.937

a^10 = 1.1405

a = \sqrt[10]{1.405}

a = 1.013

Since we have 14 years from 1998 to 2012 (i.e. 2012 - 1998 = 14), we now have:

P(t) = P(14) = World population in 2012 = ?

P(0) = World population in year 0 which is 1998 = 5.937 billion

a = 1.013 as already calculated above

t = 14

Substituting the value into equation (1), we have:

P(14) = 5.937 * 1.013^14

P(14) = 5.937 * 1.192

P(14) = 7.1137 billion

Therefore, the world's population would have been 7.1137 billion in 2012, and this is 0.0437 billion (i.e. 7.1137 - 7.07 = 0.0437) higher compared to the population reference bureau estimate of 7.07 billion in july 2012.

6 0
4 years ago
Ashley Anderson pays her HOA dues of $660 for the calendar year. She then sells her property and closes on June 15. What is the
Alenkinab [10]

Answer:

The amount of the prepaid portion that is due back to Ashley using the 12 month, 360 day proration is=$362.34

Explanation:

<em>Step 1: Determine HOA per day</em>

Use the expression below to determine HOA per day;

T=H×N

where;

T=total HOA dues per year

H=HOA per day

N=number of days in a year

In our case;

T=$660

H=unknown

N=360 days

Replacing;

660=H×360

360 H=660

H=660/360

H=$1.83 per day

<em>Step 2: Determine amount of HOA that is due back</em>

Using the same expression;

T=H×N

but;

T=unknown

H=$1.83 per day

N=(June, 15 days)+(July, 30)+(Aug, 31)+(Sep. 30)+(Oct 31)+(Nov 30)+(Dec 31)

N=(15+30+31+30+31+30+31)=198 days

Replacing;

T=(1.83×198)=$362.34

The amount of the prepaid portion that is due back to Ashley using the 12 month, 360 day proration is=$362.34

5 0
4 years ago
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