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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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_____ allows industries, organizations, and companies to approach business decisions from different perspectives. Arbitration Er
RoseWind [281]

Answer:

Workforce diversity

Explanation:

Workforce diversity refers to similarities and differences between employers and employees in terms of their race, religion, gender, perspectives and opinions.

Diversity is important for every industry, organization, and company since people have different perspective and views, they approach business problems differently, leading to different solutions. Diversity leads to increase profits, creativity, wide range of skills e.t.c.

4 0
3 years ago
What are four important factors to remember before making a career decision?
olya-2409 [2.1K]

Answer:

To make a career decision you need to focus on four really important things.

1. You should know what interests you and what do you want to keep on pursuing in the future.

2. Evaluate your skills that are you even capable of doing that work that interests you or are you suitable for some other work.

3. Work attitudes, meaning that do you really have the attitude for the work?

4. Training and Education, this means that are you qualified enough for that specific work.

Explanation:hope it helps

7 0
4 years ago
When the price of a bond is above the equilibrium price, there is excess ___ in the bond market and the price will ___.
Setler [38]
C. When price is too high, people are less willing to purchase the good, so demand is lower when price is higher. (Demand curve is always slopping downwards as a result). As the price is high, producers are more willing to sell their goods (I.e. bonds) which will give them more money per unit good being sold. This will result in Quantity Supplied (Qs) being greater than Quantity Demanded (Qd), and so, there is a surplus of bonds in the market. This will cause a downward pressure to apply on price, so that Qd = Qs eventually.

Hope this helps!
8 0
4 years ago
he following information relates to a company’s aggregate production planning activities: Quarter Demand Forecast 1 37,500 2 45,
Evgen [1.6K]

Answer:

20,000 units

Explanation:

Number of units in inventory at the end of quarter 3

= 3(42,500)

=127,500

Hence:

127,500- 37,500-45,000-25,000

= 20,000 units

Therefore if production strategy is used the number of units in inventory at the end of quarter 3 is 20,000 units

5 0
3 years ago
Andrew has decided to open an online store that sells home and garden products. After searching around, he chooses the software
tino4ka555 [31]

Answer:$4650

Explanation:

The cost that is recoverable is $30 per hour that was agreed as the hour to be spent in learning the soft ware. The sunk cost it's an irrecoverable cost that does influence decision making. When the agreed leaning cost of $30 per hr for 45hr of $1350 is deducted from the asking price of $6000 we have the $4650

6 0
3 years ago
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