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mart [117]
3 years ago
6

Brett owns investment land located in Tucson, AZ. He exchanges it for other investment land. In which of the following locations

may the other investment land be located and enable Brett to qualify for like-kind exchange treatment?
a. Mexico City
b. Mexico Toronto
c. Canada Paris
d. France
e. Only A and B
f. None of the above
Business
1 answer:
andriy [413]3 years ago
4 0

Answer:

F. None of The Above

Explanation:

Real property located in the United States exchanged for foreign real property (and  vice versa) does not qualify as like-kind property.

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The discounted payback period for a project will be _______ the payback period for the project given a positive, non-zero discou
Zepler [3.9K]

Answer: longer than

Explanation:

The discounted payback period simply refers to the number of years that will be required for the cumulative discounted cash inflows to be able to cover a project's initial investment.

It should be noted that the discounted payback period for a project will be longer than the payback period for the project given a positive, non-zero discount rate. This is because the time value of money will be taken into consideration, hence, this will bring about a longer time.

3 0
3 years ago
barber charges $20 per haircut. The total cost for running his home-based business is $4,000 per month, which includes his salar
Lelu [443]

The minimum price that the barber must charge <em>to increase his salary to $4,000</em> for each of the 200 haircuts is <em>A. $25.</em>

Data and Calculations:

Charge per haircut = $20

Total cost per month = $4,000

Monthly salary = $3,000

Other costs per month = $1,000 ($4,000 - $3,000)

Minimum number of haircuts per month = 200

Expected monthly salary per month = $4,000

Total new monthly expenses = $5,000

Minimum price to charge per haircut = $25 ($5,000/200)

Thus, the minimum price that the barber must charge <em>to increase his salary to $4,000</em> without increasing the number of haircuts is $25.

Learn more: brainly.com/question/14872023

6 0
3 years ago
In the current year, Borden Corporation had sales of $2,190,000 and cost of goods sold of $1,295,000. Borden expects returns in
NNADVOKAT [17]

Answer:

The entries are as follows

To record estimated returns on Sales

Debit: Sales Refund Payable Account $131,400

Credit: Accounts Receivables $131,400

To record estimated Cost of Sales returns

Debit: Inventory Returns Estimated Account $77,700

Credit: Inventory on Sales on Returns $77,700

Explanation:

To derive the figure for Sales Refund payable for the year

6% of $2,190,000

= \frac{6}{100} * 2,190,000 = $131,400

To derive the figure for Inventory cost on Sales Refund payable for the year

6% of $1,295,000

= \frac{6}{100} * 1,295,000 = $77,700

3 0
3 years ago
Which of the following is an essential characteristic of enduringly great companies? They undergo continuous change. They are so
Anit [1.1K]

Answer:

The answer is (A) They undergo continuous change.  

Explanation:

To remain competitive in today’s world, a company must be willing to continue changing according to what the market currently needs and will need in the future. When a company remains stagnant, it would be outpaced by its competitors. Most of the household names that we commonly encounter maintains a spirit of continuous improvement – and we can encounter this from the innovative product they choose to make, better customer experience, or improvement in internal business process.  

7 0
3 years ago
Suppose the government passes a law that reduces unemployment benefits in a way that causes unemployed workers to seek out new j
SCORPION-xisa [38]

Answer:

The correct answer is C. If the government passes a law that reduces unemployment benefits in a way that causes unemployed workers to seek out new jobs more quickly. The policy will cause the natural rate of unemployment to fall, which will shift the long-run aggregate supply curve to the right .

Explanation:

Unemployment occurs when there is a greater supply of labor than what is demanded. This means that there are people who seek employment at the regular wage rates, but who are unable to get employment in the open labor market. Unemployment also means that people who actually want to work (and who are unemployed) cannot work with what they are qualified for.

Unemployment is a social problem, and low unemployment and high employment are important in order to develop and maintain a welfare society. For each individual, work is the most important insurance for their own welfare and social inclusion.

If the aforementioned law were approved, and the unemployed began to look for work imminently (even leaving aside some pretensions), many of them would get a job in a shorter time than if this law were not approved, which would decrease the country's unemployment rate.

6 0
3 years ago
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