1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
KiRa [710]
3 years ago
13

James would like to create a sole proprietorship operating under the name Super

Business
1 answer:
Sever21 [200]3 years ago
5 0

Answer:

James will need to register the business with his local state as the

name of his business differs from his own.

Explanation:

You might be interested in
Wanting to finalize a sale before year-end, on December 29, WR Outfitters sold to Bob a warehouse and the land for $215,000. The
Rudiy27

Answer:

a. $135,845.77

b. $79,154.23

Explanation:

The computation of the basis is shown below:

a. For Land

= Total value of the property × land appraised value ÷ Total appraisal value

= $215,000 × $158,750 ÷ $251,250

= $135,845.77

b. For warehouse

= Total value of the property × warehouse appraised value ÷ Total appraisal value

= $215,000 × $92,500 ÷ $251,250

= $79,154.23

The total appraisal value is

= $92,500 + $158,750

= $251,250

8 0
3 years ago
Which statements about Section 1231 assets are true? Pick all that apply!!
dem82 [27]

Answer:

The answer is below

Explanation:

Given that Section 1231 assets are a term that is used to describe the real or depreciable trading property acquired for more than a year. For example, landed property, buildings, etc.

Hence, in this case, the correct answer or statement to the question are:

1. If Section 1231 assets are sold and the taxpayer has a realized loss, the loss is a fully deductible ordinary loss

2. If Section 1231 assets held long-term are sold for a realized gain, the taxpayer has a potential long term capital gain that may be taxed at favorable capital gains rates but this result often does not occur

4 0
3 years ago
Campbell Co. has net sales revenue of $1,340,000, cost of goods sold of $760,900, and all other expenses of $299,000. The beginn
Softa [21]

Answer:

3.50

Explanation:

Given the information above, we need to find first the Average fixed assets.

Average fixed assets = Fixed assets beginning balance + Fixed assets ending balance / 2

= ($370,000 + $398,000) / 2

= $384,000

Then , the fixed assets turnover will be calculated as;

Fixed assets turnover = Net revenue / Average net fixed assets

= $1,340,000 / $384,000

= 3.50

Therefore, Campbell Co. Fixed asset turnover ratio would be 3.50

5 0
2 years ago
Which is true about the workplace of Construction workers? It can change. It is never outdoors. It can be in an existing buildin
rosijanka [135]

Answer:

#1, It can change and #3, it can be in an existing building to repair or remodel

Explanation:

Construction is not at a desk.

6 0
3 years ago
Read 2 more answers
Fill in the blanks: The plan you present during the advise phase of your inbound sales strategy closes the gap between _______ a
Hitman42 [59]

The plan you present during the advise phase of your inbound sales strategy closes the gap between where the prospect is now and where they want to be.

Explanation:

Inbound sales is a strategy that gives priority to individual customers ' desires, concerns, priorities and ambitions. Rather, retailers seek to reach customers where they are and direct them through the decision-making process rather than concentrate on closing their transactions as soon as possible.

In that phase you need to paint an image that the current plan of your perspective will not get you where you want to go, and that the plan you are about to present will close the gap between where you want to go and where you are now. In your presentation, what you are doing is to explain how to close this gap.

6 0
3 years ago
Other questions:
  • The income statement of Benning Co. for the month of July shows net income of $1,400 based on Service Revenue $5,500, Wages Expe
    11·1 answer
  • Demetrius just earned a degree in homeland security and emergency management from ashford university and wants to apply for a po
    9·1 answer
  • Eastline Corporation had 13,500 shares of $5 par value common stock outstanding when the board of directors declared a stock div
    15·1 answer
  • Jackson is a 30 percent partner in the JJM Partnership when he sells his entire interest to Rhonda for $112,000 cash. At the tim
    15·1 answer
  • A state police force has set a height requirement of 5 feet 10 inches for all officers. this requirement is irrelevant to job ef
    8·2 answers
  • What is the introduction of management ?​
    7·1 answer
  • How do you get cheap airline tickets?
    5·1 answer
  • In the Restin Company, maintenance costs are a mixed cost. At the low level of activity (80 direct labor hours), maintenance cos
    15·1 answer
  • A(n) ___, the least severe
    13·1 answer
  • Mount Snow Inc. operates a Rocky Mountain ski resort. The company is planning its lift ticket pricing for the coming ski season.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!