Answer:
<em>The question option are:</em>
<em>1. For the current quarter what is the economy's income?
</em>
<em>2. For the current quarter, what is the economy's expenditure?
</em>
<em>3. In an economy, how are income and expenditure related?</em>
1. The economy's income for the current year is $450 because there is only one transaction that take place in the year worth of $450
2. The economy's expenditure of the current year is $450 because each transaction has two side. One is the Income, the other is Expenditure. The income is converted to expenditure.
3. In an economy, income and expenditure are related and they are equal. Each transaction has two side. One is the Income, the other is Expenditure. The income is converted to expenditure.
The aspect of a country making some changes to its intellectual property laws and <em>how they are enforced</em> is based on the:
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<u>B. Regulatory practices</u>
According to the given question, we are asked to state the aspect of a country making some changes to its intellectual property laws and <em>how they are enforced,</em>
As a result of this, we can see that regulatory practices are those things which a country or an organisation does so that some aspects of its functioning system is controlled. With this in mind, we can see that adjusting property laws is an example of a regulatory practise.
Therefore, the correct answer is option C
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Answer:
$2,100
Explanation:
Particulars Fair market value Basis Differences
Inventory $60,000 $30,000 $30,000
Account receivables $40,000 $40,000 $0
Equipment $60,000 $80,000 <u> ($20,000)</u>
Taxable gain $10,000
Tax rate <u> 21% </u>
Built in gains tax <u>$2,100 </u>
So therefore, the built-in-gains tax that Clampett (Incorporated) will pay in 2021 is $2,100.
<span>The answer is "</span><span>A) If the licensing statute is primarily a regulatory statute, (designed to protect the publicity), Andrea cannot collect her commission</span><span>."
</span>
Regulatory statutes refers to the licensing statutes sanctioned to ensure general society. unlicensed people can't recuperate installment for giving administrations that an authorized individual is required to give.
Answer:
$170,000.00
Explanation:
The amount of $170,000.00 will still be recorded as the value of the building, before considering accumulated depreciation.
<em>Fair value</em> of $1,000,000.00 or <em>selling price</em> of $900,000.00 does not affect the original value of the building in the company's balance sheet.