Answer:
F
Explanation:
No because at those formal period email wasn't created the formal mode of business communication was letter through the use of type writters
Answer:
a. Lisa's realized and recognized gain or loss is unknown
b. Alfred's recognized gain of $71,340 if he subsequently sells the property for $261,580
Alfred's recognized loss of $35,670 if he subsequently sells the property for $154,570
Explanation:
a. We do not know the amount Lisa costed to buy this business property, thus can't define her gain or loss.
b. Alfred cost $190,240 to buy this property, the he will gain if sell higher or lost if sell lower.
The gain $71,2340 = selling price $261,580 - cost $190,240
The loss $35,670 = selling price $154,570 - cost $190,240
Answer:
A
Explanation:
Because as per time the value of money the future cash holds are discounted at discount rate yo find the present Worth, thus the higher value of early present cash flows creates higher present value compared to lower value of early cash flows
Answer:
$16,500
Explanation:
The computation of the deferred income tax liability for the year 2021 is shown below:
= Amount not included in tax return × enacted tax rate for 2022 year
= $66,000 × 25%
= $16,500
Simply we multiplied the amount not included with the enacted tax rate for 2022 year so that the correct amount could come
And, we ignored the other information given in the question