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Vlad [161]
3 years ago
14

Cost flow is in the order in which costs were incurred when using

Business
1 answer:
ICE Princess25 [194]3 years ago
8 0

Answers : last in, first out

Explanation:

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When band-aid decided to expand into ointments, gauze, tape, and antibiotic treatments, the company engaged in what type of bran
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I would say this brand would be to do with having a line of goods ie for related goods, not just for one item but a number of related items so that their buyers will have much more to choose from and their sales should improve significantly.
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How do countries benefit by being members of economic​ communities? A. The balance of payments become equalized B. Tariffs on im
Alex_Xolod [135]

Answer: Trade policies are coordinated and there are less restrictions on imports and exports.

Explanation:

An economic community is an agreement entered into by countries to enable higher cooperation in areas of politics and economic activities. In an economic community, the charges placed on import and export among member nations is minimal. An example of an economic community is the ECOWAS.

3 0
3 years ago
Lorenzo is the sole proprietor of a trampoline shop. During 2019, the following transactions occurred.Unimproved land adjacent t
miskamm [114]

Explanation:

we have to get The Amount and nature of recognized gain or loss for each transaction:

a.  The condemnation proceeds = $15,000.  allocable basis of acquired land = $40,000."

loss = $40,000 - $15,000

= $25,000

b. sale of truck = $3,500. the adjusted basis = 0

Gain = $3,500 - 0 = $3,500

c.

As rowing machine was sold for 4900 and is fully depreciated, with an adjusted basis of 0

Gain = $4,900 - 0 = $4,900

d. sale of apartment = 300000

adjusted basis = $124,783

when we subtract we get :

The Overall gain would be = $300,000 - $124,783 = $175,217

Unrecaptured Section gain = $150,000 - $124,783 = $25,217

Regular long-term capital gain = Overall gain - Uncaptured section gain

This is:

= $175,217 - $25,217 = $150,000

e. his yatch was stolen, it had cost $25,000. The fair market value = $19,600. he was insured for 50% of the original cost, of which he got $12,500 on December 1."

Then Tax loss = Fair market value - Amount received from insurance

$19600-$12,500 = $7,100

so we have here a tax loss of $7,100 ( before any AGI limitation),

f. he sold a Buick for $9,600.  It was bought for $20,800."

Loss = $20,800 - $9,600 = $11,200

a non-deductible personal loss.

g. after his trampoline machine was stolen. fair market value was 8000, adjusted basis = 6000

Tax Loss = $6,000

lorenzos Adjusted Gross Income for 2019 = $102,000 + $3,500 + $4,900 + $150,000 - $6,000 = $254,400

5 0
3 years ago
By repeating what you think she said in your own words, you're demonstrating effective ___ skills.
yan [13]
You are expressing communication skills
7 0
3 years ago
A company deposits $3500 in a bank at the end of every year for 12 years. The company makes no deposits during the subsequent 8
Firdavs [7]

Answer:

FV= $94,108.42

Explanation:

<u>First, we need to calculate the future value of the 12 annual deposits:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {3,500*[(1.06^12) - 1]} / 0.06

FV= $59,044.79

<u>Now, the future value at the end of the 20 years (8 years more):</u>

FV= PV*(1 + i)^n

FV= 59,044.79*(1.06^8)

FV= $94,108.42

4 0
3 years ago
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