What is amount of gain or loss on disposal of fixed assets
A fixed asset with a cost of $30,000 and accumulated depreciation of $25,000 is sold for $3,500. What is the amount of gain or loss on disposal of the fixed asset?
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What are the implications of the raising minimum wage for minimum wage hourly workers? How does it impact your other hourly workers? Does it make a difference if it is a percentage increase or a set dollar amount? Why?
As a result of the distribution, how much is the amount of dividend income to the shareholder, and what is the shareholder's basis in the distributed property?
They randomly select 250 students who commute and ask them the distance of their commute to campus. From this group a mean of 19.3 miles is computed. Describe/find the parameter.
XYZ Corporation distributed land Jim, its sole shareholder, in a liquidating distribution. At the time of the distribution, the land had a fair market value of $120,000 and XYZ Corporation's adjusted basis in the land was $100,000.
Draw an indifference curve consistent with the facts in d). What do we know about Pip=s marginal rate of time preference at his optimal choice? What do we know about Pip=s marginal rate of time preference at his Polonius point?
What is Fred's basis in his remaining stock after the redemption, and what is his basis in the building distributed to him?
Suppose Honda's TC of producing 4 cars is $225,000 and its total cost of producing 5 cars is $250,000. What is the average total cost of producing 5 cars? What is the marginal cost of the fifth car?
Discuss the major risks that financial institutions face which could lead to major profit and solvency issues? If a bank were to employ a variety of sophisticated tools to eliminate totally the risk in a particular asset, what would be the resultan
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