Answer:
<u>$215,000</u>
<u> $112,500,</u>
<u>gain,</u>
<u>$102,500</u>
Explanation:
Darla's <em>amount realized on the sale</em> is calculated by adding the dollar value of the building and lot received worth $200,000 plus + the cash of $25,000 in the exchange minus - her expenses on the trade which is the sales commissions to the real estate broker of $10,000;
$200,000 + $25,000 - $10,000 = $215,000.
The <em>adjusted basis in the assets sold </em>is (original cost of current location-Depreciation on the facility) $150,000 - $37,500 = $112,500.
Since the <em>amount realized on the sale</em> is greater than the <em>original cost of current location </em>the exchange produced a realized gain.
The realized gain is (Darla's <em>amount realized on the sale) </em>$215,000 - $112,500 (<em>adjusted basis in the assets sold)</em> = $102,500
We are given with the data: A = <span>$6,951.20 per semi-annum that is $13902.4 per annum, i equal to 1.75% compounded semi-annually, and asked for P or the present worth to maintain the withdrawal for 15 years.
the formula to be used is attached in the file (third one). substitute the i = 0.0175, n = 30, A = </span>$13902.4 and get P.
Answer:
Labour productivity at an anniversary celebration = 43.75
Labour productivity at a wedding reception = 115
Labour productivity is higher at the wedding reception.
Explanation:
Labour productivity is the ratio of output to labour
Labour productivity at an anniversary celebration = 350 / 8 = 43.75
Labour productivity at a wedding reception = 230 / 2 = 115
Labour productivity is higher at the wedding reception. Less labour produces more more meals.
This can be explained by the law of diminishing marginal returns
the law of diminishing returns states that as more units of a variable input is added to a fixed income of production, output might increase at a point but after some time total output would increase at a decreasing rate and marginal product would be decreasing.
Answer:
$83.4
Explanation:
Under FUTA, only the first $7000 earning per year will be taxed. Any amounts above $7000 will be tax-exempt.
For Michael, the tax will be calculated as follows.
for the$11200 earned in Dawson company
=0.6% x $7000
=0.06/100 x 7000
=0.006 x 7000
=$42
Amount earned working at McBribe
=0.06% x 6900
=0.006 x $6900
=$41.4
Total to be paid by the two companies
=$42 + $ 41.4
=$83.4
Answer: $9,017.89
Explanation:
Wooten will recognize the present value of $10,100 as it is to be paid to them in a year and the company sees time value of money as a significant component.
= 10,100 * Present value interest factor, 12%, 1 period
= 10,100 * 0.89286
= $9,017.886
= $9,017.89
