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ANTONII [103]
2 years ago
13

Hart, an individual, bought an asset for $500,000 and has claimed $100,000 of depreciation deductions against the asset. Hart ha

s a marginal tax rate of 32 percent. Answer the questions presented in the following alternative scenarios (assume Hart had no property transactions other than those described in the problem): (Loss amounts should be indicated by a minus sign. Enter NA if a situation is not applicable. Leave no answer blank. Enter zero if applicable.) Required: a1. What is the amount and character of Hart’s recognized gain or loss if the asset is tangible personal property sold for $450,000? a2. Due to this sale, what tax effect does Hart have for the year?

Business
1 answer:
Naily [24]2 years ago
4 0

Answer

The answer and procedures of the exercise are attached in the following images.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in 2 sheets with the formulas indications.  

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Which of the following would shift the supply curve for roses to the right? a. Valentine’s Day is approaching, and everyone want
tia_tia [17]

Answer:

b. There is a fall in the wages paid to workers that grow roses.

Explanation:

A shift to the right in the supply curve means that the supply of roses increased the quantity of roses at the same price. This is only possible is a change in the cost structured improved the capacity of production of roses at the same use of resources. With a fall in salaries of workers is possible to hire more workers and increase the offer of total roses at a same level of previous cost

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What makes financial professions popular in Nepal?​
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Of the items listed below, which ones have high entropy?
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Which of the following is not part of the procedure for evaluating the pluses and minuses of a diversified company's strategy an
alina1380 [7]

Answer: Checking for conflicts/Incompatibility among the competitive strategies of the company different business.

Explanation:

This will be a waste of effort and resources because the business are different there strategies are bound to be different, trying to reconcile different strategies for different business is uncalled for and not necessary.

Ranking the performance prospect of the business, accessing the competitive strength of each busines the company has diversity into, evaluation the prospective advantage of cross busines strategic fits along the value chain of the company's various busines, checking whether the company's resources meets the current requirements of it's business line up will all help to improve the company's performance.

3 0
2 years ago
​Bulldog, Inc. has budgeted sales for the first quarter of the next year to be 35,000 units. The inventory on hand at the beginn
Charra [1.4K]

Answer:

     BUDGETED PRODUCTION

                                             Units

Budgeted sales                   35,000

Add: Closing inventory       <u>3,000</u>

                                            38,000

Less: Beginning inventory  <u>5,000</u>

Production budget             <u> 33,000</u>

The options are incorrect. The correct answer is 33,000 units.

Explanation:

Production budget is budgeted sales plus closing inventory minus beginning inventory.

3 0
2 years ago
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