Business, 04.10.2019 21:30 4presidents

Brody and tanya recently sold some land they owned for $200,000. they received the land five years ago as a wedding gift from brody's aunt jeanette. aunt jeanette purchased the land many years ago when the property was worth $20,000. at the date of the gift, the property was worth $100,000 and aunt jeanette paid $40,000 in gift tax. what is the long term capital gain on the sale of the property

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 06:50

On january 1, vermont corporation had 40,000 shares of $10 par value common stock issued and outstanding. all 40,000 shares has been issued in a prior period at $20.00 per share. on february 1, vermont purchased 3,750 shares of treasury stock for $24 per share and later sold the treasury shares for $21 per share on march 1. the journal entry to record the purchase of the treasury shares on february 1 would include a credit to treasury stock for $90,000 debit to treasury stock for $90,000 credit to a gain account for $112,500 debit to a loss account for $112,500

Answers: 3

Answer

Business, 22.06.2019 11:00

Specialization—the division of labor—enhances productivity and efficiency by a) allowing workers to take advantage of existing differences in their abilities and skills. b) avoiding the time loss involved in shifting from one production task to another. c) allowing workers to develop skills by working on one, or a limited number, of tasks. d)all of the means identified in the other answers.

Answers: 2

Answer

Business, 22.06.2019 16:30

:; )write a paragraph of two to three sentences and describe what will happen to a society that does not have a productive workforce?

Answers: 3

Answer

Business, 22.06.2019 16:40

Job 456 was recently completed. the following data have been recorded on its job cost sheet: direct materials $ 2,418 direct labor-hours 74 labor-hours direct labor wage rate $ 13 per labor-hour machine-hours 137 machine-hours the corporation applies manufacturing overhead on the basis of machine-hours. the predetermined overhead rate is $14 per machine-hour. the total cost that would be recorded on the job cost sheet for job 456 would be: multiple choice $3,380 $5,298 $6,138 $2,622

Answers: 1

Answer

You know the right answer?

Brody and tanya recently sold some land they owned for $200,000. they received the land five years a...

Questions