Detroit corporation sued chicago corporation for intentional damage to detroit's goodwill. detroit had created its goodwill through providing high-quality services to its customers. thus, no basis for the goodwill appeared on detroit's balance sheet. the suit was settled and detroit received $1,500,000 for the damages to its goodwill. a. the $1,500,000 is not taxable because it represents a recovery of capital. b. the $1,500,000 is taxable because detroit has no basis in the goodwill. c. the $1,500,000 is not taxable because detroit did nothing to earn the money. d. the $1,500,000 is not taxable because detroit settled the case. e. none of these.
Answers: 3
Business, 21.06.2019 20:40
Which of the following actions is most likely to result in a decrease in the money supply? a. the discount rate on overnight loans is lowered. b. the government sells a new batch of treasury bonds. c. the federal reserve bank buys treasury bonds. d. the required reserve ratio for banks is decreased. 2b2t
Answers: 2
Business, 22.06.2019 02:00
What is an example of a good stock to buy in a recession? a) cyclical stock b) defensive stock c) income stock d) bond
Answers: 1
Business, 22.06.2019 11:00
Samantha is interested in setting up her own accounting firm and wants to specialize in the area of accounting that has experienced the most significant growth in recent years. which area of accounting should she choose as her specialty? samantha should choose as her specialty.
Answers: 1
Business, 22.06.2019 14:00
The following costs were incurred in may: direct materials $ 44,800 direct labor $ 29,000 manufacturing overhead $ 29,300 selling expenses $ 26,800 administrative expenses $ 37,100 conversion costs during the month totaled:
Answers: 2
Detroit corporation sued chicago corporation for intentional damage to detroit's goodwill. detroit h...
Mathematics, 22.10.2020 17:01
Biology, 22.10.2020 17:01
Mathematics, 22.10.2020 17:01
Chemistry, 22.10.2020 17:01
Mathematics, 22.10.2020 17:01
Computers and Technology, 22.10.2020 17:01
English, 22.10.2020 17:01
History, 22.10.2020 17:01
Chemistry, 22.10.2020 17:01
Physics, 22.10.2020 17:01
Mathematics, 22.10.2020 17:01
Computers and Technology, 22.10.2020 17:01
Mathematics, 22.10.2020 17:01