Tonya jefferson, a sole proprietor, runs a successful lobbying business in washington, d. c. she doesn't sell many business assets, but she is planning on retiring and selling her historic townhouse, from which she runs her business in order to buy a place somewhere sunny and warm. tonya's townhouse is worth $1,000,000 and the land is worth another $1,000,000. the original basis in the townhouse was $600,000, and she has claimed $250,000 of depreciation deductions against the asset over the years. the original basis in the land was $500,000. tonya has located a buyer that would like to finalize the transaction in december of the current year. tonya's marginal ordinary income tax rate is 35 percent. in addition to the original facts, assume that tonya reports the following nonrecaptured net §1231 loss: net §1231year gains/(losses)year 1 $(200,000)year 2 0year 3 0year 4 0year 5 0year 6 (current year) ? what amount of gain or loss does tonya recognize on the sale? what is the character of the gain or loss? as tonya's tax advisor, you suggest that tonya sell the townhouse in year 7 in order to reduce her taxes.

Label each scenario with the term that best describes it. use the midpoint method when applicable. marcel duchamp was a famous artist prior to his death, and was known for his dada artwork, including works such as "soft toilet". all of his original sculptures and paintings go on sale. paul owns a tim horton's, a famous donut and coffee franchise. he is willing to sell as many maple glazed donuts as customers want at a price of $1.00 each, but he refuses to sell any donuts for any price lower than $1.00 . the price of facial tissues rises from $2.85 per box to $3.15 . as a result, p& g increases production from 15 million boxes to 25 million boxes of facial tissue. with the school semester starting for both high school and college, papermate chooses to increase production of pens from 38 million to 42 million after global prices of writing instruments increase from $1.90 a package to $2.10 a package. bright ideas increases its production of lightbulbs by 15% after a 400% increase in the price of fluorescent bulbs.labels: elastic supply; perfectly inelastic supply; perfectly elastic supply; inelastic supply; unit-elastic supply.

Fortress international, a large conglomerate, procures a few component parts from external suppliers and also manufactures some of the key raw materials in its own subsidiaries. aside from this, the company does not solely depend on outside distributors to reach its customers. in fact, it has its own retail stores to distribute its products. in this scenario, which of the following alternatives to vertical integration is fortress international applying? a. concentric integration b. taper integration c. horizontal integration d. conglomerate integration

When a company produces and sells x thousand units per week, its total weekly profit is p thousand dollars, where upper p equals startfraction 800 x over 100 plus x squared endfraction . the production level at t weeks from the present is x equals 4 plus 2 t. find the marginal profit, startfraction dp over dx endfraction and the time rate of change of profit, startfraction dp over dt endfraction . how fast (with respect of time) are profits changing when tequals8?