Do not round any division. round your final answer to the nearest dollar. a. determine gerald's adjusted basis for the land and building. gerald's adjusted basis for the land is $. gerald's adjusted basis for the building is $. b. assume instead that the fair market value of the land was $87,000 and that of the building was $65,000. determine gerald's adjusted basis for the land and building. gerald's basis for gain: gerald's adjusted basis for the land is $. gerald's adjusted basis for the building is $. gerald's basis for loss: gerald's adjusted basis for the land is $. gerald's adjusted basis for the building is $.

Consider each of the following cases: case accounting break-even unit price unit variable cost fixed costs depreciation 1 127,400 $ 38 $ 25 $ 711,000 ? 2 124,000 ? 41 2,500,000 $ 900,000 3 5,753 117 ? 171,000 100,000 required: (a) find the depreciation for case 1. (do not round your intermediate calculations.) (b) find the unit price for case 2. (do not round your intermediate calculations.) (c) find the unit variable cost for case 3. (do not round your intermediate calculations.)

In the supply-and-demand schedule shown above, at the lowest price of $50, producers supply music players and consumers demand music players.

You are chairman of the board of a successful technology firm. there is a nominal federal corporate tax rate of 35 percent, yet the effective tax rate of the typical corporation is about 12.6%. your firm has been clever with use of transfer pricing and keeping money abroad and has barely paid any taxes over the last 5 years; during this same time period, profits were $28 billion. one member of the board feels that it is un-american to use various accounting strategies in order to avoid paying taxes. others feel that these are legal loopholes and corporations have a fiduciary responsibility to minimize taxes. one board member quoted what the ceo of exxon once said: “i’m not a u.s. company and i don’t make decisions based on what’s good for the u.s.” what are the alternatives? what are your recommendations? why do you recommend this course of action?