subject
Business, 16.01.2020 21:31 ramos2019

Marvin received form 1099-c reporting canceled credit debt of $7,000. his total liabilities immediately before the cancellation were $43,000. the fmv of assets immediately before the cancellation were $38,000. what amount of canceled debt will marvin report on his return? a. $0b. $2,000 c. $5,000

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 12:30
How much was home depot's management responsible for its problems? what about the role of technology and organizational factors?
Answers: 1
question
Business, 22.06.2019 03:00
What is the relationship between marginal external cost, marginal social cost, and marginal private cost? a. marginal social cost equals marginal private cost plus marginal external cost. b. marginal private cost plus marginal social cost equals marginal external cost. c. marginal social cost plus marginal external cost equals marginal private cost. d. marginal external cost equals marginal private cost minus marginal social cost. marginal external cost a. is expressed in dollars, so it is not an opportunity cost b. is an opportunity cost borne by someone other than the producer c. is equal to two times the marginal private cost d. is a convenient economics concept that is not real
Answers: 3
question
Business, 22.06.2019 08:10
What are the period and vertical shift of the cosecant function below? period: ; vertical shift: 1 unit up period: ; vertical shift: 2 units up period: ; vertical shift: 1 unit up period: ; vertical shift: 2 units up?
Answers: 3
question
Business, 22.06.2019 08:50
Dyed-denim corporation is seeking to lower the costs of value creation and achieve a low-cost position. as a result, it plans to move its manufacturing plant from the u.s. to thailand, which based on company research, is the optimal location for production. this strategic move will most likely allow the company to realize
Answers: 3
You know the right answer?
Marvin received form 1099-c reporting canceled credit debt of $7,000. his total liabilities immediat...
Questions
question
Mathematics, 02.12.2019 08:31
question
Chemistry, 02.12.2019 08:31
question
Biology, 02.12.2019 08:31
Questions on the website: 13722363