3) The land and warehouse and office furniture are sold on June 17, 2020. The purchase price was allocated as follows: $1,600,000 to the land, $7,800,000 to the warehouse. The Charles company originally purchased the property at a cost of 8,000,500. During there ownership they took $678.000 of depreciation expenses. What is the tax liability? Where appropriate assume L/T capital gains is subject to 20%)

When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is

What is marketing’s contribution to the new product development team? a. technical expertise needed to translate designs into an actual product/service. b. deep customer insight that leads to product ideas. c. ability to assess financial viability d. feedback on design as well as how customers will actually use the product e. technical expertise needed to translate concepts into product/service designs.

Garrett is an executive vice president at samm hardware. he researches a proposal by a larger company, maximum hardware, to combine the two companies. by analyzing past performance, conducting focus groups, and interviewing maximum employees, garrett concludes that maximum has poor profit margins, sells shoddy merchandise, and treats customers poorly. what actions should garrett and samm hardware take? a. turn down the acquisition offer and prepare to resist a hostile takeover. b. attempt a friendly merger and use managerial hubris to improve results at maximum. c. welcome the acquisition and use knowledge transfer to impart sam hardware's management practices. d. do nothing; the two companies cannot combine without samm hardware's explicit consent.