subject
Business, 17.07.2019 18:30 cairolove228

Four years ago, mr. b sold his personal property on contract for $200,000, which resulted in a capital gain of $100,000. mr. b properly elected to use the installment method of reporting and through last year had collected $40,000 on the contract. at the start of this year, the buyer defaulted on the contract, and mr. b repossessed the property. at the time of repossession, the property had a fair market value of $160,000. what is the gain or loss to be reported on the repossession?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:50
What is the best definition of a conclusion?
Answers: 1
question
Business, 21.06.2019 21:00
The management of a private investment club has a fund of $250,000 earmarked for investment in stocks. to arrive at an acceptable overall level of risk, the stocks that management is considering have been classified into three categories: high risk (x), medium risk (y), and low risk (z). management estimates that high risk stocks will have a rate of return of 15%/year; medium risk stocks, 10%/year; and low risk stocks, 6%/year. the amount of money invested in low risk stocks is to be twice the sum of the amount invested in stocks of the other two categories. if the investment goal is to have a rate of return of 9% on the total investment, determine how much the club should invest in each type of stock. (assume that all the money available for investment is invested.)
Answers: 3
question
Business, 21.06.2019 21:30
Part i a company's cereal is not selling well. create a 10-15-question survey that measures customers' preferences for the company's cereal product. then, answer the following questions: how many scale items will you put in the survey? justify your answer. will you use multiple-choice questions? why or why not? how many scale points will you use in the survey? justify your answer. what data type will be used in the survey? justify your answer. part ii as a second part of this assignment, create a set of survey questions, assuming that you sell cars. you are attempting to measure how customers perceive the quality of the cars that you sell. create three survey questions with simple category scales. justify why you selected those questions and scales. create three survey questions with multiple-choice, single-response scales. justify why you selected those questions and scales. create three survey questions with multiple-choice, multiple-response scales. justify why you selected those questions and scales. create three survey questions with likert scale summated ratings. justify why you selected those questions and scales.
Answers: 1
question
Business, 21.06.2019 21:40
Bella is the new president of first edition, a group dedicated to the promotion of english literacy in first-generation immigrant communities. in the two years that have passed since bella took the position, the organization's members have become more passionate about their mission and intensified their activitiesโ€”they put in long hours teaching children to read, promoting the program to parents, and soliciting donations. bella's strength is in her ability to inspire others and make them believe that they are part of something greater than themselves. which term best captures bella's leadership style? a. transactional b. transformational c. legitimate authority d. absolute authority
Answers: 1
You know the right answer?
Four years ago, mr. b sold his personal property on contract for $200,000, which resulted in a capit...
Questions
question
Mathematics, 15.12.2019 01:31
question
Mathematics, 15.12.2019 01:31
question
History, 15.12.2019 01:31
Questions on the website: 13722359