In january 2014, s company, an 80% owned subsidiary of p company, sold equipment to p company for $990,000. s company's original cost for this equipment was $1,000,000 and had accumulated depreciation of $100,000. p company continued to depreciate the equipment over its 9 year remaining life using the straight-line method. this equipment was sold to a third party on january 1, 2017 for $720,000. what amount of gain should p company record on its books in 2017?
a. $30,000.
b. $60,000.
c. $120,000.
d. $180,000.

Match the given situations to the type of risks that a business may face while taking credit.(there's not just one answer)1. beta ltd. had taken a loan from a bankfor a period of 15 years, but its salesare gradually showing a decline.2. alpha ltd. has taken a loan for increasing its production and sales,but it has not conducted any researchbefore making this decision.3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession.4. delphi ltd. has taken a short-term loanfrom the bank, but its supply chain logistics are not in place.a. foreign exchange riskb. operational riskc. term of loan riskd. revenue projections risk

If a seller prepaid the taxes of $4,400 and the closing is set for may 19, using the 12 month/30 day method what will the buyer owe the seller as prorated taxes?

The last time he flew jet value air, juan's plane developed a fuel leak and had to make an 4) emergency landing. the time before that, his plane was grounded because of an electrical problem. juan is sure his current trip will be fraught with problems and he will once again be delayed. this is an example of the bias a) confirmation b) availability c) selective perception d) randomness