In December 2020, Carl Corporation sold land it held as an investment. The corporation received $50,000 in 2020 and a note payable (with adequate interest) for $150,000 to be paid in 2022. Carl Corporation’s cost of the land was $80,000. The corporation has a $90,000 net capital loss carryover that will expire in 2020. Should Carl report the sale in 2020 or use the installment method to report the income as payments are received?

The revenues of a company increased by 39% in year one and decreased 22% in year two. what is the overall change over the two-year period?

In return for their with optimizing his painting project, the castle servant informed poly and digit that he saw someone dressed as the king leaving behind a trail of crumbs as he walked into the jester's room late last night. poly and digit have finally found the crisp-collecting culprit — it turns out the jester's shoe size and hair color match the clues that were found! in gratitude, poly and digit agree to the servant with his current task of replacing all of the tables and chairs in the castle. his goal is to determine which furniture company should produce the new furniture. he receives information from a company that customizes elegant furniture, and he wants to analyze the company's production process in order to calculate some problems about cost and availability. read the following scenario, and assist poly and digit as they the servant with his calculations. the fit for a king furniture company requires 2020 hours of labor to produce a standard table, and a chair requires 1212 hours of labor. the labor available is 565565 hours per week. the company can produce at most 3535 chairs per week.

The following information is for alex corp: product x: revenue $12.00 variable cost $4.50 product y: revenue $44.50 variable cost $9.50 total fixed costs $75,000 what is the breakeven point assuming the sales mix consists of two units of product x and one unit of product y?