Reference no: EM13122595
If economic depreciation refers to diminution in value because of obsolescence, physical wear and tear, technological advances in substitute goods, or changes in consumption behavior, tastes and distributional behavior, what accounts for the appreciation in value of the following:
1) Real estate commercial office buildings in New York City or brownstone townhomes on Capitol Hill, NE, Wash. D.C.
2) Residential Coops and Condos in Back Bay Boston, or Cambridge, Mass.
3) American Classic Cars e.g. 1950's GM Chevy Corvette, GM Eldorado Cadillac, or 1960's Ford Mustang.
4) Topps trading cards featuring baseball players Ted Williams, Henry Aaron, Willie Mays or Mickey Mantle.
5) Numismatic Coins such as Civil War silver dollars, two-sided Buffalo nickels, or American Eagle Gold Dollar Coins.
Explain how a sale would be generally treated under the federal tax law for each item listed above.
|
Relative extrema of a function
: G(x) = 3x^5 - 5x^4 What is the relative extreme point of g. Please explain why.
|
|
What might have caused caterpillars lifo reserve
: For both companies, as of the end of 2009, the existence of a LIFO reserve demonstrates that LIFO inventory is less than it would have been if FIFO had been used. For both companies, compute the ratio of LIFO inventory/FIFO inventory for 2009 endi..
|
|
Determining inverse hyperbolic function
: Solve the equations i. 6sinh theta - 4cosh theta-3=0 correct to 3 decimal places
|
|
Identifying the tax issues
: Orange has a $20,000 charitable contribution carryover to 2010 from a prior year. Identify the tax issues the board should consider regarding the proposed contribution.
|
|
Explain how a sale would be generally treated
: If economic depreciation refers to diminution in value because of obsolescence, physical wear and tear, technological advances in substitute goods, or changes in consumption behavior.
|
|
Determining continuity of a graph
: Determine if the given function can be extended to a continuous function at x=0. If so, approximate the extended function's value at x=0 (rounded to four decimal places if necessary).
|
|
Determining limit of a function
: Given lim as x approaches 0- f(x) = Ll , lim as x approaches 0+ f(x) = Lr , and Ll ≠ Lr, which of the following statements is true?
|
|
Identify optimal production level
: How do I determine the short-run profit maximizing price and quantity? How do I determine the maximum profit accruable to the firm?
|
|
What is gomezs value of equity
: Gomez has $300,000 in 8 percent debt outstanding, and a similar company with no debt has a cost of equity of 11 percent. According to the Miller model, what is Gomez's value of equity?
|