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Doughbuddy, Inc. bought a buffer for $350,000 and was depreciating it based on a life of eight years using the straight-line method. They assumed they would get a salvage value of $50,000. After three years, the buffer was sold for $250,000. From a tax perspective, state below on Blackboard whether this sale represents a recaptured depreciation, loss, or capital gain. Also state below how much, to the closest dollar, is the recaptured depreciation, loss, or capital gain.
a) An increase in the price of food in southern Ontario would increase the price of agricultural land and increase population density in Toronto in equilibrium.
Jane has 3 liters of drinks and 9 sandwiches. Bob on the other hand has 8 liters of drinks and 4 sandwiches. With these endowments, Jane’s MRS DS is 4 and Bob’s MRS DS is equal to 2. Draw an Edgeworth box diagram to show whether this allocation of re..
When Hernán Cortés was leading his men in conquest of the Aztecs in Mexico, he famously burned his boats on the beach before setting off inland.
Evaluate the merits of the conventional wisdom in light of the empirical evidence concerning the magnitudes of localization and urbanization economies?
Alternative A could be replaced with another A with identical cost and benefits. The maximum attractive rate of return is 6%. Which alternative should be select
The Sterling Corporation makes and sells motorcycles. The total cost of each cycle is the sum of the costs of frames, assembly, and engine. The firm produces its own engines according to the following cost equation: Find the firm’s profit-maximizing ..
Compare and contrast consumer behavior of Hispanic, African American, and Asian American households. Provide support for your responses in 200 words.
Chris consumes only 2 goods, Suppose his utility function is U(X1,X2)=X1 1/3,X2 2/3, Suppose P1 =$2,P2= $8 and income(I)=$600 I want to know how to do the problem, so I need to see all the steps it takes to arrive at the correct answers for a,b and c..
Suppose the candle manufacturing industry is organized as a perfectly competitive market i.e. it consists of many firms with identical cost structures. A single firm's long-run average total cost function is “U” shaped and minimized at an output of q..
When he was president, Donald Trump noted that in 2017, the USA had a trade deficit of almost $350 billion with China.
Would you feel it would be right if the government made you sell at a much lower price than you could have gotten in the free market?
A company has to decide weather to lease or buy a crane for 20 Years, please calculate both seperatly and show which one is the better option.
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