What is her recognize gain

Assignment Help Accounting Basics
Reference no: EM133137609

Question - A's office building has basis 380000 is condemned by the state. The state awards her 600000 and she immediately purchases a replacement office building for 520000. What is her recognize gain?

A. 0

B. 40000

C. 80000

D. 120000

Reference no: EM133137609

Questions Cloud

Wal-mart canada inc v united steelworkers of america : Discuss two key learnings that you take away from the Wal-Mart Canada Inc v United Steelworkers of America (1997) case. Your learnings must be connected to the
How does depression/anxiety affect neurotransmitters : How does depression/anxiety affect neurotransmitters? How does depression/anxiety affect synapses?
What is daoism : What is Daoism? How does it approach life and governance? How does it compare to Legalism?
Identify the content for an evaluation : Falcone and Tan (2013) provide us with specific elements for the development of a performance evaluation program that addresses all areas of organizational proc
What is her recognize gain : The state awards her 600000 and she immediately purchases a replacement office building for 520000. What is her recognize gain
Application for the position of healthcare administrator : A good plan for advancement includes having a current resume avaliable, and a good resume starts with a good cover letter customized to the position you are see
Risk factors for ctds and back problems : We need to bring in an ergonomics consultant. I am concerned that we are suddenly starting to see Cumulative Trauma Disorders (CTDs) and back injuries as a resu
How much gain does he recognize from sale : In January 2017, A (single) sold principle residence in which she had lived for 6 yrs for 695000. How much gain does he recognize from sale
What are the data sources for a specific job : What are the data sources for a specific job? How can we explain it?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd