Answer:
A. capitalize capitalize
Explanation:
All the expenses incurred to make the asset usable are capitalized and those expenses become the part of cost of that assets for which that are incurred. Interest on debt to purchase an asset and in case to construct the asset both are capitalized, because these expenses are essential to make assets usable for the business.
Answer:
$17,500
Explanation:
Calculation of Pat's taxable gain in the year of sale using the installment sales method :
First step is to add up Land + Cash
$75,000+$25,000
=$100,000
Second step
([$100,000-$30,000)/$100,000]*$25,000
=($70,000/100,000)*$25,000
Hence:
0.7*$25,000
=$17,500
Therefore Pat's taxable gain in the year of sale using the installment sales method will be $17,500
Answer:
Amount deductible as a charitable contribution=$175.
Explanation:
Given data:
Cost at which the ticket is purchased=$250
Actual cost of the ticket=$75
Required:
Amount deductible as a charitable contribution=?
Solution:
Any amount above the fair market value/Normal value will be the deductible charitable contribution.
In our case:
Amount deductible as a charitable contribution=Cost at which the ticket is purchased - Actual cost of the ticket.
Amount deductible as a charitable contribution=$250-$75.
Amount deductible as a charitable contribution=$175.
Answer / Explanation:
First let us define Intellectual Property Piracy: This can be defined as as or described as the unauthorized duplication, cloning or illegal distribution of copyright or patented material.
From the standpoint of a manager at Starbucks in china, intellectual property piracy is at his liberty in the sense that, although it is accepted that the enactment of the law protecting property right has been activated, it is not totally enforced in china. The intellectual property piracy was established by government legislation, administrative regulations, and decrees in the areas of trademark, copyright, and patent. This has led to the creation of a comprehensive legal framework to protect both local and foreign intellectual property. However, despite this copyright laws, violations are common in china. So relating back to the question, to the china manager of Starbucks, Intellectual Property Piracy is a norm that can not be challenged.
It would be chlice B (Bachelors degree)
