Return to the previous example: Todd Company sells a parcel of land in exchange for $100,000, which the company will receive in four equal installments of $25,000 starting in the current year. Todd purchased the land 10 years ago for $40,000 and has a 35 percent tax rate.

As noted, realized gain = $100,000 − $40,000 = $60,000

Assuming Todd Company elects to apply the installment sales method for tax purposes, how much of this $60,000 gain will Todd Company recognize in each of years 1–4?

Answers

Answer 1

Todd Company will recognize a gain of $15,000 in each of the years 1, 2, 3, and 4. This is because the installment sales method allows for the recognition of the gain over the period in which the installments are received.

In the given example, Todd Company sells a parcel of land for $100,000, which will be received in four equal installments of $25,000 over four years.

The company purchased the land 10 years ago for $40,000 and has a tax rate of 35 percent.

To determine how much of the $60,000 gain Todd Company will recognize in each of the four years, we can divide the gain by the number of installments.

$60,000 gain ÷ 4 installments = $15,000 gain recognized per year

Therefore, Todd Company will recognize a gain of $15,000 in each of the years 1, 2, 3, and 4.

This is because the installment sales method allows for the recognition of the gain over the period in which the installments are received.

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Related Questions

if i post by business page will you guys follow it ?

Answers

Answer:

Yassss queeeennnn

Explanation:

jdnskakana

Explanation:

Yes i will definately follow it

Why do you think economists have different belief systems/theories on economics?

Answers

Economists have different belief Systems because Economists also disagree because their methods are not good enough to reveal the whole truth. Economic theory is an attempt to explain and interpret economic data, for example, to determine the causes and effects of economic events.

Answer:The principal disagreement among economists is a matter of economic philosophy. There are two major schools of economic thought: Keynesian economics and free-market, or laissez-faire, economics.

Keynesian economists, named after John Maynard Keynes, who first formulated these ideas into an all-encompassing economic theory in the 1930s, believe that a well-functioning and flourishing economy may be created with a combination of the private sector and government help.

By government help, Keynes meant an active monetary and fiscal policy, which works to control the money supply and adjust Federal Reserve interest rates in accordance with changing economic conditions.

By contrast, the free-market economists advocate a government "hands-off" policy, rejecting the theory that government intervention in the economy is beneficial. Free-market economists—and there are many distinguished advocates of this theory, including Nobel Memorial Prize winner Milton Friedman—prefer to let the marketplace sort out any economic problems. That would mean no government bailouts, no government subsidies of business, no government spending explicitly designed to stimulate the economy, and no other efforts by the government to help what the economists believe is the ability of a free economy to regulate itself.

Explanation:

TRUE OR FALSE: It is always free to use an ATM if you have a debit card

Answers

Good luck !!! This is what I found

Answer:

False

Some banks/stores will require you to pay if you use an ATM. In some cases, it is not about whether you have a debit card or not. Debit cards are primarily used to remove money from a bank account, not for ATMs.

If 135 TV's are sold and cost $275 to produce and is priced at $250, what is the profit/loss?

Answers

Answer:

$25

Explanation:

The production cost is $275.

The selling price is $250

The loss/profit will be: Selling price minus cost price

=$250 - $275

=  -$25

A loss of $25.

If this is the cost for all the 135 TVs, then the loss is only $25.

N:B

If the costs are for one TV, then the loss will be $25 x 135=$3,375

What type of economy is an economic system in which private businesses can operate freely with minimal state control?Henry lives in a country where the government gives many incentives to produce military goods and few incentives to produce consumer goods. Henry knows a more efficient way to finish his task at work and feels like sharing it with his boss. However, he has no incentive to share it. Which type of economy does Henry most likely live in?

Answers

Answer:

Private business freedom : Capitalist or Market Economy. Henry is more likely in Socialist Economy.

Explanation:

Economy type in which private sector has full freedom, un-intervened by government or state control is Capitalist or Market Economy. Profit maximisation motive & high consumer choice, sovereignity such economy's main features.

Henry's country which gives incentives to reallocate production choice 'what to produce' (from consumer goods to military goods). He has more efficient idea for work implementation, but lacks incentive (probably due to lack of creative & innovative ideas reward). These features characterise a Socialist Economy, in which government or state has supreme power over central economic decisions. Social welfare is considered priority, government monopoly curbs innovation & creativity, there is less consumer choice, sovereignity.

Question 12 When you get a vaccine, it benefits others because you can't get them sick. If left to the free market, the socially optimal amount of vaccines would be produced. vaccines would be underproduced. vaccines would be overproduced.​

Answers

Answer:

yup you are right i think so idrk

he U.S. government's ability to pay for Social Security in the near future is a problem because:

Answers

Answer:

Our country's notional debt

Explanation:

what is the role of doctors in our society?​

Answers

Their role is to serve the society as others do basically contribution but their actual role is to help others through their medical knowledge.

Which one of the following businesses would you classify as being in the secondary sector of industry?

A) Oil exploration company
B) Family run farm business
C) Taxi operating business
D) Shoe manufacturer

Answers

Answer:

shoe manufacturer

Explanation:

Which of the following occupations is most responsible for ensuring the quality and safety of the food
supply chain?
O chefs
O farmers
O grocery store owners
O food processors

Answers

I would say farmers because all of they rely on their food producs

Answer: I am pretty sure the answer the answer would be the farmers

Explanation: the food comes form the farmers, including meats, veggies, fruits, well you get the point. And if there is something bad with one of the meat animals, they are in charge of not selling the "bad meat" to any stores or big meat companies

What financing source involves wealthy individuals giving their money to fund a startup?

Answers

Answer:

Angel Investors

Explanation:

Angel investment is when a person or a group of individuals use their finances to fund a startup. These investors are wealthy and consider it fit to finance entrepreneurs based on business ideas and proposals.

Angel investors usually have excess funds and willing to risk in the early stages of a startup in anticipation of bigger returns when the business succeeds. Angel investors gain percentage ownership in the business in exchange for funding. They also offer mentorship to entrepreneurs.

Think of a substantial product you regularly purchase, such as video games or jeans. If supply is high and
demand is low, what happens to the cost? How might that affect someone's income? Likewise, if supply is low
and demand is high, what happens to the product's cost? How might that affect someone's income?

Answers

Answer:

See below

Explanation:

1. When the supply is high, and demand is low, an item's cost will probably come down. High supply with low demand creates a surplus in the market. Seller will offer the lowest prices possible to woe buyers.

When an item's prices go down, buyers will spend less money buying the product. The buyer saves some money, which is equivalent to having more income than before.

2. With a low supply but high demand, prices tend to go up. There will be great competition for the few goods from the many buyers. As a result, suppliers will hike prices and make more profits.

An increase in prices forces buyers to spend more money to buy the same commodities. Their disposable income decrease, which is the same as having a reduced income

Chose one scenario and write a paragraph on why you chose it. It’s for economics please help meee

Answers

B
I would prefer to start a babysitting service in my neighborhood because I would be the only business providing this service therefore meaning there wouldn't be any competition. This means that I would be able to make more money as there would be quite a few people with children who need taking care of.

Simply Imagine wants to grow their company but is hindered by increasing labor costs and import quotas.
Simply Imagine should consider becoming a(n)
(A) countertrader (B) wholly owned subsidiary (C) strategically(D) mulimatiomnal (E) franchiser

Answers

Answer:

multinational

Explanation:

A multinational business operates in at least one other country apart from its home country. The company will have factories/ offices in different countries and its headquarters in the domicile state. The operations of a multinational are coordinated at its headquarters.

By becoming a multinational, simple imagine can expand in countries with relatively cheap labor. It will overcome the import quota challenge by operating from a country without restrictions or from the source state.

Fractional reserve banking increases the money supply in an economy by:
A. preventing depositors from leaving a lot of money in banks.
B. requiring the government to print more money in certain
situations.
C. loaning money that would otherwise be held in a bank.
D. accepting currencies from many different countries to pay off
loans.

Answers

Answer:

C. loaning money that would otherwise be held in a bank.

Explanation:

Fractional reserve banking increases the money supply in an economy by "loaning money that would otherwise be held in a bank."

Fractional reserve banking is known as a system of banking whereby the banks hold a fraction of what customers deposit as reserves. Then the banks use the remaining to give loans and thereby creating and increasing the supply of money. Commercial banks practise this type of banking system. This tells of how commercial banks are affecting the money supply. The bank reserves are usually held as cash in the bank. It can also as balances in the bank's account at their central bank.

Answer:

C. loaning money

Explanation:

just did it on a-p-e-x

To satisfy demands for withdrawals, banks keep:
A. discount rates.
B. monetary policies.
C. balance sheets.
D. fractional reserves.​

Answers

C. balance sheets

explanation:

After adjusting your seat, your _____ should be as close as possible to the backrest.
A. hands
B. arms
C. bottom
D. legs

Answers

Answer:

C. Bottom is the answer

Explanation:

My parents would always yell at me to scooch backwards in the car if I was leaning too far forward. I don't need to know how to drive to know this.

This is a question about driving right? Lol, cause if it's not, sorry.

Write a question keep it simple

Answers

Answer:

Why do people break up if they love each other?

Explanation:

sorry it's not simple lol

Helppp please
The fact that a country has less strict labor laws and relaxed environmental regulations are strong reasons for a
company to move production facilities to that country.
True
False

Answers

The answer has to be true

Answer:true

Explanation: I just took the test

Virtue ethics places great focus on which of the following

Answers

Answer:

character i think.

Explanation:

It is the idea being transmitted by the sender to the receiver. It includes three aspects — content , structure and style

Answers

Answer:

decodes and feedback.

Explanation:

It is a message since it is written or recorded words or information sharing or ideas conveyed by the sender to the receiver.  It includes information and communication, how important and useful information is, and can be read in order to understand it.  The structure of a message is tone.

The Style includes how the sender composes and writes a message.

Message is the idea being transmitted.

A Message is a form of communication sent to a recipient who is not present physically and its can be in verbal, written or recorded form.

Message is one of the essential elements of communication process. The other process includes Sender, Encoding, Interference, Communication channel, Receiver, Decoding and Feedback

Roughly, there are 3 purposes for passing message

To inform people of certain subject.To persuade others to do one biddingTo builds one's goodwill.

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Trish bought a new computer that she has been using for a few weeks. She is starting to experience pain in her wrists, back and neck. What measure should Trish take to reduce strain while working on the computer?

A. complete all her work soon on the computer by sitting at a stretch
B. maximize the brightness of the screen to concentrate better
C. ensure back support by using cushions
D. keep hands and wrists stiff while typing

Answers

Answer:

C ensure back support by using cushions

Answer:

C

Explanation:

Her problem is that be back is hurting, and adding cushions will ensure back support and then that will not be a problem for her anymore.

WILL MARK BRANLIEST!!!!!
Which portion would not be part of an investment portfolio? (Select the best answer.) commodities funds

a savings account

a savings 529 plan

equity investments in a company

Answers

Answer:

a savings 529 plan

Hope this helps plz mark me brainliest

Answer:

A savings account

Explanation:

Took the quiz

which of the following should be pracited among all co workers in the workplace
a.bullying
b.discrimination
c.stereotyping
d.tolerance

Answers

Answer:

c

Explanation:

Answer:

D. Tolerance

Explanation:

Because what, you souldnt do any of the others, dude, teachers sometimes

Which of the following vehicles would have a lower insurance premium?
O A brand new SUV
O A used town car

Answers

Answer:

A used town ca

Explanation:

Because its used and that insures that it works so it makes the insurance go down

The correct answer is option B.

A used town car would have a lower insurance premium.

Insurance premium

An insurance premium is the amount of money an individual or business pays for an insurance policy. Insurance premiums are paid for policies that cover healthcare, auto, home, and life insurance.

What is an example of a premium in insurance?

A premium is the price of the insurance you've chosen, charged by your insurance company. A deductible is an amount you have to pay before your insurance company initiates coverage. For example, if your car insurance premium is $800 per year, you must pay your insurer $800 per year to have the insurance.

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Which of the following is NOT a deception method of customers
A)Warning label
B)Pigeon Drop
C)Ponzi Scheme
D)Bait and Switch

Answers

So i feel the answer to this is obvious because a warning label is not meant to trick a consumer so the answer would be a since the rest are trying to bait costumers into something. hope this helps and makes sense to you.

Which is used to trace a check back to the account on which it was written?
Group of answer choices

a valid date

an endorsement

a bank route number

a signature

Answers

Answer:

a bank route number

Explanation:

The routing number is among the three numbers found at the bottom of a check. The routing number is at the bottom left.  It serves as an ' identity ' for your bank. The routing number enables other banks to contact your bank and collect funds from your account every time you write a check.

A routing number is a unique number for every banking institution.  The number proves that the bank is a recognized financial institution with an account with the Federal Reserve.

Max works at Pizza Palace 20 hours each week at a rate of $10 per hour. He is paid every two week. Calculate his gross and net pay. (Social Security 6.2%, Medicare 1.45%, and Federal and State Tax 10%)

Answers

Answer:

$329.4

Explanation:

Max earns $10 per hour. If he works for 20 hours each week, his weekly pay will be $10  times 20 hours

=$10 x 20 hours

=$200

He is paid every two weeks. His gross pay is $400. ($200 x 2)

Net pay would be gross pay -deductions

Deductions.

Social security

= 6.2% x  $400

=$24.8

medicare

=1.45% x $400

=$5.8

Federal and State Tax

=10% x $400

=$40

Total deductions = $24.8 +$5.8 +$40=$70.6

Net pay =$400 -$70.6

=  $329.4  

All of the following are career pathways in the Architecture and Construction
Career Cluster except.
A. Design/Pre-Construction.
B. Construction.
C. Power, Structural, and Technical Systems.
D. Maintenance/Operations.

Answers

C. Power, Structural, and Technical Systems.

correct me if im wrong

Answer:

The answer is C.

Explanation:

I took the test. Hope this helps! ;) <3

After learning about social media ethics, what 5 things would you tell other high school students positive or negative about social media and how it will potentially affect their high school experience and their potential career?

Answers

1. A positive is meeting and learning from new people 2. social media Can be dangerous to mental health 3 Stay in touch with distant people 4. Learn subjects 5. What you say online can bite you on the butt
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In the short run, as a result of diminishing returns, a. Total output decreases. b. Both marginal product and marginal cost decrease. c. Marginal product increases and marginal cost decreases. d. Marginal product remains constant. e. Marginal product decreases and marginal cost increases. 2.A firm faces the demand curve: P = 900 - 25Q. What is the firms revenue maximizing price? Enter the value. 3. In the short run, a firm should expand the use of a variable input until a. Its marginal product is zero. b. Its marginal revenue product is zero. c. Its marginal revenue product is at a maximum. d. Its marginal revenue product equals the inputs marginal cost. e. None of the above answers is correct. 4. If total cost is given by TC = 10 Q 2 Q 2 + 0.2 Q3, then average cost is minimized at __________ units of output. SWOT ANALYSIS ON MEC ( MOUNTAIN EQUIPMENT CO-OP)Before takeover Swot analysisAfter takeover Swot analysis (after MEC was sold to KingswoodCapital Management When can thermal energy in a system move from lower to higher temperatures? from a boat on the lake, the angle of elevation to the top of a cliff is 1250'. if the base of the cliff is 1366 feet from the boat, how high is the cliff? Which of the following is INCORRECT regarding generating small wins? Generating small wins in change processes is important because big milestones are rare. According to the Progress Principle, recognizing daily progress can lead to elevated mood, motivation, positive perception, and positive framing. Generating small wins is effective regardless of whether work is meaningful or not. How leaders frame a challenge is important. Write the complex number in standard form. (Simplify your answer completely.) (5+ 5) (6--10) (30-50)+i(65 -510) x Explain why the rate of cell division differs among different somatic cells. The variable costs per unit of a companys single product for the period just ended were:KProduction 120Non-production 16The selling price of the product in the period was K200 per unit and the sales revenue required to break-even was K120,000.Required:(a) Calculate for the period just ended:(i) The contribution/sales ratio; (2 marks)(ii) The total fixed costs. (2 marks)(b) In the following period it is expected that fixed costs will totalK39,000.Required: Calculate the required contribution per unit in the following period for the break-even point to be 500 units. (3 marks)(2 ) A company makes and sells three products. The budget for the next period is as follows:Product A B CK per unit K per unit K per unitSales price 12 18 20Variable cost 3 6 11Profit 3 3 3Number of units 30,000 40,000 10,000CalculateThe Breakeven point in sales value (in Kwacha) for the company (3 Marks)The breakeven point in sales value (in Kwacha) for each product ( 6 Marks)The breakeven point in sales units for the company (3 Marks)The breakeven point in sales units for each product (6 Marks)What sales revenue will be needed to achieve a target profit of K400,000 for the period. (5 Marks) Look at Tribute Money from the Brancacci Chapel. Which feature of thispainting contributes to the drama of the piece? A. The hand gesture of JesusB. The contrast between light and darknessC. The bright clothingD. The stormy background Thermal energy in the inner and outer core is heat that is from the original formation of Earth. Thermal energy istransferred from the outer core towards the crust through the mantle. Which BEST describes how energy movesthrough the mantle?AThermal energy radiates from the outer core, through the mantle, to the crust.BThermal energy moves by conduction from the outer core, through the mantle, and to thecrust by direct contact.Thermal energy rises with heated magma from near the core and sinks back down as it coolsthrough convection.DThermalbyergy heats up the magma by radiation and passes through the mantle asconduction What is Newton's 2nd law of motion? *Your answer Which of the following is not part of the study of human geography?Group of answer choicescitiespopulationhydrologylanguages You are considering a project that requires an initial investment of $1,200. The estimated project cash flows in years 1,2 , and 3 are $200,$200, and $950. respectively. The required return is 7%. What is the profitability index (PI) of the project?A. 1.95 B. 1.01 C. 0.95 D. 0.05 Plz help Provide a example of what you got out of the textMANABOZHO, THE MISCHIEF-MAKERAdapted from H. R. SchoolcraftThere was never in the whole world a more mischievous busybody than that notorious giant Manabozho. He was everywhere, in season and out of season, running about, and putting his hand in whatever was going forward.To carry on his game he could take almost any shape he pleased. He could be very foolish or very wise, very weak or very strong, very rich or very poorjust as happened to suit his humor best. Whatever anyone else could do, he would attempt without a moment's reflection. He was a match for any man he met, and there were few manitoes* (*good spirits or evil spirits) that could get the better of him. By turns he would be very kind or very cruel, an animal or a bird, a man or a spirit, and yet, in spite of all these gifts, Manabozho was always getting himself involved in all sorts of troubles. . . .WHY THE DIVER DUCK HAS SO FEW TAIL FEATHERSHaving overcome the powerful Pearl Feather, killed his serpents and escaped all is wiles and charms, the heart of Manabozho welled within him. An unconquerable desire for further adventures seized upon him. He had won in a great fight on land, so he determined his next success should come to him from the water.He tried his luck as a fisherman and with such success that he captured an enormous fish, a fish so rich in fat that with the oil Manabozhowas able to form a small lake. Wishing to be generous, and at the same time having a cunning plan of his own, he invited all the birds and beasts of his acquaintance to come and feast upon the oil, telling them that the order in which they partook of the banquet would decide how fat each was to be for all time to come.As fast as they arrived he told them to plunge in and help themselves.The first to make his appearance was the bear, who took a long and steady draft; then came the deer, the opossum, and such others of the family as are noted for their comfortable covering. The moose and the buffalo were late in arriving on the scene, and the partridge, always lean in flesh, looked on till the supply was nearly gone. There was not a drop left by the time the hare and the marten appeared on the shore of the lake, and they are, in consequence, the slenderest of all creatures.When this ceremony was over Manabozho suggested to his friends, the assembled birds and animals, that the occasion was proper for a little merrymaking; and taking up his drum he cried out:"New songs from the South! Come, brothers, dance!"They all fell in and commenced their rounds. Whenever Manabozho, as he stood in the circle, saw a fat fowl which he fancied pass him, he adroitly wrung its neck and slipped it under his belt, at the same time beating his drum and singing at the top of his lungs to drown the noise of the fluttering, crying out in a tone of admiration:"That's the way, my brothers; that's the way." At last a small duck of the diver family, thinking there was something wrong, opened one eye and saw what Manabozho was doing. Giving a spring, and crying: "Ha-ha- a! Manabozho is killing us!" he made a dash for the water.Manabozho was so angry that the creature should have played the spy that he gave chase, and just as the Diver Duck was getting into the water he gave him a kick, which is the reason that the diver's tail feathers are few, his back flattened, and his legs straightened out, so that when he is seen walking on land he makes a sorry looking figure.The other birds, having no ambition to be thrust in Manabozho's belt, flew off, and the animals scampered into the woods. in triangle RST, RT = 12 cm, ST = 12 cm and angle RST = 90 degreescalculate the length of RS, giving your answer correct to one decimal place. A monopolist produces both Good A and Good B. There are two types of consumers. Enthusiasts are willing to pay 10 for Good A and 7 for Good B. Marginals are willing to pay 1 for Good A and 6 for Good B. There are 10 of each type of consumer. The monopolist has a choice between bunding the two goods together or pricing them individually. a. The Willingness to pay is NOT negatively correlated, and the firm should price items individually. b. The Willingness to pay is NOT negatively correlated, and the firm should bundle. c. The Willingness to pay is negatively correlated, and the firm should price items individually. d. The Willingness to pay is negatively correlated, and the firm should bundle. 3. Imagine that the doctrine of judicial review did not exist within the United States. What would be the ramifications? keeping the negotiator's dilemma in mind, how can you approach anegotiation with someone you do not have experience with toencourage collaboration while also protecting your owninterests Which is the correct way on the Works Cited page to format one author (Matthew R. Hanna) from a source? M.R. Hanna Matthew R. Hanna Hanna Hanna, Matthew R. "Jabberwocky" is a nonsense poem. It is essentially meaningless, and many of the words in the poem are made up. However, by taking away the actual meaning of the words, a reader can focus on the musicality and sound of those words.Write your own nonsense poem. Write ten lines using made-up words about a nonsensical subject. As you are writing, focus on the sounds that your made-up words have, and how they affect the feeling of the poem. Your poem does not necessarily need to rhyme, but should have a sense of rhythm.