Identify which of the following is false.
A) Corporations that sell real property at a gain must report an additional 20% of the entire gain as ordinary income.
B) Corporations selling real property that previously had been depreciated using an accelerated method are subject to Sec. 291.
C) Section 291 reduces the amount of net Sec. 1231 gains that can be offset by corporate capital losses.
D) Section 291 recapture applies to Sec. 1250 property.
A) Corporations that sell real property at a gain must report an additional 20% of the entire gain as ordinary income.
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The researcher should rely on ________ to determine which variables should be investigated
A) objective evidence B) theory C) an analytical model D) all of the above
Mac Products Inc is considering the purchase of a new machine. The estimated cost of the machine is $30,000. The machine is expected to generate annual cash inflows over the next three years as follows: Year Annual cash flow 1 $25,000 2 $20,000 3 $15,000 The machine will be depreciated with no half-year convention over its three-year life using the straight-line method and is not expected to have
a residual value at the end of its useful life. The company considers income tax effects in all of its capital investment decisions. If the company's income tax rate is 35% and they desire an after-tax return of 14% on investments, the net present value of the new machine is: A) $8,965. B) $24,056. C) $12,338. D) $840.
The impact of group norms and values and informal activities on the organizational environment is known as the:
a. Leadership climate b. Formal organization c. Organizational culture d. Learning climate
Which of the following statements is true?
A) Law is made by judges. B) Law is made by legislatures and Parliament. C) Law is made by Law Reform Commissions. D) Both A and B E) All of the above