The tax treatment regarding the sale of existing assets that are sold for more than the original purchase price results in ________

A) an ordinary tax benefit
B) no tax benefit or liability
C) a recaptured depreciation taxed as ordinary income
D) a capital gain tax liability


D

Business

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Answer the following statements true (T) or false (F)

1. The idea is created in the first step of the innovation process. 2. In the implementation and diffusion stage of the innovation process, advantages and disadvantages are associated with the innovation. 3. Organizational structure innovation is the introduction of new or improved operational and work methods while process Innovation is the introduction or modification of work assignments, authority relationships, and communication and reward systems. 4. Exploitative innovation focuses on the enhancement and reuse of existing products and processes.

Business

The best way to study the relationship of the components within a financial statement is to prepare

A) ratio analysis. B) common size statements. C) a trend analysis. D) profitability analysis.

Business

Which of the following is the correct abbreviation for Doctor of Philosophy?

A) PhD B) Ph.D. C) Phd.

Business

At the ________ level of moral development, a person says “It’s all about me. I’ll take advantage of you to get what I want.”

A. preconventional level B. conventional level C. postconventional level D. neoconventional level

Business