Mrs. o is negotiating to purchase a tract of land from dc company, a calendar year taxpayer. dc bought this land six years ago for $480,000. according to a recent appraisal, the land is worth $800,000 in the current real estate market. according to dc’s director of tax, the company’s profit on the sale will be taxed at 35 percent if the sale occurs this year. however, this tax rate will definitely decrease to 21 percent if the sale occurs next year. mrs. o is aware that dc would prefer the sale close next year. however, mrs. o needs the land immediately to begin construction of a new retail outlet. she offers to pay $875,000 for the land with the stipulation that the sale close by december 31. calculate the amount of after-tax cash for the each of the following alternatives. should dc accept mrs. o’s offer

John novosel was employed by nationwide insurance company for fifteen years. novosel had been a model employee and, at the time of discharge, was a district claims manager and a candidate for the position of division claims manager. during novosel's fifteenth year of employment, nationwide circulated a memorandum requesting the participation of all employees in an effort to lobby the pennsylvania state legislature for the passage of a certain bill before the body. novosel, who had privately indicated his disagreement with nationwide's political views, refused to lend his support to the lobby, and his employment with nationwide was terminated. novosel brought two separate claims against nationwide, arguing, first, that his discharge for refusing to lobby the state legislature on behalf of nationwide constituted the tort of wrongful discharge in that it was arbitrary, malicious, and contrary to public policy. novosel also contended that nationwide breached an implied contract guaranteeing continued employment so long as his job performance was satisfactory. what decision as to each claim?

When sending a claim to an insurance company for services provided by the physician, why are both icd-10 and cpt codes required to be submitted? how are these codes dependent upon each other? what would be the result of not submitting both codes on a medical claim to an insurance company?

For the year ended december 31, a company has revenues of $323,000 and expenses of $199,000. the company paid $52,400 in dividends during the year. the balance in the retained earnings account before closing is $87,000. which of the following entries would be used to close the dividends account?