The tax concept and economic concept of income are in agreement on which of the following:
a...
The tax concept and economic concept of income are in agreement on which of the following:
a. rent income for 2020 collected in 2019 is income for 2019.
b. the increase in value of assets held for the entire year should be included in income for the year.
c. the fair rental value of an owner-occupied home should be included in income.
d. all of these choices are correct.
Answers: 3
Business, 21.06.2019 13:40, jeremiah1212
Aztic inc., a manufacturer of sports goods, plans to expand its operations to various other countries. during market research, it avoids countries where the dominant population is mostly rural. in this case, aztic inc. is assessing the of the countries
Answers: 1
Business, 21.06.2019 20:30, vlactawhalm29
Andrew cooper decides to become a part owner of a corporation. as a part owner, he expects to receive a profit as payment because he has assumed the risk of - serious inflation eroding the purchasing power of his investment.- being paid before the suppliers and employees are paid.- losing his home, car, and life savings.- losing the money he has invested in the corporation and not receiving profits.- the company giving all of the profits to local communities
Answers: 2