On july 25 of this year, taylor sold land with a cost of $15,000 for $40,000. taylor collected $20,000 this year and is scheduled to receive $5,000 each year for four years starting next year plus an acceptable rate of interest. taylor's gain recognized this year is:

$12,500

Explanation:

In this question, first, we have to determine the gain on sale of land then we have to do proportionately which is shown below:

Gain on sale of the asset

= Sale price of land - the cost of land

= $40,000 - $15,000

= $25,000

Now the proportionate amount would be

= Gain × collected amount this year ÷ sale price

= $25,000 × $20,000 ÷ $40,000

= $12,500

All other information which is given is not relevant. Hence, ignored it

in 2001, dell computer became the world’s largest personal computer vendor, continuing to

gain market share and post profits in an industry struggling with slumping sales and billions of

dollars in losses. dell sells 90% of its pcs directly to the final customer, largely bypassing the

reseller channel that accounts for most of the world’s pc sales. this direct customer relationship

is the key to dell’s business model, and provides distinct advantages over the indirect sales

model. dell’s direct relationship with the customer allows it to tailor its offerings to customer

needs, offer add-on products and services, and use the internet to offer a variety of customer

services. in addition, dell’s pcs are built to customers’ specifications upon receipt of an order,

giving dell additional advantages over indirect pc vendors who must try to forecast demand and

ship products based on those forecasts. dell’s direct sales and build-to-order model has achieved

superior performance in the pc industry in terms of inventory turnover, reduced overhead, cash

conversion, and return on investment (kraemer, et al., 2000).

explanation:

this business is a price setter.

hope this