Aqua corporation purchases nonresidential real property on may 8, 2015, for $1,000,000. straight-line cost recovery is taken in the amount of $89,765 before the property is sold on november 30, 2018, for $1,500,000 a. compute the amount of aqua's recognized gain on the sale of the realty 17,953 x feedback check my work section 1250 property consists of real property that is not section 1245 property, generally buildings and their structu when section 1250 property is sold there is a possibility of section 1250 depreciation recapture. b. determine the amount of the recognized gain that is treated as § 1231 gain and the amount that is treated as § 1250 recapture due to § 291. s 1231 gain 71,812 x § 1250 recapture due to § 291

The face of a company is often that of the lowest paid employees who meet the customers. select one: true false

1. which one of the following would be an example of a supply-side market failure? a. a gas station is slowly leaking diesel fuel from its underground tanks, and after the leak is discovered, the business immediately cleans up the pollution at its own expense. b. a gas station is slowly leaking diesel fuel from its underground tanks, but the state uses taxpayer money to clean up the pollution rather than requiring the business to pay. c. your business wants to attract repeat customers by putting on a customer-appreciation picnic at a public park, but you decide not to because you couldn't prevent noncustomers from consuming the food and entertainment you provided. d. everyone rushes to the local retail outlet at midnight on the day of the release of a new video game console, and the store runs out before everyone is able to buy one.

For 2016, gourmet kitchen products reported $22 million of sales and $19 million of operating costs (including depreciation). the company has $15 million of total invested capital. its after-tax cost of capital is 10%, and its federal-plus-state income tax rate was 36%. what was the firm’s economic value added (eva), that is, how much value did management add to stockholders’ wealth during 2016?