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In year 1, Randy sells a parcel of land that he held as an investment for a number of years.
The land has a basis to Randy of $8,500. The buyer makes a $6,000 down payment in year 1 and will make a $7,000 payment in year 2 and a $7,000 payment in year 3. In addition, a reasonable rate of interest is charged on the year 2 and year 3 payments. How much income will Randy recognize in years 1, 2, and 3, assuming that he uses the installment method?
What is the result if Randy elects out of the installment method for this sale?
Choose one best practice from an organization or management that you are familiar with, and then whether that best practice can be implemented into the culture of a governmental entity and how it can improve service delivery to its citizens.
Describe the current status of Real GDP and unemployment rate and inflation rate.
In a multiple regression model using 310 students to explain college grade point average, the following explanatory variables are initially included in the regression: high school GPA, ACT score, number of credits completed, mother's years of educ..
What must and entrepreneur do to earn a profit? (2) How do the actions of firms earning profits influence the value of resources? (3) What happens to the value of reseources when losses are present?
Elucidate how banks and individuals can use "covered interest arbitrage" to protect themselves when they make international financial investments.
The classic prisoner's dilemma involves two suspects, A and B, who are arrested by the police. Because the police have insufficient evidence for conviction on a key charge, they place the prisoners in isolation and offer each.
Suppose that an innovative way of picking grapes is being used and is much cheaper than doing it manually. Unfortunately, it does not work for berries, which are a substitute for grapes. Explain fully what will happen to the markets for grapes, be..
Scorching heat and the worst drought in nearly a half-century are threatening to send food prices up, spooking consumers and leading to worries about global food costs. On Wednesday, the government said it expected the record-breaking.
The marginal propensity to consume equals 0.3, and the marginal propensity to import is 0.1. If Americans suddenly increase their desire for European cars and the MPm raise to 0.3,
A survey show an increase in drug use by young people. In the ensuing debate, two hypotheses are proposed: Reduced police efforts have increased the availability of drugs on the street. Cutbacks in educationefforts have decreased awareness of the dan..
The Los Angeles retail market for unleaded gasoline is fiercely value competitive. Suppose situation faced by a typical gasoline retailer when the local market price for unleaded gasoline is $2.50
explain why do companies grant discounts to senior citizens and students
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