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Smith, who is a civil engineer, purchased a 30-hectare block of land in Australia in 1986 and used two hectares of it as a main residence. The part that was not main residence cost $600000. In March 2011, Smith decided to conduct the business of land development with respect to the 28hectares. From that date he was involved in the grading clearance, planning and financing of the development. On 1 March 2011, the land had a market value of $2 million. When the land is developed and subdivided Smith thinks he can sell it for a total of $10 million. Requirements:
a) Advise Smith as to the tax consequences of his actions.
b) Would you advice differ if Smith had purchased the land in 1980?
Q. What are the tradeoffs concerned in rereading code pages from the file system versus using swap space to store them? Answer: If codes pages are accumulate in swap space th
Define a linker program A linker program links the program along with other programs required for its execution.
Gopher Gallery consists of a shopping mall and a cart ride that covers the 150 acre habitat. There are m visitors and n single-person vehicles. Visitors stroll around the mall at
a) The barber shop has one barber, one barber chair, and n chairs for waiting customers, to sit on. If there are no customers present, the barber sits down in the barber chair and
Explain the ScheduleWorkToDo Function used in Netware ScheduleWorkToDo(MyThread Function, arg, workToDo) The ScheduleWorkToDo ( ) function is specific to NetWare 4.0. This c
EXPLAIN EMBEDDED SYSTEM
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What do you mean by first fit? First fit allocates the first hole that is big sufficient .Searching can either start at the starting of the set of holes or where the previous f
Q. Name two differences between logical and physical addresses? Answer: A logical address doesn't refer to an actual existing address rather it refers to an abstract address in
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