Register
Suppose that you purchased a machine several years ago for your company. You recently sold the machine for more than you paid. This is an example of a Question 24 options: capital carry-forward. non-taxable
107k views
18 votes
Suppose that you purchased a machine several years ago for your company. You recently sold the machine for more than you paid. This is an example of a Question 24 options: capital carry-forward. non-taxable gain. capital gain. windfall. None of these.

User Hamid Goodarzi
by
3.2k points

1 Answer

7 votes

Answer:

I believe its Capital carry-forward

Step-by-step explanation:

The other options don't make sense

User Paritosh Ahuja
by
3.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.4m questions

4.3m answers

Other Questions

How can expansionary​ expenditure-based fiscal policy lead to crowding out in the​ economy? A. ​Expenditure-based fiscal policy increases the national​ debt, inducing​ forward-looking households and firms
In order to attract younger customers to the Lacoste brand of clothing, CEO Robert Siegel made all of the major decisions in product planning, distribution, and promotion. He asked for no input from his
The method of appraisal in which the appraiser estimates the replacement cost of the building, deducts depreciation, and adds the value of the site is:________
The Yum and Yee food truck near the business school serves customers during lunch hour by taking orders and making fresh batches of stir-fry. Customers have only one choice during the lunch hour so that
Robusta Coffee Importers sold 7000 units in October at a sales price of $45 per unit. The variable cost is $20 per unit. The monthly fixed costs are $8000. Using the contribution income statement format,
Link Copied!