subject
Business, 20.12.2019 03:31 kcouch2006

Alex wrecked his car on the way to work. his basis in the car was $20,000. he received $22,000 from the insurance company to replace the car. he only spent $15,000 on a replacement vehicle. what is the amount of the recognized gain?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 00:20
Suppose that the world price of steel is $100 a ton, india does not trade internationally, and the equilibrium price of steel in india is $60 a ton. suppose that india now begins to trade internationally. the price of steel in india the quantity of steel produced in india a. does not change; does not change b. falls; increases c. falls; decreases d. rises; decreases e. rises; increases the quantity of steel bought by india india steel. a. increases; exports b. decreases; imports c. decreases; exports d. does not change; neither imports nor exports e. increases; imports
Answers: 2
question
Business, 22.06.2019 04:30
4. the condition requires that only one of the selected criteria be true for a record to be displayed.
Answers: 1
question
Business, 22.06.2019 08:30
Most angel investors expect a return on investment of question options: 20% to 25% over 5 years. 15% to 20% over 5 years. 75% over 10 years. 100% over 5 years.
Answers: 1
question
Business, 22.06.2019 11:00
While on vacation in las vegas jennifer, who is from utah, wins a progressive jackpot playing cards worth $15,875 at the casino royale. what implication does she encounter when she goes to collect her prize?
Answers: 1
You know the right answer?
Alex wrecked his car on the way to work. his basis in the car was $20,000. he received $22,000 from...
Questions
question
Mathematics, 17.10.2019 08:30
question
Chemistry, 17.10.2019 08:30
question
Social Studies, 17.10.2019 08:30