Business, 29.11.2019 02:31 aeshaalhemri
Hexaco corp. exchanged a piece of land that was being held for investment purposes for an oil rig that it will use in its drilling operations. the land hada carrying value of $230,000 and a fair value of $250,000 on the date of the exchange. the oil rig received in exchange had a fair value of $200,000and, as a result, hexaco received an additional $50,000 in cash in the transaction. how much gain, if any, will hexaco recognize on the exchange?
a. $50,000.
b. $20,000.
c. $4,000.
d. $0
Answers: 2
Another question on Business
Business, 22.06.2019 02:30
Based on the supply and demand theory, why do medical doctors earn higher wages than child-care workers?
Answers: 1
Business, 22.06.2019 07:30
Why has the free enterprise system been modified to include some government intervention?
Answers: 1
Business, 22.06.2019 20:30
The research of robert siegler and eric jenkins on the development of the counting-on strategy is an example of design.
Answers: 3
Business, 23.06.2019 12:00
Prepare a 250-500-word response to mrs. turner's questions about predicting final scores, statistical significance, and whether a store location should be closed based on the data provided. explain your approach and the rationale for this method. evaluate the outcomes of your regression model and the responses to mrs. turner's questions.
Answers: 3
You know the right answer?
Hexaco corp. exchanged a piece of land that was being held for investment purposes for an oil rig th...
Questions
Mathematics, 25.09.2019 00:30
Mathematics, 25.09.2019 00:30
History, 25.09.2019 00:30
Social Studies, 25.09.2019 00:30
Mathematics, 25.09.2019 00:30
Mathematics, 25.09.2019 00:30
Mathematics, 25.09.2019 00:30
Social Studies, 25.09.2019 00:30
Biology, 25.09.2019 00:30
History, 25.09.2019 00:30
Chemistry, 25.09.2019 00:30
