Pierre Sold a Parcel of Land for $50,000

question 74

Multiple Choice

Pierre sold a parcel of land for $50,000.He received $10,000 this year and signs a contract to receive four additional payments of $10,000 each plus interest.If Pierre had a basis in the land of $10,000 and incurred $2,500 in selling expenses,what is his gross profit percentage?

• A)10%.
• B)25%.
• C)75%.
• D)100%.

Draw the structure of specified carboxylic acids and their derivatives.

Understand the physical properties of carboxylic acids and their relationship to molecular structure.

Name compounds based on IUPAC nomenclature for carboxylic acids and their derivatives.

Understand and explain the factors affecting the boiling points of carboxylic acids.