National income accountants can avoid multiple counting by.

In the current year, Dove Corporation (E & P of $1 million) distributes all of its property in a complete liquidation. Alexa

Mila [183]

Answer:

Alexandra took the land subject to the $100,000 liability. Therefore the Alexandra’s basis in the land is $200,000.

Explanation:

in the current scenario "Dove Corporation distributes all of its property in a complete liquidation. Alexandra, a shareholder, receives land having a fair market value of $200,000". Thus, the Basis of property received in a complete liquidation is the property's fair market value on the date of distribution, or %200,000

4 0

3 years ago

Read 2 more answers

Larry manages a grocery store in a country experiencing a high rate of inflation. To keep up with inflation, he spends a lot of

salantis [7]

Answer:

menu costs of inflation

Explanation:

Menu costs of inflation refer to the costs of having to modify the prices as a result of the frequent change in the price levels of the products that force businesses to make constant updates on their sales prices. According to this, the answer is that this is an example of menu costs of inflation as the grocery store has to update the prices of the products frequently because of the high rate of inflation.

6 0

4 years ago

Given the following historical demand, what is the weighted moving average forecast (0.4, 0.3, 0.3) for Week 6?

Roman55 [17]

Answer:

The correct option is B. 9200.

Explanation:

This can simply be answered as follows:

$F_{6} =(D_{5}*W_{5})+(D_{4}*W_{4})+(D_{3}*W_{3})$ .................. (1)

Where:

$F_{6}$ = Weighted moving average forecast (0.4, 0.3, 0.3) for Week 6 = ?

$D_{5}$ = Week 5 demand = 11,000

$D_{4}$ = Week 4 demand = 9,000

$D_{3}$ = Week 3 demand = 7,000

The (0.4, 0.3, 0.3) implies that:

$W_{5}$ = Weight of Week 5 demand = 0.4

$W_{4}$ = Weight of Week 4 demand = 0.3

$W_{3}$ = Weight of Week 3 demand = 0.3

Substituting all the relevant values into equation (1), we have:

$F_{6}$ = (11,000 * 0.40) + (9,000 * 0.30) + (7,000 * 0.30) = 9,200

Therefore, the correct option is B. 9200.

7 0

3 years ago

the graph to the right depicts the per unit cost curves and demand curve facing a shirt manufacturer in a competitive industry 2

natulia [17]

The firm will exit or leave the industry as its not making any profits.

<h3><u>CALCULATION OF THE PROFITS</u></h3>

According to the Question,

The firm produces at P = MC

Where we know,

Q = 55 units

P = $4.78

ATC or Average Total Cost = 6.76

AVC or Average Valuable Cost = 3

P > AVC so the firm produces to minimize losses at the MC = P.

Profit = ( P - ATC ) × Q

=( 4.78 - 6.76 ) × 55

= - 108.9

The profit is - 108.9 dollars per minute.

As the firm in the industry is making losses ( a negative profit ) so it will exit the industry in the long run.

To know more about competitive firms, check the given link.

brainly.com/question/28104159

#SPJ4

8 0

2 years ago

Freytag Corporation's variable overhead is applied on the basis of direct labor-hours. The company has established the following

Serjik [45]

Answer:

a. -$783 Unfavorable

b. 550 Favorable

Explanation:

a. The computation of Variable Overhead Rate Variance is shown below:-

Variable Overhead Rate Variance = Actual hours × (Standard Variable Overhead rate per hour - Actual Variable Overhead rate per hour)

= 8,700 × ($4.10 - ($36,540 ÷ 8,700)

= 8,700 × ($4.10 - $4.19)

= 8,700 × -$0.09

= -$783 Unfavorable

b. The computation of Variable Overhead Efficiency Variance is shown below:-

Variable Overhead Efficiency Variance = Standard Variable Overhead Rate per Hour × (Standard Hours for Actual Production - Actual Hours)

= 5.5 × ((5.5 × 1,600) - 8,700)

= 5.5 × (8,800 - 8,700)

= 5.5 × 100

= 550 Favorable

5 0

3 years ago