Answer:
Correct option is C.
<u>$50,000</u>
Explanation:
Alpha's basis in the building is equal to the adjusted basis of the building.
30% of $150,000= $50,000
and the Adjusted basis= $50,000(given)
O think is c, but I think I’m not sure
Answer:
The corresponding budgets in column B from which dollar amounts are transferred directly is paired correctly with the budgets listed in Column A.
as shown in the explanation section below
Explanation:
Solution
Given that
COLUMN A COLUMN B
1.Budgeted Income statement – (e)Sales Budget
2.Budgeted Balance sheet – (d)Payables Budget
3.Flow Cash Budget – (a)Direct materials budget
4. cost of goods sold – (b)cost of goods sold Budget
5.production Budget – (c)production Budget
Note: This is the complete question to this example.
Complete question
Identify the budgets in Column B from which dollar amounts are transferred directly in constructing the budgets listed in Column A.
Column A
1. Budgeted income statement
2. Budgeted balance sheet
3. Cash flow budget
4. Cost of goods sold budget
5. Production budget
Column B
a. Direct materials budget
b. Cost of goods sold budget
c. Production budget
d. Payables budget
e. Sales budget
f. Budgeted income statement
Retail distribution
The illegal drug business or trade primarily consists of the cultivation, manufacture, distribution and sales of prohibited drugs.
Cultivation and manufacture involves planting and harvesting prohibited drugs from plant sources (e.g. opium or marijuana) and processing the plant raw materials to produce the final product. For synthetic drugs, manufacture entails securing (sometimes by importation) of the chemicals required for the production of a certain drug (e.g. methamphetamine). Importation of the raw materials or final products might also be necessary to meet the demands.
With the final product at hand, the next step is to distribute and sell the drugs -- wholesale or retail. Wholesale distribution and sales involve large amounts (in bulk) of the illegal drugs while retail involves smaller amounts.
