Answer:
a. Amount realized $175,000
Less: Adjusted basis <u>($35,000)</u>
Realized gain <u>$140,000</u>
Recognized gain $0
Observation: What Ed believe is that the exchange could qualify as section 0131 postponement treatment
b. Amount realized $175,000
Less: Adjusted basis <u>($175,000)</u>
Realized gain <u>$0</u>
Recognized gain $ -
Exchange for the land is $175,000
c. One can determine if it is recognized gain if the figure is positive and if the figure turns negative (i.e -$2,000) then, that is recognized loss.
Answer:
absorption costing net operating income = $106400
Explanation:
Manufacturing overhead in inventory = Fixed manufacturing overhead in ending inventory - Fixed manufacturing overhead in beginning inventory
Since the fixed overhead cost was $4 for both unit in beginning and in ending inventory
$4 per unit × (−2,300) = −$9200
Variable costing net operating income = $115600
subtract fixed manufacturing overhead costs released from inventory
(9200 ) from Variable costing net operating income
Absorption costing net operating income = Variable costing net operating income - fixed manufacturing overhead costs released from inventory
Absorption costing net operating income = 115600 - 9200 = $106400
The United States Department of Housing and Urban Development stands as one of the executive departments of the U.S. federal government. It allocates federal housing and urban development rules.
<h3>What is Housing and Urban Development?</h3>
The Department of Housing and Urban Development (HUD) exists responsible for national policy and schedules that address America's housing conditions, that enhance and develop the Nation's communities, and enforce fair housing regulations.
HUD's mission exists to construct strong, sustainable, inclusive communities and quality affordable houses for all. HUD's vision exists to improve lives and strengthen communities to deliver on America's dreams. The dimensions and diversity of HUD's programs reminisce the core values at HUD.
The U.S. Department of Housing and Urban Development was started on September 9, 1965, to permit the federal government to tackle urban issues including substandard and deteriorating housing in a coordinated manner. As part of an initiative started under President John.
The United States Department of Housing and Urban Development stands as one of the executive departments of the U.S. federal government. It allocates federal housing and urban development rules
To learn more about Housing and Urban Development refer to:
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Marketers are viewing information not only as an input for making better decisions but also as a(n) ______________.
Important strategic asset and marketing tool
A visa. You have to have a visa as an immigrant to work in America.