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Talja [164]
1 year ago
6

What amount of gain or loss does bli recognize if the transaction is structured as a direct asset sale to amy and brian? what am

ount of corporate-level tax does bli pay as a result of the transaction
Business
1 answer:
Reptile [31]1 year ago
4 0

The amount of gain or loss does bli recognize if the transaction is structured as a direct asset sale to amy and brian

Net cash received by Ernesto = 590300-108675 = 481625

Gain or loss recognized = 481625-106000 = $375625

In financial accounting, an asset is a resource owned or controlled by a company or entity. It is anything that can be used to create positive economic value. An asset represents the value of an asset that can be converted into cash.

Examples of personal financial assets include cash and bank accounts, real estate, personal property such as furniture and vehicles, and investments such as stocks, mutual funds, and retirement benefits. Something or someone that is an asset is considered useful or helps a person or organization succeed. Our creativity in technology is our greatest asset. Plural noun. Company or personal property is anything that a person owns. [work]

Learn more about assets here

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PLEASE HELP ME!! I'LL GIVE BRAINLIEST!!!!!!!!
Alona [7]

Answer:

In her purse under her desk

Explanation:

I think that in all the other places the phone could become a distraction.

7 0
2 years ago
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The Mason Corporation budgeted overhead at $240,000 for the period for Department A based on a budgeted volume of 60,000 direct
IgorC [24]

Answer:

$8000

Explanation:

Given: Budgeted Overhead $240,000

          Budgeted Labor Hrs 60,000

          Actual Labor Hrs for Job B25 200

          Actual labor cost for B25 $2,200

          Direct Material cost for B25 $5000

Standard/ Budgeted overhead absorption rate = Budgeted Overheads/ Budgeted labor hours = $240,000/60,000 = $4 per labor hours

Budgeted overheads for actual 200 labor hours = 200 × $4 = $800

Labor cost and material cost incurred for Job B25 = $2200 + $5000 = $7200

Add: Budgeted overhead cost for 200 labor hours = $800

Cost of Job B25 = $7200 + $800 = $8000

4 0
3 years ago
The opportunity cost of an action: Group of answer choices can be determined by considering both the benefits that flow from as
joja [24]

Answer:

The action of opportunity cost is that is the subjective measurement which could be determined only through the individual, who selects the action.

Explanation:

Opportunity cost is the cost or an expense or the value of the next best possible thing which the person or an individual gave up whenever make or take a decision.

In short, it is the loss of the gain that is potential from the other alternatives which are available when an individual or person selects the alternative.

Therefore, the action of the opportunity cost is the cost which is the subjective measure, that could be determined only through individual, who selects the action.

3 0
3 years ago
Coca-Cola implemented enterprise software from Oracle that enabled it to achieve all of the following except: standardizing busi
soldi70 [24.7K]

Coca-Cola implemented enterprise software from Oracle that enabled it to achieve all of the following except reducing the number of employees. Thus the correct answer is D.

<h3>What is Oracle?</h3>

Oracle is a type of software developed as the most flexible and economical method of managing data and applications. Oracle Database created for corporate distributed systems.

The software used in coca-cola enables the organization to improve the business process with the help of standardization. It enables them to respond to market changes that took place immediately and make implementation based on current trends.

It helps them to reduce the cost of raw materials by properly bargaining with the suppliers and bringing material in an economic manner.

Therefore, option D reducing the number of employees is the appropriate option that is excluded by the software.

Learn more about software, here:

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7 0
1 year ago
Trendy Coats is looking at financials to prepare end of year reports. Actual hours used were 4,000. Standard hours allowed were
prohojiy [21]

Answer

a) $15

Explanation:

We will use the formula for Total labor variance to arrive at Standard rate.

Total labor variance = (Actual hours × Actual rate) - (Standard hours × Standard rate)

Substituting the data above into the formula, we'll have;

-$23,000 = (4,000 × $13) - (5,000 × SR)

-$23,000 = $52,000 - 5,000SR

Collect like terms

5,000SR = $52,000 + $23,000

5,000SR = $75,000

SR = $75,000 / 5,000

SR = $15

7 0
3 years ago
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