The answer to this question is that federal express has a core competence. Core competence is the main strenghts or advantages of a business or the company in order for them to become competitive in the market. The concept of Core competency was introduced by Gary Hamel and Prahalad. Core competency is what the business or company can do to their customers and their expertise that is unique that can be valued by the customers.
Answer:
For the special order the company will not incur any additional fixed cost as the special order is within the normal range of production.
Sales ( 10000 * 5 ) 50000
(-) Direct materials ( 10000 * 1.75 ) 17500
(-) Direct labor ( 10000 * 2.50 ) 25000
(-) Variable overhead ( 10000 * 1.50 ) 15000
Income / (loss) (7500)
Required 1 :
Answer : Reject
Required 2 :
Answer : Decrease by 7500
Emma and Laine form the equal EL Partnership. Emma contributes cash of $100,000. Laine contributes property with an adjusted basis of $40,000 and a fair market value of $100,000
Explanation:
As given in the question
- <u>Emma and Laine form the equal EL Partnership.</u>
- <u>Emma contributes cash of $100,000 in EL Partnership</u>
- <u>Laine contributes property with an adjusted basis of $40,000</u>
1)How much gain, if any, must Emma recognize on the transfer
<u>Ans: Neither Emma nor Laine ,none of them recognize any gain.</u>
2) What is Emma's basis in her partnership interest
<u>Ans:</u><u>Emma basis in her patnership interest is $100,000 </u>
3) What is Laine's basis in her partnership interest
<u>Ans: Laine's basis in her partnership interest is $40000</u>
4) What basis does the partnership take in the property transferred by Laine
<u>Ans: $40,000</u>
I’m pretty sure the answer is C. To cultivate responsibility in our students