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Serga [27]
3 years ago
8

Andrew owns land (adjusted basis of $94,400) that he uses in his business. He exchanges the land and $47,200 in cash for a diffe

rent parcel of land worth $113,280. May Andrew avoid like-kind exchange treatment to recognize his realized loss of $10,000? Explain
Business
1 answer:
Inga [223]3 years ago
7 0

Answer:

Andrew did do a proper feasibility study about the land

Explanation: Andrew lots chunk of money  because he gave out his land half of the price he bought it initially. And bought another at a higher price

which is more than the  10,000 dollars

You might be interested in
It costs Bonita Industries $12 of variable and $5 of fixed costs to produce one bathroom scale which normally sells for $35. A f
Serga [27]

Answer:

There will be an increase of $6,200 , If the special order is accepted

Explanation:

For computing the net income effect first we have to find out the net income per scale which is a difference between offer purchase price and variable cost per unit

In mathematically,

Net income = Offer purchase price - variable cost per unit

where,

Offer purchase price is $35

And, the variable cost is $12 per unit plus it incur special shipping charges which is also a part of the variable cost.

So, total variable cost = variable cost per unit + Special shipping charges per scale

=  $12 + $1

= $13

So, Net income is

= $15 - $13

= $2 per unit

Now for producing the 3100 scales, the net income should be multiply with the production unit

= Net income × Production unit

= 3,100 × 2

= $6,200

Fixed cost is fixed whether the production level changes or not. Thus, it is not be considered.

Hence, there will be an increase of $6,200 , If the special order is accepted

6 0
3 years ago
In hospitals, dashboards are often used to display performance measures on a routine basis. What type of dashboard tracks metric
Goryan [66]

Answer:

Abstract. Admission rate and length of stay (LOS) are two hospital performance indicators that affect the quality of care, patients' satisfaction, bed turnover, and health cost expenditures. the customer service dashboard reports hospital scores on issues such as meal quality, mortality rate and percentage of transfusions having adverse reactions. FALSEA customer service dashboard provides such scoring information as percentage of patients who would recommend the hospital to others and rating of such items as inpatient parking, courtesy of staff, cleanliness, caring of staff, meal quality, follow-up education and instruction, and pain management, as well as an overall satisfaction. Mortality rate would be reported on the clinical dashboard and percentage of transfusions having adverse reactions.

Explanation:

8 0
3 years ago
If you are someone who performs services at other people’s homes, you cannot have a small business.
Gnoma [55]
The answer is false cause you cause just be doing the services for extra money or just for fun

7 0
3 years ago
A financial services firm routinely processes a large volume of account change requests. a lean six sigma team wants to understa
Inessa [10]

<u>The answer is "1920".</u>


This is how we calculate this;

time = 16 hours

normal processing rate = 2 per minute

so,

Things-in-Process (Queue) = 16 hours x (2 Items/Minute x 60 Minutes)

<u>= 1920</u>

8 0
2 years ago
A seller's broker sold a property to a buyer. Four months later, when the first rains of the season began, the buyer discovered
noname [10]

Answer:The Court considers;

1. Was the leaking roof conspicuous for anyone to see.

2. Was it inconspicuous that requires one to be informed of it's existence.

Explanation:

If (1) is the case then the buyer is responsible for the leakage for he his assumed to have noticed it but do not see it as an issue.

If (2) is the case, the broker is responsible for he his expected to have informed the buyer since the leakage is not obvious on the building

8 0
3 years ago
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