Answer:
Walter's recognized gain is $2,000
Explanation:
Walter's gain/loss = cash distribution - basis in the partnership = $18,000 - $16,000 = $2,000
A partner (Walter) does not have to recognize income on a non-liquidating partnership distribution of property other than money. This land distribution must be treated as a sale and recorded at fair market value.
Answer:
The correct answer is: Materials Price Variance: Production Manager
Materials Quantity Variance: Purchasing Agent
Explanation:
The production manager had to buy the materials that are commonly used, as this is an item of great importance in the process of converting the materials, since otherwise there is a risk of becoming waste due to their quality. In the case of the variation presented, each manager or person in charge of the area must supervise that the measurements are well calculated, and that the aspects related to the direct process must be effectively ensured for the good of the operation.
The correct answer is demoralize employees.
When a manager is conducting an employee’s negative performance review they need to accompany it with measurable and realistic goals. An employee needs to be given realistic goals to achieve so that they know how they can earn an acceptable review. A negative performance review without measurable and realistic goals will demoralize employees.
Answer:
flow across national borders
Explanation:
The globalization is the process in which the company is able to deal with the other companies internationally or operating the activities of the company as on international trade to expand their business
According to the given situation, the globalization stated the processes in which the goods, services, capital, and other things are flow across the national borders
Hence, the fourth option is correct
Answer: Liquidation value
Explanation:
The liquidation value is one of the type of physical assets of an organization and the business value, real estate firms, directories and the equipment are refers as the liquidation value that helps in evaluating the overall worth of the firm.
This organizational value is lower as compared to the market value and it has less time for selling the products in the open market.
According to the given question, the liquidation value is refers as the actual amount of the stockholder expected value value in the market. Therefore, Liquidation value is the correct answer.
