Answer:
a. $222,000
b. $22,000
c. $158,000
Explanation:
a. FMV of rental property = FMV of land received + Received cash
= $200,000 + $22,000
= $222,000
b. FMV of land received $200,000
Cash boot received $22,000
Less: Basis of rental property $158,000
Realized gain $64,000
Recognized gain (Boot) $22,000
this transaction qualify for a like-kind exchange under section 1031 When no gain or loss is recognized on an exchange but on Boot received. But recognized gain will be lower of boot amount of realized gain.
c. Carryover basis of original assets = FMV of rental property - Realized gain
= $222,000 - $64,000
= $158,000
Answer:
b. Lack of security in a computer system
Explanation:
For an organisation to work properly and profitably , The most important cause is the lack of security in the computer system .
As, to run an organization , there is nothing much to do with the installation of the sprinkler system or lack of tornado shelter .
Hence ,
its important to have a proper , secure computer system ,. to avoid stealing , loss of important data via computer .
Answer:
$14,400
Explanation:
The computation of the net operating income in the planning budget is shown below:
= Total revenue - total fixed cost - total variable cost
= (4,800 × $31.30) - $21,600 - (4,800 × $23.80)
= $150,240 - $21,600 - $114,240
= $14,400
When the price of a good increases, all else the same, then the consumer's total utility will decrease.
<h3>What is utility?</h3>
Utility simply means the satisfaction that's gotten when one consumes a particular product.
In this case, it should be noted that when the price of a good increases, all else the same, then the consumer's total utility will decrease. This is because less products will be bought.
Learn more about utility on:
brainly.com/question/24922430
Answer:
a. Centralized infrastructure
Explanation:
The advantage of using a centralized infrastructure for key generation it is easier to implement, back up, and recover keys
