Answer:
option (b) $35,556
Explanation:
Given:
Cost of purchase of assets = $200,000
Asset Adjusted Basis Fair Market Value
Inventory $25,000 $50,000
Equipment $60,000 $40,000
Supplies $20,000 $20,000
Building $80,000 $95,000
Land $10,000 $20,000
Total $195,000 $225,000
Now,
since, fair market value is greater than Basis,
Percentage FMV on Equipment =
⇒ Percentage FMV on Equipment = 
= 17.77%
thus,
Nanci's basis in the equipment = Percentage FMV × Assets
= 17.77% × $200,000
= $35,555.56 ≈ $35,556
Hence,
The correct answer is option (b) $35,556
<u>Answer:</u>
<em>Separation in promoting</em> means making specific items that increase upper hand with a specific section of the market. Organizations can browse two unique procedures: <em>separation, and separation centre. </em>
The previous includes particular angles with a wide intrigue to its<em> items or administrations</em>, and the last builds up an item that interests to a speciality showcase. In either case, separation makes an <em>item or administration </em>progressively attractive to the <em>objective market.</em>
Answer:
Option d: Not recorded in the journal or posted to the ledger
Explanation:
The indirect method of statement of cash flows presentation initially starts with net income or loss and there is always anadditions to or deductions from that amount for the items which are a non-cash revenue and expense items. This usually leads to a cash flow that emanated from operating activities.The method as used for the preparation of the statement of cash flows also can be said to entails detailed analysis of net income along withchanges in balance sheet accounts thereby leading to the amount of cash gotten by operating activities.
Answer:
Marketing is essentially developing the right product and convincing potential customers that they "need" it, not just "want" it is the correct answer.
Explanation:
