<u>Answer:</u>
<em>The purpose of including boot in a nontaxable exchange is to equalize the adjusted tax bases of the properties exchanged.
</em>
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<u>Explanation:</u>
A nontaxable exchange is a trade wherein you are not exhausted on any addition, and you cannot deduct any loss. On the off chance that you get property in a "nontaxable business", its premise usually is equivalent to the assumption of the property you moved. A nontaxable increase or misfortune is otherwise called an unrecognized addition or misfortune.
Answer:
DR - Interest expense - $4,400
Explanation:
DR - Interest expense - $4,400
DR - Notes payable - $10,808
CR - Bank/Cash - $15,208
<u>Answer:</u>
<em>C. By allowing members of the other culture to understand your role within their culture </em>
<u>Explanation:</u>
- <em>Look to get it. </em>
- <em>Try not to make assumptions. </em>
- <em>Keep a receptive outlook. </em>
- <em>Evade generalizations. </em>
- <em>Start with who you know. </em>
- <em>Go to multicultural systems administration occasions. </em>
- <em>Get involved. </em>
- <em>Keep your statement. </em>
- <em>
Accept positive expectation. </em>
This is the way communicators show regard and impart successfully and decidedly with individuals in different societies, By enabling individuals from the other <em>culture to comprehend your job</em> inside their way of life.
Answer:
False ( "Large lot sizes" is not considered essential for JIT )
Explanation:
Just in time is an arrangement and alignment of raw material supply with the production process of the business. It minimizes the holding cost, lead time required for delivery of raw material, the setup times and sizes of orders.
The Large lot sizes is not a characteristics of JIT because it may requires the storage facility to place the large orders until used in production which might increase the holding cost.
So, Large Lot Sizes are not considered essential for a comprehensive JIT implementation.
Answer:
(a) the cost of the goods sold for the September 30 sale and
(b) the inventory on September 30.
- Ending inventory = 9 units at $17 = $153
Explanation:
date transaction units unit price total
1 beginning inv. 23 $16 $368
5 sale -13 ($208)
17 purchase 24 $17 $408
30 sale -25 ($415)
30 ending inv. 9 $17 $153
When we use first in, first out (FIFO) inventory method, the price of the units sold are calculated using the oldest units in inventory.
The COGS of the units sold on Sept. 5 = 13 units x $16 = $208
The COGS of the units sold on Sept. 30 = (10 units x $16) + (15 units x $17) = $160 + $255 = $415
Ending inventory = 9 units at $17 = $153