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Wittaler [7]
3 years ago
6

Darla owns a dress shop called Darla's Darling Dresses. During the past year, Darla sold some assets to upgrade her facility. Sh

e sold racks and shelving units for $600 cash. In addition to the cash, the buyer gave two mannequins worth a total of $200 to Darla. The racks and shelving units had an original cost of $2,500 and had accumulated depreciation for tax purposes of $2,200. Darla's amount realized on the sale is $ and the adjusted basis in the assets sold is
Business
1 answer:
Alexxx [7]3 years ago
8 0

Answer:

Darla's amount realized on the sale is $800

Adjusted basis in the assets sold is $300

Producing a realized gain on the sale of $500

Explanation:

Amount realized = cash received + FMV of other property + buyer’s assumption of seller’s liabilities – seller’s expenses

Amount realized = 600 + 200 + 0 -0

= $800

Adjusted basis = initial basis – cost recovery deductions

Adjusted basis = 2500-2200 = $300

Gain or loss realized = amount realized – adjusted basis = 800-300

= $500

Therefore Darla's amount realized on the sale is $800 and the adjusted basis in the assets sold is $300, producing a realized gain on the sale of $500

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In the context of robert merton's strain theory of deviance, _____ is a mode of adaptation in which people do not expect to be r
NeTakaya

Answer:

Ritualism

Explanation:

In this passage the term being mentioned is called Ritualism. This is a concept of Merton's Strain theory of deviance, that refers to the daily rituals that individuals experience every day throughout their lives even though they may not accept the values that are part of those daily tasks. This can be seen in students, as they go to school daily, not to get rich, but to be able to obtain and keep a job in order to survive.

7 0
3 years ago
Pls help!!! will give brainly!!!
enyata [817]

Answer:

I believe this would be in the Engineering and technology pathway.

Explanation:

Examples of someone in a engineering and technology pathway are people like Biomedical engineers so it makes sense!

6 0
2 years ago
When responding to behavioral interview questions, you should briefly explain the situation and describe the problem or task, yo
Anettt [7]

Answer:

The correct answer is the first option: True.

Explanation:

To begin with, <em>behavioral interview question</em> is the name that receives the type of questions done by an employer in an interview job with the <em>focus on the interviewee's past and experience</em>. Moreover, the principle purpose of this type of questions it to understand and <em>comprehend how the person responsed in certain situations and how he handled those situations</em>. Therefore that it is understandable that when a person is asked these type of questions then he must try to briefly explain what the situation was and how he managed to handle the problem and main task to resolve at the time.

6 0
2 years ago
"Tiberend, Inc., sold $150,000 in inventory to Schilling Company during 2017 for $225,000. Schilling resold $105,000 of this mer
Mkey [24]

Answer:

$9900

Explanation:

Given:

  • Inventory value $150,000
  • Revenue: $225,000
  • Schilling resold: $105,000
  • Tiberend owns 25 percent

We need to find the gross profit and its ratio.

The gross profit = Revenue - Inventory value

= $225,000 - $150,000 = $75,000

The gross profit ratio = \frac{Gross profit}{Revenue} = \frac{75,000}{225,000} = \frac{1}{3} = 33.33%

Ending inventory with schilling resold

= Revenue - schilling resold

=  $225,000 - $105,000 = $120,000

Total unrealized profit: $120,000*25% = $30,000

So, Intra entity unrealized gross profit is  

= Total unrealized profit × Tiberend ownership  intra entity unrealized gross profit is

= $30,000  × 33%

= $9900

Hope it will find you well.

7 0
3 years ago
Read 2 more answers
The Junior League of Yadkinville, California, collected recipes from members and pub- lished a cookbook entitled Food for Everyo
MaRussiya [10]

Answer:The variable cost per book is $16

Explanation:

Sale price per book = $18

Books need to sell = 2,000

Total Revenue. = $36,000

($18*2,000)

At Break Even Total Revenue = Cost + investment so total variable cost is ($36,000 - $4,000) = $32,000 and cost per book is $32,000÷2,000 = $16 per book

4 0
3 years ago
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