Answer and Explanation:
The computation is shown below:
a. The distribution of Property A would result in a recognized gain
= $182,400 - $91,200
= $91,200
b. The distribution of Property B would result in a disallowed loss is
= $182,400 - $237,120
= -$54,720
c. The sale of Property B to an unrelated party in a recognized loss is
= $182,400 - $237,120
= -$54,720
Answer:
option C
Explanation:
In simple words, refers t the written statement that depicts the availability of funds in hand for a firm and hope they are gonna use it in future. Every organisation makes a budget so that they can use their resources in the most efficient way.
Budgets are made for the upcoming period but are based on the predictions made by the management and on the basis of past experiences. Thus, budgets should be made flexible and should be distributed to all the stakeholders as the real variable might diverge from the assumed variables. However budget should be in a realistic approach as they work as a major statement for evaluation.
True
Because having inventories would mean the following:
1. Holding Inventory avoids loss of sales
2. Holding Inventory gains quantity discount
3. Holding Inventory reduces order cost 4. Achieve efficient production runs by holding inventory
5. Holding Inventory reduces risk of production shortages
The use of Flow-chart will suit Luca's requirement to know the sequence of the production process.
Flowchart is a diagram that shows the separate steps of a process in sequential order.
- This will help Luca to know the sequence of the production process and allow him to decide whether to combine or eliminate some process.
Therefore, the use of Flow-chart will suit Luca's requirement to know the sequence of the production process.
Read more about Flowchart:
<em>brainly.com/question/11306180</em>
