The cycle time of this process for the firm is 2.89.
<h3>What is a Cycle Time?</h3>
This refers to the average time between the start of production of one unit and the start of production of the next unit of production
Cycle Time = Net time available to work / Customer demand
Cycle Time = 1.1 + 1.5 / 0.9
Cycle Time = 2.88888888889
Cycle Time = 2.89.
Therefore, the cycle time of this process for the firm is 2.89.
Read more about cycle time
<em>brainly.com/question/18802868</em>
#SPJ1
Answer:
C. Nicholas is not required to recognize gross income, but must reduce his cost basis in the land to $130,000
Explanation: