Answer:
$102,000
Explanation:
Since Brooke contributed the land, the gain realized before the land was contributed = $120,000 - $90,000 will be allocated entirely to her. She will also be allocated 40% of the gain after the contribution was made = ($150,000 - $120,000) x 40% = $30,000 x 40% = $12,000.
So the total gain recognized by Brooke will be $90,000 + $12,000 = $102,000.
Partnerships are pass through entities, the partners are taxed, not the partnership itself.
The AICPA Guide Audit Sampling portrays two worthy strategies for anticipating the measure of error found in a none factual specimen, apportion projection and distinction projection. Proportion projection decides the measure of error by isolating the measure of misquoting by the level of the dollars of the populace incorporated into the specimen.
Answer:
Explanation:
Just in time or JIT is an inventory management strategy that aims at availing goods or raw materials when they are needed for production. JIT aligns materials delivery schedules with the production timetable. This strategy increases efficiency and reduces wastage by ordering goods only when they are required.
For just in time strategy to be successful, a business must have reliable suppliers. Purchasing inventory in bulk holds a lot of capital. By implementing JIT, a company will manage its cash flow better. JIT helps reduces wastage as items stored in bulk are likely to get damaged or lost.
H&M has adopted a Just in time inventory management strategy due to the low level of merchandise held. Frequent ordering suggests that the orders are based on requirements. H&M must be keen on its order management strategy to avoids the risks of frequent stock-outs.
Answer:
articles
reports
books
brochures
Explanation:
A word is a processing software in which we can make the best use to prepare articles, reports, books or booklets, brochuers, etc. It is best for editing the documents
There are various features in a word through we can make these things as discussed above
For making the spreadsheet we use the excel and for making the presentations we use power point
Therefore these two would not come under the word processor
Hence, the first four options are correct