Answer:
Vanessa's tax basis in cook inc. $50,000
Explanation:
Given:
Cash = $20,000
Fair market value = $100,000
Adjusted basis = $40,000
Mortgage executed = $30,000
Now,
For the tax basis
cash $30,000
add; Land ( adjusted basis ) $40,000
less ; Mortgage $20,000
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Vanessa's tax basis in cook inc. $50,000
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Answer:
False
Explanation:
Retained earnings have no flotation costs, but have opportunity costs. For example, if companies distribute the earnings to shareholders, shareholders can invest the funds in alternative sources for returns.
Answer:
40%
Explanation:
For computing the manufacturing cycle efficiency, first we have to compute the throughput time which is shown below:
Throughput time = Process time + Inspection time + Move time + Queue time
= 6 + 0.6 + 0.4 + 8
= 15
Now
Manufacturing cycle efficiency (MCE) is
= Value added time (process time) ÷ Throughput time
= 6 ÷ 15
= 40%
We simply applied the above formulas so that the manufacturing cycle efficiency (MCE) could come