Answer:
$20000 gain for John Corporation and $10000 loss for Bass Corporation.
Explanation:
John Corporation gain(loss) = FMV of property - Liability assumed - Stock basis
= 55000-10000-25000
= 20000
Bass Corporation gain/loss = 55000-65000
= - 10000
Therefore, $20000 gain for John Corporation and $10000 loss for Bass Corporation.
Answer:
the correct answer is D
Explanation:
Test marketing is a process used to test consumer reactions about a product among potential users.
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Frequently, you’ll hear people say that “retirement age” is 65. What are they referring to? People who say this are referring to the age in which you can receive your full Social Security retirement benefits. At different ages starting at age 62, you are eligible to receive a percentage of the benefits, once you hit 65, you can receive your full percentage/allotted amount.
Answer:
The answer is: Longer lead times and they can be inventoried.
Explanation:
Physical goods or products usually have longer lead times than services (although not necessarily) but the main difference between them is that they can be inventoried.
For example, a company that produces chairs can produce chairs during the week and then store them in a warehouse. But if a hotel only rents 30 of its 50 available rooms today, it cannot rent 80 rooms tomorrow, only 50. A service by definition cannot be inventoried, or stored for later use.