Answer:
$150000
Explanation:
Solution
The first step to take is to calculate the recognized gain.
Given that:
the outside basis = $100,000
Cash =$10,000
The fair market value of the boot manufacturing company is = $260,000
Now,
The Recognized gain is stated as follows:
The Fair Market Value - (Outside Basis + Cash)
= $260000 - ($100000 + $10000)
= $260000 - $110000
= $150000
Therefore her calculated gain is $150000
Answer:
The correct answer is competitive inertia.
Explanation:
In physics the principle of inertia is studied, which is explained as "Every body that is not subjected to any force will remain at rest" or also as "The resistance of the bodies to change their state of rest or movement without the intervention of any strength". These concepts fit perfectly into the world of organizations, since these bodies can be seen as a team of people who interact with each other (work team), towards a common vision.
Competitive inertia refers to the tendency of companies to remain at rest or to continue moving in a certain strategic line unless stimulated by some external force.
Answer:
$27,400 and $59,600
Explanation:
The computation of the depreciation expense and the book value using the sum of-the-years'-digits method is shown below:
Depreciation expense is
= (Purchase cost - residual value) × useful life ÷ sum of years
= ($87,000 - $4,800) × 5 years ÷ (5 + 4 + 3 + 2 + 1)
= $27,400
And, the book value is
= Purchase cost - depreciation expense
= $87,000 - $27,400
= $59,600
Answer: B
Explanation: I am pretty sure the answer is going to B, accounting is a profession that requires a lot of math
