Answer:
(a) March 12, 2017
(b) Recognized gain = $15,000
(c) Adjusted basis = $450,000
(d) Recognized gain = $175,000
Mitchell basis = $625000
Explanation:
(a) March 12, 2017 is the earliest Mitchell can acquire a new restaurant and qualify for § 1033 postponement
(b) Assuming that he elects postponement of gain under § 1033, the recognized gain is calculated as;
Recognized gain = Award received - cost of land
=$625000 - $610,000
= $15,000
(c) From the question, Mitchell's adjusted basis for the new land and building is $450,000
(d) If Mitchell does not elect § 1033, his recognized gain is calculated as;
Recognized gain = Award received- adjusted basis for the building
=$625,000 - $450,000
=$175,000
Also,Mitchell basis for the new land and building is $625000
Answer:
No
Explanation:
Since in the question there is a situation given in which there is a telephonic conversation and later onwards the jewelry maker refused to accept the goods delivery or pay $65,000 as per the company
So this represents that there is no enforceable contract lies between the company and the jewelry maker as the agreement is not in writing so it would not be considered as a valid contract
hence, the answer is no
Answer:
C) Most private and public workers have the right to hold an election to choose what union they want to represent them, if any.
Explanation:
An employee is generally not required to join a union even, in most cases if a union exists and it has an agreement with the employer regarding employees joining it, the most it can do is charge everyone the union fees. This means that the employees are required to pay union fees even if they do not want to join the union. Full union membership cannot be required.
Also, employees are free to decide in an election to what union they want to belong to, or if they want to belong to any type of union at all. E.g. most of the employees from foreign car manufacturers have chosen not to join the UAW union (Toyota, Honda, Mercedes Benz, BMW, etc.).
Traditional manufacturing emphasizes all of the following except push manufacturing
In traditional manufacturing, there are four basic subtractive manufacturing processes: CNC Machining, Injection Moulding, Plastic Forming, and Plastic Joining. In contrast, 3D printing is an additive manufacturing process that builds up material layer by layer until the desired thing is formed.
A push system in manufacturing describes a business's production of items in response to anticipated demand. Making products that have a minimal likelihood of unanticipated demand changes, such as food, pharmaceuticals, household chemicals, electronics, etc., using this method is also known as "make-to-stock production."
Learn more about traditional manufacturing here brainly.com/question/15171572
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$15.00 .....this sentence is just filler because $15.00 is too short.
