Susan owns a car that she uses exclusively for personal purposes. its original cost was $26,000, and the fair market value is $12,000. she exchanges the car and $18,000 cash for a new car valued at $30,000. calculate susan’s realized and recognized gain or loss. calculate susan’s basis for the new car. determine when susan’s holding period for the new car begins.
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Emery pharmaceutical uses an unstable chemical compound that must be kept in an environment where both temperature and humidity can be controlled. emery uses 825 pounds per month of the chemical, estimates the holding cost to be 50% of the purchase price (because of spoilage), and estimates order costs to be $48 per order. the cost schedules of two suppliers are as follows: vendor 1 vendor 2 quantity price/lb quantity price/lb 1-499 $17 1-399 $17.10 500-999 $16.75 400-799 $16.85 1000+ $16.50 800-1199 $16.60 1200+ $16.25 (a) what is the economic order quantity for each supplier? (b) what quantity should be ordered and which supplier should be used? (c) the total cost for the most economic order sire is $
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Susan owns a car that she uses exclusively for personal purposes. its original cost was $26,000, and...
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