Business, 12.12.2019 02:31 desteyness8178
Prater inc. enters into an exchange in which it gives up its warehouse on 10 acres of land and receives a tract of land. a summary of the exchange is as follows: transferred fmv original basis accumulated depreciation warehouse $ 400,000 $ 315,000 $50,000 land 80,500 80,500 mortgage on warehouse 40,750 cash 31,750 31,750 assets received fmv land $471,500 what is prater’s realized and recognized gain on the exchange and its basis in the assets it received in the exchange?
Answers: 2
Business, 21.06.2019 23:30
Actual usage for the year by the marketing department was 70,000 copies and by the operations department was 330,000 copies. if a dual-rate cost-allocation method is used, what amount of copying facility costs will be budgeted for the operations department?
Answers: 2
Business, 22.06.2019 10:30
How are interest rates calculated by financial institutions? financial institutions generally calculate interest as (1) interest or (.
Answers: 1
Business, 22.06.2019 11:30
12. to produce a textured purée, you would use a/an a. food processor. b. wide-mesh sieve. c. immersion blender d. food mill. student a incorrect which is correct answer?
Answers: 2
Business, 22.06.2019 13:40
The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east west sales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 ) the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss)
Answers: 1
Prater inc. enters into an exchange in which it gives up its warehouse on 10 acres of land and recei...
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