Sanjay exchanges a warehouse he uses in his rental business for a building owned by sidney which he will use in his rental business. the adjusted basis of sanjay's building is $320,000 and the fair market value is $500,000. the adjusted basis of sidney's warehouse is $160,000 and the fair market value is $500,000. which of the following statements is correct?

a) sanjay‘s recognized gain is $0 and his basis for the warehouse received is $500,000.
b) sanjay‘s recognized gain is $180,000 and his basis for the warehouse received is $500,000.
c) sanjay‘s recognized gain is $0 and his basis for the warehouse received is $320,000.
d) sanj ay‘s recognized gain is $180,000 and his basis for the warehouse received is

•broussard skateboard’s sales are expected to increase by 15% from $8 million in 2016 to $9.2 million in 2017. its assets totaled $5 million at the end of 2016. broussard is already at full capacity, so its assets must grow at the same rate as projected sales. at the end of 2016, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. the after-tax profit margin is forecasted to be 6%, and the forecasted payout ratio is 40%. use the afn equation to forecast broussard’s additional funds needed for the coming year

Which of the following is not a personality trait? sincerity word processing punctuality laziness

The production manager of rordan corporation has submitted the following quarterly production forecast for the upcoming fiscal year: 1st quarter 2nd quarter 3rd quarter 4th quarter units to be produced 10,800 8,500 7,100 11,200 each unit requires 0.25 direct labor-hours, and direct laborers are paid $20.00 per hour. required: 1. prepare the company’s direct labor budget for the upcoming fiscal year. assume that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced. 2. prepare the company’s direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is not adjusted each quarter. instead, assume that the company’s direct labor workforce consists of permanent employees who are guaranteed to be paid for at least 2,500 hours of work each quarter. if the number of required direct labor-hours is less than this number, the workers are paid for 2,500 hours anyway. any hours worked in excess of 2,500 hours in a quarter are paid at the rate of 1.5 times the normal hourly rate for direct labor.