Samson corporation sold the following during the year: two delivery trucks purchased in march 2016 for $78,000 are sold in june for $70,000 land used for storage for 5 years sold for $400,000 that had a basis of $80,000 machines with a basis of $200,000 are sold for $75,000 to obtain newer models. a building purchased 8 years ago for $350,000 is sold for $425,000 with an adjusted basis of $300,000 due to depreciation. what is the character and amount of gain or loss recognized? put your response in excel.
Answers: 3
Business, 22.06.2019 10:30, karnun1201
Perez, inc., applies the equity method for its 25 percent investment in senior, inc. during 2018, perez sold goods with a 40 percent gross profit to senior, which sold all of these goods in 2018. how should perez report the effect of the intra-entity sale on its 2018 income statement?
Answers: 2
Business, 22.06.2019 13:00, notorius315
The green revolution is a scientific breakthrough that improved seeds for basic crops. how did the green revolution impact the supply of basic crops such as wheat and corn? the supply of wheat and corn increased. there was no impact on the supply of basic crops. the supply of basic crops did not change, but the quantity supplied of basic crops increased. the supply of wheat and corn decreased.
Answers: 3
Business, 22.06.2019 20:50, JasJackson
Barbara flynn is in charge of maintaining hospital supplies at general hospital. during the past year, the mean lead time demand for bandage bx-5 was 65 (and was normally distributed). furthermore, the standard deviation for bx-5 was 6. ms. flynn would like to maintain a 90% service level. refer to the standard normal table for z-values. a) what safety stock level do you recommend for bx-5? safety stock=)what is the appropriate reorder point? reorder point=
Answers: 1
Samson corporation sold the following during the year: two delivery trucks purchased in march 2016...
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