Which of the following qualify as like-kind exchanges under § 1031?

a. improved for unimproved real estate.

b. vending machine (used in business) for inventory.

c. rental house for personal residence.

d. business equipment for securities.

e. warehouse for office building (both used for business).

f. truck for computer (both used in business).

g. rental house for land (both held for investment).

h. ten shares of stock in blue corporation for 10 shares of stock in red corporation.

i. office furniture for office equipment (both used in business).

j. unimproved land in jackson, mississippi, for unimproved land in toledo, spain.

k. general partnership interest for a general partnership interest

Norton manufacturing expects to produce 2,900 units in january and 3,600 units in february. norton budgets $20 per unit for direct materials. indirect materials are insignificant and not considered for budgeting purposes. the balance in the raw materials inventory account (all direct materials) on january 1 is $38,650. norton desires the ending balance in raw materials inventory to be 10% of the next month's direct materials needed for production. desired ending balance for february is $51,100. what is the cost of budgeted purchases of direct materials needed for january? $58,000 $65,200 $26,550 $25,150

1. descriptive statistics quickly describe large amounts of data can predict future stock returns with surprising accuracy statisticians understand non-numeric information, like colors refer mainly to patterns that can be found in data 2. a 15% return on a stock means that 15% of the original purchase price of the stock returns to the seller at the end of the year 15% of the people who purchased the stock will see a return the stock is worth 15% more at the end of the year than at the beginning the stock has lost 15% of its value since it was originally sold 3. a stock purchased on january 1 cost $4.35 per share. the same stock, sold on december 31 of the same year, brought in $4.75 per share. what was the approximate return on this stock? 0.09% 109% 1.09% 9% 4. a stock sells for $6.99 on december 31, providing the seller with a 6% annual return. what was the price of the stock at the beginning of the year? $6.59 $1.16 $7.42 $5.84

Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr