A fire destroyed business equipment that was worth $160,000 and had a $118,100 adjusted tax basis. The equipment was uninsured. The owner can recognize a $160,000 ordinary casualty loss.

Answer the following statement true (T) or false (F)


False

The loss equals the adjusted basis of the equipment.

Business

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The two main sources of stockholders' equity are

a. investments by stockholders and net income retained in the business b. investments by stockholders and dividends paid c. net income retained in the business and dividends paid d. investments by stockholders and purchases of assets

Business

If the Ford GT is designed to accelerate to 50 miles per hour within 10 seconds, and every Ford GT coming off the assembly line does this, the model is said to have high ________

A) reliability B) conformance quality C) durability D) compatibility E) interoperability

Business

This question contains two parts; be sure to answer both. First, describe the relationship between the amount of conflict in a department or organization and that department or organization's performance. At what level of conflict is performance maximized? Second, suppose that you are the manager of a store that sells medical supplies for the handicapped or infirm. You see three major sources of conflict at the store: (1) many of the staff members who work the front desk do not like one another, (2) those who stock the shelves and work with the customers are resentful that they are not paid more, and (3) all employees are required to work nights and weekends, which cuts into their family and personal time. Explain how you would manage each source of conflict.

What will be an ideal response?

Business

Which statement regarding SELL sequence is NOT correct?

A. SELL sequence is part of essential steps within the presentation stage. B. The SELL Sequence is a great method of determining if the FAB is of interest to the buyer C. The SELL sequence should always be used by a salesperson at the closing stage D. When a question is integrated with the product's FAB, it forms the SELL Sequence. E. The SELL Sequence is an effective form of persuasive communication.

Business