Mutation is a mathematical method of handling imprecise or subjective information.

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


False

Fuzzy logic is a mathematical method of handling imprecise or subjective information.

Business

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Josh owns a 25% capital and profits interest in the calendar year GDJ Partnership. His adjusted basis for his partnership interest on October 15 of the current year is $300,000. On that date, the partnership liquidates and makes a proportionate distribution of the following assets to Josh.  Partnership’s Basis in Asset Asset’s Fair Market Value CashInventory$ 70,000 120,000 $ 70,000 150,000 ? a.Calculate Josh’s recognized gain or loss on the liquidating distribution, if any, and his basis in the distributed inventory.  b.How would your answer to a. change if the partnership also distributed a small parcel of land it had held for investment to Josh? Assume the land has a $5,000 adjusted basis (FMV is $8,000) to the partnership.?

What will be an ideal response?

Business

Morgan is a line manager who wants to cut costs and make her department more efficient. She is not sure what she is allowed to do to achieve his goals. Morgan should ask the human resources department for help understanding the ______ responsibilities of line management.

A. appraisal and promotion B. labor cost controls C. leadership and motivation D. training and development

Business

The Swan Company produces their product at a total cost of $43 per unit. Of this amount $8 per unit is selling and administrative costs. The total variable cost is $30 per unit The desired profit is $20 per unit. Determine the mark up percentage on product cost

A) 80% B) 46% C) 70% D) 65%

Business

The U.S. style for the dateline on business letters spells out the month, followed by the day and year

Indicate whether the statement is true or false

Business