The amount realized by Matt on the sale of property to Caitlin includes all of the following with the exception of

A) cash received by Matt.
B) mortgage on the property that is assumed by Caitlin.
C) mortgage on the property paid off by Matt prior to the sale.
D) the FMV of any other property received by Matt in the transaction.


C) mortgage on the property paid off by Matt prior to the sale.

Cash received, the mortgage assumed by the buyer, and the FMV of property received in the transaction are all part of amount realized.

Business

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Identify the choice that best answers the question. Which statement is incorrect?

A) I work for Odette Clark, M.D. B) I work for Dr. Odette Clark. C) I work for Dr. Odette Clark, M.D.

Business

Morr Logistic Solutions Corporation has developed a new forklift-model QY-49-that has been designed to out perform a competitor's best-selling forklift. The competitor's product has a useful life of 10,000 hours of service, has operating costs that average $3.70 per hour, and sells for $109,000. In contrast, model QY-49 has a useful life of 40,000 hours of service and its operating cost is $2.10 per hour. Morr has not yet established a selling price for model QY-49.From a value-based pricing standpoint, what is QY-49's economic value to the customer over its 40,000 hour useful life?

A. $193,000 B. $500,000 C. $146,000 D. $391,000

Business

Which of the following supports the primary value activities in the value chain?

A. Primary value activities. B. Secondary value activities. C. Support value activities. D. None of the above.

Business

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

1) Effective communication is a fundamental aspect of work performance and organizational effectiveness. 2) Fewer mistakes are made and fewer problems arise with two-way communication than with one-way communication. 3) Filtering and perceptual differences in communication increase the likelihood that the other person means what you think he or she means, or understands the meanings you intend. 4) A disadvantage of electronic communication is the difficulty of solving complex problems that require more extended interaction. 5) An employee's e-mail in the workplace is privileged information that cannot be used in court cases brought against that person or someone else.

Business