Before multiplying or dividing a mixed number, change it to a(n)_______________
Fill in the blank(s) with correct word
improper fraction
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Joan is a 30 percent partner in the OJT Partnership when she sells her entire interest to Crissy for $100,000 cash. At the time of the sale, Joan's basis in OJT is $63,000 (which includes her $10,000 share of OJT liabilities). OJT does not have any hot assets. What is the amount and character of Joan's gain or loss on the sale?
What will be an ideal response?
fMRI scans are the most cost-efficient neuromarketing method.
Answer the following statement true (T) or false (F)
Using an online storage service such as DropBox is a type of virtualization
Indicate whether the statement is true or false
Wolanski Corporation has provided the following data for its most recent year of operations: Selling price per unit$48Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials$11Direct labor$5Variable manufacturing overhead$5Fixed manufacturing overhead per year$110,000Selling and administrative expenses: Variable selling and administrative expense per unit sold$4Fixed selling and administrative expense per year$71,000 Units in beginning inventory 0Units produced during the year 11,000Units sold during the year 8,000Units in ending inventory 3,000The net operating income (loss) under variable costing is closest to:
A. $33,000 B. $216,000 C. $3,000 D. $184,000