Realized gain or loss is measured by the difference between the amount realized from the sale or other disposition of property and the property's adjusted basis at the date of disposition.
Answer the following statement true (T) or false (F)
True
Rationale: Realized gain or loss is the difference between the amount realized and the property's adjusted basis.
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Which of the following is a reason for frustration for marketers moving from a corporate to a nonprofit environment
a. they have too much responsibility for too many programs and people b. they don't have enough responsibility compared to the corporate sector c. processes take longer and management is reluctant to take risks d. they never have enough budget because nonprofits always don't have enough money to do the job e. they are often absorbed by public relations or fund development
Flanders Bar and Grill orders cleaning supply kits using the EOQ model. The restaurant estimates that it uses 525 kits per year. The purchase price per kit is $12 with an estimated carrying cost rate of 15%. The cost to place an order from the kit supplier is $10. What is the average inventory level that the restaurant should expect?
a. 212.5 b. 76.4 c. 525 d. 38.2
?A physical product you can touch is a(n)
A. ?service. B. ?good. C. ?idea. D. ?concept. E. ?philosophy.
VuPlay Company contracts to deliver one hundred 60-inch 3D HD television sets to a new retail customer, Watchbox Store, on May 1, with payment to be made on delivery. VuPlay tenders delivery in its own truck. Watchbox's manager notices that some of the
cartons have scrape marks. Watchbox's owner phones VuPlay's office and asks whether the sets might have been damaged as they were being loaded. VuPlay assures Watchbox that the sets are in perfect condition. Watchbox tenders VuPlay a check, which VuPlay refuses, claiming that the first delivery to new customers is always for cash. Watchbox promises to pay the cash within two days. VuPlay leaves the sets with Watchbox, which stores them in its warehouse pending its "Grand Opening Sale" on May 15 . Two days later, Watchbox's stocker opens some of the cartons and discovers that a number of the sets are damaged beyond ordinary repair. VuPlay claims Watchbox has accepted the sets and is in breach by not paying on delivery. Will VuPlay succeed on these claims? Explain.