Five years ago, George and Jerry (his brother) provide $40,000 and $60,000, respectively, to purchase realty titled in the names of George and Jerry as joint tenants with right of survivorship. George dies in the current year and is survived by Jerry. At the time of George's death, the realty is valued at $300,000. What is the value of the realty in George's gross estate?
What will be an ideal response?
$300,000 × ($40,000 ÷ ($40,000 + $60,000)) = $120,000
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Edward Cheezer's Inc makes and sells frozen four-cheese pizzas, New York-style. The expected selling price is $10 per pizza. The projected variable cost per pizza is $6. The estimated fixed costs per month are $10,000. The number of pizzas that must be sold to obtain a monthly profit of $20,000 is
A) 2,000 pizzas. B) 5,000 pizzas. C) 2,500 pizzas. D) 7,500 pizzas.
_____ are used to form possessives of nouns, to form contractions, and to show omissions in dates
Fill in the blank(s) with correct word
Answer the following statement(s) true (T) or false (F)
1. Only factors in the external environment determine what actions we must take to make strategic choices for our organization. 2. Influences from outside the organization may cause the company to adapt to change. 3. Resources or products from suppliers can be affected by external forces, such as natural disasters. 4. The availability of recruits and employees for an organization has an effect on its performance.
The expected activity time in PERT analysis is calculated as:
A) the simple average of the optimistic, pessimistic, and most likely times. B) the weighted average of a, m, and b, with m weighted 4 times as heavily as a and b. C) the sum of the optimistic, pessimistic, and most likely times. D) the sum of the optimistic, pessimistic, and most likely times, divided by six. E) the sum of the activity variances, divided by six.