prater incorporated enters into an exchange in which it gives up its warehouse on 10 acres of land and receives a tract of land. a summary of the exchange is as follows: transferred fmv original basis accumulated depreciation warehouse $ 300,000 $ 225,000 $ 45,000 land 50,000 50,000 mortgage on warehouse 30,000 cash 20,000 20,000 assets received fmv land $ 340,000 what are prater's realized and recognized gain on the exchange and its basis in the assets it received in the exchange?

Answers

Answer 1

Prater's realized and recognized gain on the exchange is $20,000 and its basis in the assets received in the exchange is $340,000.. This is calculated by subtracting the FMV of the assets transferred ($380,000) from the FMV of the assets received ($340,000). Prater's recognized gain is also $20,000.

This is because the FMV of the assets received ($340,000) is greater than the original basis of the assets transferred ($225,000). Prater's basis in the assets it received in the exchange is $340,000 (the FMV of the assets received). This is calculated by adding the cash ($20,000) to the FMV of the land received ($320,000).

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Related Questions

Supply-side policies have proven that smaller government makes the economy more efficient. ​ Select one: True False

Answers

Answer:

The given statement is "False".

Explanation:

Supply-side policies include those strategies that increase the economic ability of an enterprise as well as the ability to manufacture. To increase supply-side efficiency, there are also many specific steps that somehow an authority may undertake. Any strategy that increases the economic capacity of a nation's infrastructure and therefore its ability to transfer should be under the supply-side legal framework.

How much would $100, growing at 5% per year, be worth after 70 years?

Answers

3042.64, would $100, growing at 5% per year, be worth after 70 years. Thus, option (a) is correct.

What is interest?

Someone borrows money during a hard time, they are paying additional amount, which is an interest. In monetary terms, interest is a yearly percentage of the loan amount. Different categories, including simple interest, compound interest, and annual interest, are used to categorize the loan.

According to the given the amount is:

Principle = $100

Time = 5 years

Rate = 5 %

years = 70

Given,

A = amountP = principle  = $100R = interest rate  = 5%T = time  = 75

A = P \((1+\frac{R}{100})^{t}\)

A = \((1+\frac{5}{100})^{70}\)

A= \((1+ 0.05)^{70}\)

A = 3042.64

As a result, the significance of the interest rate are the aforementioned.

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Your question is incomplete, but most probably the full question was.

How much would $100, growing at 5% per year, be worth after 70 years?

$3,042.64

$2,616.67

$3,073.07

$2,799.23

Explain how saving a portion of your money can help you achieve financial well-being. (Tell me how saving a little bit of your money can help you have less problems with money.)

Answers

Saving money means that you will have more in the future (if that’s just in your wallet or a savings acc that earns interest) it will also make you feel accomplished.

9. A leader should behave genuinely with their followers and align their behaviors with their values. This is a description of which emerging leadership approach?
a. adaptive
b. spiritual
c. authentic
d. servant

Answers

Business success depends on having leaders that connect with their teams and motivate employees. The biggest predictor of job satisfaction, based on a study published in the Leading and Managerial Journal, is employees' impression of real leadership.

What is Leadership?

The act of guiding or managing a group of individuals or an organization is referred to as leadership. For instance, a lead to better to do in his association what a clergyman does in his state and a commanders does in the playground. Leaders from all walks of life share certain fundamental traits. Leaders should be able to establish communication with their counterparts, manage and mentor their staff, step in during conflicts, find solutions by considering all available options, allocate limited resources wisely, and deal with difficulties and activities. Collaborations among pioneers, individuals, and outside electorates are a part of the dynamic social cycle that is leadership. Great explorers are created, not born.

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When selecting your asset allocation for your portfolio the author suggests stronglt considering your "risk tolerance" and "how much effort you are willing to apply."

True or False ???

Answers

Answer:

True

Explanation:

It's important to find an investment that will work for your needs. If an investment is too risky for your comfort levels, you may be tempted to pull out before a payoff.

If an investment requires too much effort, or maintenance and attention, you might not be able to upkeep it and end up having to abandon it.

Sohail is told by his doctor that he needs to increase his mineral Intake. Which nutrients does he need to increase in his daily diet?

Calcium
Glucose
Starch
Sodium
Carbohydrates

Answers

Answer:

Calcium

/2short

Elizabeth's minimum monthly payment on her credit card is the higher of 2.5%
or $12. If her balance at the end of the month is $5800, what is the minimum
amount Elizabeth must pay to keep her account in good standing?
O A. $25
O B. $12
OC. $45
O D. $580

Answers

Answer:

$145

Explanation:

Minimum monthly payment at the rate of 2.5%

= 2.5/100 × $5,800

=$145

Between $12 & $145,

$145 is higher hence will be the minimum amount Elizabeth must pay to keep her account in good standing.

HEY PLEASE SOMEONE HELP I NEED TO SUBMIT THIS WORK IN 30 MINUTES PLEASEEE!!!


Which method of distribution is suitable for sale of Coke in your school? Justify your answer.

Answers

The Coca-Cola Company sells its products to bottling and canning operations, distributers, fountain wholesalers and some fountain retailers. They then distribute them to retail outlets, corner stores, restaurants, petrol stations and many more.

When I had this question I found the link witch is on the document very helpful.

I hope this helps.

UNIT 4 LAB

What must a country commit to in order to become a part of the Organization of Economic Cooperation?

How does one’s language force a person to think about time?


How does this difference in language relate to our propensity to save?


What experiments did Chen carry out to come up with these conclusions?


Did anything surprise you about this video? Why or why not?

Answers

Could Your Language Affect Your Ability to Save Money?

1. What must country commit to in order to become a part of the Organization of Economic Cooperation?

     - The affirmed common commitment of democracy, open markets, and free trade.

2. How does one’s language force a person to think about time?

     - When you use different words in different tenses, it makes you think about the time these events took place, saying “I walked yesterday” is past tense but, “I’m walking” is present tense.

3. How does this difference in language relate to our propensity to save?

     - Speaking futureless language, you will speak about time identically meaning you will feel as they are identical, it increases your propensity to save.

4. What experiments did Chen carry out to come up with these conclusions?

     - Chen came up with knowledge of his own ideas to figure out the conclusion.

5. Did anything surprise you about this video? Why or why not?

     - No. Everything made sense, everything had great conclusions talking about past, present, and future tenses.

How does one’s language force a person to think about time? that must a country commit to in order to become a part of the Organization of Economic Cooperation. The correct option is A.

What are the OECD guidelines?

Governmental suggestions on ethical corporate behavior are contained in the OECD Guidelines for Multinational Enterprises (OECD Guidelines). The OECD Guidelines define expectations for ethical business behavior in relation to a number of topics, including the environment, labor rights, and human rights.

Essentially, there are two fundamental characteristics that nations must meet in order to join the OECD: democratic societies devoted to the rule of law and the preservation of human rights; and open, transparent, free-market economies.

Thus, the ideal selection is option A.

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Green manufacturing company produces a product that has a variable cost of $40 per unit. fixed costs amount to $265,000. the selling price of the product is $48. the contribution margin per unit is:________

Answers

Green manufacturing company produces a product that has a variable cost of $40 per unit. fixed costs amount to $265,000. the selling price of the product is $48. the contribution margin per unit is $8

It is calculated as:

Contribution Margin = Sales Price - Variable cost

                                    = $48- $40 = $8.

The contribution margin is stated on a gross or per-unit basis. It  determines the incremental money  which is generated for each product or each unit sold after deducting the variable portion of the  costs of the firm.

The contribution margin is computed as the selling price per unit and then deduct  the variable cost per unit. It is also known as dollar contribution per unit. It is  the measure which indicates how a particular product contributes to the overall profit of the company.

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which of the following equations is correct? multiple choice question. units in beginning wip units started or transferred in

Answers

The following equation is correct: Units at beginning + Units started or Transferred in = Total units there are three terms that appear in the equation: Beginning units.

which are the units that were already in stock at the start of the period. Units started, which are the units that were produced during the period, and Units transferred in, which are the units that were transferred in from another location to be used or sold during the period.

Units at beginning + Units started

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Which of the following is not a business-to-business (B2B) market.

A. Raw Materials
B. Process materials
C. Major equipment
D. Shopping Goods

Answers

Answer:

I don't know the exact answer but I guess it will be option (B) process materials

Which of the statement best defines what a policy title means on an insurance policy?

Answers

The statement that best defines what a policy title means on an insurance policy is this:

Every policy must have a title on the face and on the back of the policy, briefly describing the policy.

What is an insurance policy?

An insurance policy is an investment that is made to safeguard a person's property against loss. Every insurance policy must have a policy title.

The policy title refers to a form of indemnity insurance that is geared at protecting people who buy houses or borrow money. The policy title is meant to be spelled out clearly at the front and back so that stakeholders will be clear on the terms.

Question:

Which of the statement best defines what a policy title means on an insurance policy?

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Marcus invested $700 in a savings account at 1.9% annual interest rate. He made no deposits or withdrawals on the account for 3 years. The interest was compounded semiannually. Find, to the nearest cent, the balance in the account after 3 years. Please show any work possible.

Answers

Marcus invested $700 in a savings account with a 1.9% annual interest rate. The interest is compounded semiannually, and there are no deposits or withdrawals for 3 years. We need to calculate the balance in the account after 3 years.

To calculate the balance in the account after 3 years, we can use the formula for compound interest:

A = P(1 + r/n)^(nt)

Where:

A = the final amount

P = the principal amount (initial investment)

r = the annual interest rate (in decimal form)

n = the number of times interest is compounded per year

t = the number of years

In this case, the principal amount (P) is $700, the annual interest rate (r) is 1.9% or 0.019, the interest is compounded semiannually (n = 2), and the time (t) is 3 years.

Plugging in the values into the formula:

A = 700(1 + 0.019/2)^(2*3)

A = 700(1.0095)^6

A ≈ $735.97

Therefore, the balance in the account after 3 years would be approximately $735.97.

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FILL IN THE BLANK. Scenario C. Gabriel, chief executive officer of Chesapeake Financial Inc., sends a memo to his vice presidents regarding new procedures for annual performance reviews. The vice presidents meet informally to discuss the new procedures. When the new procedures are announced to the other employees, they form feedback teams, and these teams draft memos providing feedback to the vice presidents and Gabriel regarding the advantages, disadvantages, and potential problems with the new procedures.
The feedback memos sent by the teams of employees to the vice presidents and Gabriel are examples of ______ communication.

Answers

The feedback memos sent by the teams of employees to the vice presidents and Gabriel are examples of upward communication.

Upward communication is the flow of information from lower levels of an organization to higher levels. In this scenario, the employees are providing feedback to the vice presidents and Gabriel, who are in higher positions within the company.

This is an example of upward communication because the information is flowing from the employees to the executives. It is important for organizations to have effective upward communication in order to ensure that the concerns and suggestions of employees are heard and taken into consideration.

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Please help me asap!!!

Please help me asap!!!

Answers

Answer:

Finder's fee. good luck dude

In the context of business cycles, downturns are what follow immediately after?

Answers

In the context of business cycles, downturns are what follow immediately after the peak.

The peak represents the highest point of economic activity, after which there is a decline in economic output and a contraction in business activity. This period of decline is known as a downturn or a recession.

The business cycle refers to the fluctuation of economic activity that occurs over time. It is characterized by alternating periods of expansion and contraction in a country's overall economic output, often measured by changes in real GDP (Gross Domestic Product).

The business cycle typically consists of four phases: expansion, peak, contraction, and trough.

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what is office proceducer and accouting​

Answers

The administrative department handles management activities that affect the entire organization. The accounting department keeps the financial records of the business and prepares reports that help the business to make financial decisions.

Hope it helps...

Government intervention in international trade can take the form of reducing restrictions on imports and adopting policies that promote exports.

Answers

Governments three essential skill to hinder trade: quota systems; tariffs; and subsidies. A quota machine imposes restrictions on the precise quantity of goods imported into a country. Quota structures permit governments to manage the extent of imports to help protect domestic industries.

What measures do governments take to promote exports and preclude imports?

To promote exports and prevent imports the government can both institute a tariff on overseas imports or an export subsidy on domestic goods. A protectionist policy like an export subsidy decreases the welfare in the home u . s . and will increase prices on consumers.

Import tariffs are probable the most frequent way in which governments intervene in global trade.

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The Bretton Woods system came into being right after WWI


True
False

Answers

Answer:

False

Explanation:

It came into being in 1944 after world war II. This was created in a conference of all of the World War II Allied nations that took place in Bretton Woods, New Hampshire. The decision was taken to avoid trade wars  between the nations.

Hence, the given statement is false.

where is my brother kadin

Answers

He up my butt hole, lol

where did u see him last

3) What is the present value of $1000, received at the end of 4 years of investment, with a discount rate of 4%?

3) What is the present value of $1000, received at the end of 4 years of investment, with a discount

Answers

Answer:

$854.81

Explanation:

The formula for calculating the present value is as below

PV = FV/( 1 + r)^n

Where Fv =1000

r = 4% or 0.04

n= 6

PV = $1000/ (1 + 4/100)^4

PV=$1000/(1 + 0.04)^4

PV=$1000/1.16985

PV =$854.81

.

Answer:

3629.9

Explanation:

I just did the test and thats what it told me the correct answer was.

principles of microeconomics - mindtap access principles of microeconomics - mindtap access by mankiw, n. gregory edition : 8th 18

Answers

The MindTap access for Principles of Microeconomics by N. Gregory Mankiw is an online resource that provides students with additional learning materials and tools to enhance their understanding of the subject. It accompanies the 8th edition of the textbook.  Interactive Learning Activities.


E-Book Access: Students can access the digital version of the textbook online, making it convenient for studying anytime and anywhere. Video Resources: MindTap includes video resources such as lecture captures, tutorials, and animations that provide visual explanations of complex topics, making it easier for students to grasp difficult concepts. Study Tools: MindTap provides study tools like flashcards, practice exams.
Instructor Support: MindTap allows students to communicate with their instructors through a messaging system, facilitating discussions and clarifications on course materials. Overall, MindTap access for Principles of Microeconomics offers a comprehensive and interactive learning experience that complements the textbook, helping students deepen their understanding of microeconomic principles.  

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When schools and businesses allocate admissions or jobs on the basis of race, gender, disability, or other criteria unrelated to ability, they are aiming at Group of answer choices

Answers

When schools and businesses allocate admissions or jobs on the basis of race, gender, disability, or other criteria unrelated to ability, they are aiming at Affirmative Action. Group of answer choices Affirmative Action is a policy by which schools and businesses allocate admissions.

Jobs on the basis of race, gender, disability, or other criteria unrelated to ability to counteract past discrimination and increase diversity in the workplace and schools. It is intended to create a level playing field for people of different races, genders, and abilities by providing them with equal opportunities and removing obstacles that prevent them from succeeding.

It also ensures that qualified candidates from underrepresented groups are given a fair chance to compete for positions and educational opportunities. When schools and businesses allocate admissions or jobs on the basis of race, gender, disability, or other criteria unrelated to ability, they are aiming at Affirmative Action. Group of answer choices Affirmative Action is a policy by which schools and businesses allocate admissions.

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According to Census Bureau and Federal Reserve surveys, about 50 percent of all new businesses begin with less than ____ in total capital

Answers

Answer: $30,000

Explanation:

Many businesses take a careful capital when starting up their firms. Many do so due to their capability while others do so to monitor the growth of the already invested, then invest much more when when they've witnessed growth with the business. Census Bureau and Federal Reserve surveys, about 50 percent of all new businesses begin with less than $30,000 in total capital.

COMPARE and contrast the terms scarcity and shortage and provide examples of each.

Answers

Answer:

Scarcity and shortage are not the same things. Shortage conditions exist when the demand of a good at the market price is greater than supply. ... Scarcity is the concept that we have limited resources and cannot meet the unlimited demand - it has nothing to do with a market price.

What are Pre-Tax Deductions and Contributions?
a) Contributions taken out of your paycheck BEFORE taxes are calculated on your income
b) Contributions taken out of your paycheck AFTER taxes are calculated on your income

Answers

The answer would be a

which is not a reason to introduce and HRIS

Answers

Security is said to be a key issue of the biggest worries of HRIS. Systems need to be designed to hinder unauthorized access to sensitive and confidential information.

What is the reason  to introduce HRIS?

HRIS is software for core HR needs and productivity for managers and employees.

The  five benefits of using it is that it is Organized, Frees HR professionals for important tasks. Regulatory compliance ensured. HR efficiency enhanced by "Boosts company image for employees." Employee db. Applicant tracking and onboarding.

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Tammy is so frustrated with herself. She knew she ought to be studying for her exam. She told her friends she should be studying for her exam, yet she decided to go out for a drink and visit with her friends. While she is out, she feels a level of anxiety which is occurring because her behavior is not consistent with her beliefs. This is known as:

Answers

This discrepancy causes her anxiety, which is an example of cognitive dissonance. Therefore, the correct term is cognitive dissonance.

Tammy is so frustrated with herself. She knew she ought to be studying for her exam. She told her friends she should be studying for her exam, yet she decided to go out for a drink and visit with her friends. While she is out, she feels a level of anxiety which is occurring because her behavior is not consistent with her beliefs. This is known as cognitive dissonance.

Cognitive dissonance refers to the mental distress or discomfort experienced by an individual who holds two or more contradictory beliefs, values, or ideas. In this scenario, Tammy's beliefs and actions are inconsistent, as she knows she should be studying for her exam but decides to go out for a drink with her friends.

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The development of market power by a firm is considered to be a market failure because firms with market power will

Answers

The correct answer is that firms with market power will produce less and charge a higher price than what would be socially optimal.
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A year ago, my dad's new wife moved into our house. She brought her twoterrible daughters, Franny and Lily. Franny always frowned. At school and athome, she ignored me. Sometimes, Franny would bump into me like I wasn'tthere. Lily was worse. Lily showed up wherever I was and stared. I'd walkout of the bathroom, and there she'd be. I'd go into the kitchen, and thereshe'd be. She'd look at me with wide eyes and frown. It was creepy.I wanted to say something to Dad about it, but I didn't want to worry him. Hewas getting sicker every day.1. How does the narrator feel about her dad? What is a good anime to watch examples of pamps include: [mark all correct answers] a. toll like receptors b. peptidoglycan c. lps d. prr On what continent do scientist believe human life began In a within-groups design, exposing participants to one level of the independent variable can change how they respond to the other levels of the independent variable? draw both the organic and inorganic intermediate species. include nonbonding electrons and charges, where applicable. cl g Solve the equation 11=3m+7 To what extent did the Washington presidency help to shape the Executive Branch and strengthen the national government? How do you find the radius of a circle with Grade 7? If a coconut is a normal good and the price of coconuts increases, then the movement that would take place in the model could be:________ an internet provider has been the only one available in the county for many years. a small startup has recently opened, offering customers internet at a much lower rate. the original internet provider buys the building that is being rented by the startup and raises their rent to an unfair amount. this makes it impossible for the startup to stay in business. if brought to the attention of authorities, what kind of crime would the company most likely be accused of? question 32 options: false advertising restraint of trade price fixing fraud Biomechanics( Biomedical engineering)3. This question is on the Degrees Of Freedom, (simply every movement you make). Consider mechanical models of joints, for that, explain the DOF of the joints, on that for a) the shoulder in three seg What is the irony of the Seven Commandments in Animal Farm?. what are some key things you would do in your first session with a client to get the therapy relationship started in a positive way? be sure to include a least five communication skills from your text and discuss why they are so critical. how does the client's culture impact the skills used as you develop the relationship? include at least one scholarly reference in your response. Write a program that computes the sum of all integers that exist within the range 611 to 1742 (inclusive on both ends) that have the value 6 in their ONES place. For example, 6, 76 and 926 all have the value 6 in their ONES place. When you are finished enter the sum you computed as the answer to this question. Given the conversion factor 100 cm/ 1 m, what is the volume of the cube in cubic meters?O A. 27,000,000 cubic metersO B. 27,000 cubic metersO C. 27 cubic metersO D. 0.027 cubic meters when an object is passed as an argument to a method, what is passed into the method's parameter variable? The following segment of code is meant to remove the even numbers from an ArrayList list and print the results:int counter = 0;while(counter < list.size()){ if(list.get(counter) %2 == 0) { list.remove(counter); } counter++;}System.out.println(list.toString());The method as written, however, is incorrect. Which ArrayList(s) list would prove that this method was written incorrectly?I.[1, 2, 3, 4, 5]II.[2, 4, 5, 6, 7]III.[2, 4, 6, 8, 10]IV.[2, 5, 6, 7, 8]III onlyII and IVII onlyI and IVII and III Please help.The question is in the picture. I will give brailiest to whoever needs it!