Sarah exchanges a building and land (used in her business) for tyler’s land and building and some equipment (used in his business). the assets have the following characteristics. adjusted basis fair market value sarah’s real property $120,000 $300,000 tyler’s real property 60,000 220,000 equipment 50,000 80,000 what are sarah’s recognized gain or loss and basis for the land and building and equipment acquired from tyler

According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is

Adamson company manufactures four lines of garden tools. as a result of an activity analysis, the accounting department has identified eight activity cost pools. each of the product lines is produced in large batches, with the whole plant devoted to one product at a time. classify each of the following activities or costs as either unit-level, batch-level, product-level, or facility-level. activities (a) machining parts. (b) product design. (c) plant maintenance. (d) machine setup. (e) assembling parts. (f) purchasing raw materials. (g) property taxes. (h) painting.

How success was the first day of the bus boycott