This year, sigma inc. generated $620,250 income from its routine business operations. in addition, the corporation sold the following assets, all of which were held for more than 12 months. initial basis acc. depr.* sale price marketable securities $ 152,400 $ 0 $ 65,000 production equipment 100,400 80,320 36,500 business realty: land 216,750 0 227,500 building 212,000 63,600 224,000 *through date of sale. compute sigma’s taxable income assuming that it used the straight-line method to calculate depreciation on the building and has no nonrecaptured section 1231 losses. recompute taxable income assuming that sigma sold the securities for $160,800 rather than $65,000.

You decide that structural changes must be made at holden evans immediately to deal with the additional product lines. equipment and employees will have to be moved around to optimize production of all of the products in house. this shouldn't be too difficult because many of the vitamins and supplements are produced using similar processes. you have several options available to facilitate this process. which of the following methods do you think is the best choice? select an option from the choices below and click submit. because the changes may result in the loss of several key employees, you hire outside consultants who specialize in hr law. this way any employee terminations will not result in lawsuits. you select an outside consulting firm that your company has never worked with before, but it has a reputation for using new technology in product lines that are similar to yours. you select several trusted managers to facilitate the transition of operations from overseas. these individuals can gather information and also smooth any rough spots that may occur.

Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?

Newton industries is considering a project and has developed the following estimates: unit sales = 4,800, price per unit = $67, variable cost per unit = $42, annual fixed costs = $11,900. the depreciation is $14,700 a year and the tax rate is 34 percent. what effect would an increase of $1 in the selling price have on the operating cash flow?