subject
Business, 13.12.2019 00:31 dtilton2003

Tom howard and frank peters are good friends (and former college roommates). each owns investment property in the other's hometown (tom lives in kalamazoo, mi; frank lives in austin, tx). to make their lives easier, they decide to exchange the investment properties. under the terms of the exchange, frank will transfer realty (20 acres of unimproved land; adjusted basis of $52,000; fair market value of $80,000) and tom will exchange realty (25 acres of unimproved land; adjusted basis of $60,000; fair market value of $92,000). tom's property is subject to a mortgage of $12,000 that will be assumed by frank. if an amount is zero, enter "0". a. what are frank’s and tom’s recognized gains? frank's recognized gain is $, and tom's recognized gain is $.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 03:00
50 points mark brainliest 1) the information in the interactive presentation suggests that people a) utilize the perception of others rather that out own perception b) learn more about the positive aspects of perception c) should monitor how perceptual barriers influence our relationship d) spend more times on our personal relationships rather than our professional relationships 2) you are about to take the dog out for a walk but pause to watch the news because you hear the name of your town being mentioned hearing your town being mentioned on the news is an example of a) stimulation b) interaction c) organization d) interpretation- evaluation 3) tamara thinks ivan is upset with her because hes been unusually quiet today to better interpret the situation and communicate appropriately tamara should a) ask ivan why hes quiet and explain that hes being inconsiderate b) leave ivan alone because hes obviously going through something c) ask her guidance counselor for tips on providing therapy to a friend d) examine her own perception and then check in with ivan about his behavior 4) of the following abilities which is the most important to the perceptual checking process a) critical thinking ability b) creative ability c) memorizing ability d) organizational ability
Answers: 2
question
Business, 22.06.2019 17:50
Bandar industries berhad of malaysia manufactures sporting equipment. one of the company’s products, a football helmet for the north american market, requires a special plastic. during the quarter ending june 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. the plastic cost the company $171,000. according to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?
Answers: 1
question
Business, 23.06.2019 02:00
Donna and gary are involved in an automobile accident. gary initiates a lawsuit against donna by filing a complaint. if donna files a motion to dismiss, she is asserting that
Answers: 1
question
Business, 23.06.2019 09:50
Now, use your previously-computed value as an approximation for sigma, and compute how many ears of the experimental corn the researcher needs in the study. don't forget, the margin of error and confidence level have already been given to you in a previous problem.
Answers: 1
You know the right answer?
Tom howard and frank peters are good friends (and former college roommates). each owns investment pr...
Questions
question
English, 07.12.2020 22:20
question
Social Studies, 07.12.2020 22:20
Questions on the website: 13722363