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Business, 02.08.2019 02:30 meowmeowcow
Information managers are responsible for getting products from producers to consumers. a. true b. false
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Which of the following would not generally be a motive for a firm to hold inventories? a. to decouple or separate parts of the production process b. to provide a stock of goods that will provide a selection for customers c. to take advantage of quantity discounts d. to minimize holding costs e. all of the above are functions of inventory.
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Barry owns a 50 percent interest in b& b interests, a partnership. his brother, benny, owns a 35 percent interest in that same partnership, and the remaining 15 percent is owned by an unrelated individual. during 2016, barry sells a rental property with a basis of $60,000 to b& b interests for $100,000. the partnership intends to hold the rental as inventory for resale. what is the amount and nature of barry’s gain or loss on this transaction?
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Casey buys a bracelet. she pays for the bracelet and pays $0.72 in sales tax. the sales tax rate is 6%. what is the original price of the bracelet, before tax? \$\
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