What are the maximum postponed gain or loss and the basis for the replacement property for the following involuntary conversions? property type of conversion amount realized adjusted basis amount reinvesteda drugstore (business) casualty $160,000 $130,000 $110,000b apartments (investment) condemned 100,000 125,000 175,000c grocery store (business) casualty 400,000 300,000 450,000d residence (personal) casualty 16,000 18,000 17,000e vacant lot (investment) condemned 240,000 160,000 220,000f residence (personal) casualty 20,000 18,000 19,000g residence (personal) condemned 18,000 20,000 26,000h apartments (investment) condemned 150,000 100,000 200,000

Based on the supply and demand theory, why do medical doctors earn higher wages than child-care workers?

Thomas kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation. thomas's fastest-moving inventory item has a demand of 6,000 units per year. the cost of each unit is $100, and the inventory carrying cost is $10 per unit per year. the average ordering cost is $30 per order. it takes about 5 days for an order to arrive, and the demand for 1 week is 120 units. (this is a corporate operation, and the are 250 working days per year.)a) what is the eoq? b) what is the average inventory if the eoq is used? c) what is the optimal number of orders per year? d) what is the optimal number of days in between any two orders? e) what is the annual cost of ordering and holding inventory? f) what is the total annual inventory cost, including cost of the 6,000 units?

Zeta corporation is a manufacturer of sports caps, which require soft fabric. the standards for each cap allow 2.00 yards of soft fabric, at a cost of $2.00 per yard. during the month of january, the company purchased 25,000 yards of soft fabric at $2.10 per yard, to produce 12,000 caps. what is zeta corporation's materials price variance for the month of january?