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Please need the answer in a detailed format with citation and proper punctuation
A new company has just hired you to turn-around an unprofitable and dysfunctional division. Outline the first series of steps you would take to develop an understanding of the operations. Describe the means you would employ to overcome barriers to the introduction of new ways of doing business? Comment on how you would manage change once the procedures have been defined.
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Orlando owns a passive activity with a basis of $13,000 and a $6,000 suspended loss. He dies when the passive activity has a fair market value of $17,000.
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