Answer:
a. The amount of loss does Carla realize on the transfer of the property to the corporation is -$17,100
b. Carla does not recognized any gain or loss on the transfer of the property to the corporation
c. The amount of Carla's basis in the stock she receives in her corporation is $337,850
Explanation:
a. In order to calculate the amount of gain or loss does Carla realize on the transfer of the property to the corporation we would have to use the following formula:
amount of gain or loss=Fair market value of stock received+morgage assume by corporation-Adjusted tax basis of the property transferred
amount of gain or loss=$320,750+$153,750-$491,600
amount of gain or loss=-$17,100
The amount of loss does Carla realize on the transfer of the property to the corporation is -$17,100
b. Carla does not recognized any gain or loss on the transfer of the property to the corporation because the requirements are met and no boot is received in exchange.
c. In order to calculate the amount of Carla's basis in the stock she receives in her corporation we would have to use the following formula:
amount of Carla's basis in the stock=Adjusted tax basis of the property transferred-morgage assume by corporation
amount of Carla's basis in the stock=$491,600-$153,750
amount of Carla's basis in the stock=$337,850
The amount of Carla's basis in the stock she receives in her corporation is $337,850
c. marginal.
d. switching.
Answer:
d. switching.
Explanation:
Since in the question it is mentioned that Mountain university used IBM computers also the apple computers offered them a better machiner at a lesser cost but the university did not buyed as the switching cost is too high
Bcz from exchanging from IBM computer to Apple computers the cost is high and that cost we called as switching
Hence, the correct option is d.
Answer:
O administering compensation
Explanation:
The human resources department or the HR is the department responsible for employees' management in an organization. Employees are the human resources in the organization. The HR's main task is to attract, train, and retain the best employees for the company.
Other functions of the Human resources department include
Answer:
Objective Theory
Explanation:
The Objective theory states that the intent to form a contract will be judged by outward objective facts such as the words and actions of the party instead of the secret, subjective intentions. This theory replaced the Subjective theory in the late nineteenth century. The former theory was of the opinion that the meeting of minds, which translates to the unexpressed intentions of the party would form a basis for interpreting the intent to form a contract.
The objective theory is important as it advocates freedom to a fair hearing, freedom of contract, and personal independence or sovereignty.
A consequence of President Johnson ignoring the Tenure of Office Act was he ended up getting impeached.
(B) $125.00
(C) $110.00.
(D) $115.00.
Answer:
Option (A) is correct.
Explanation:
Part A:
Cost = No. of units × cost per unit
= 5 × $5
= $25
Replacement cost = No. of units × cost per unit
= 5 × $4
= $20
Value to be recognized = $20
Part B:
Cost = No. of units × cost per unit
= 10 × $6
= $60
Replacement cost = No. of units × cost per unit
= 10 × $7
= $70
Value to be recognized = $60
Part C:
Cost = No. of units × cost per unit
= 10 × $3
= $30
Replacement cost = No. of units × cost per unit
= 10 × $2
= $20
Value to be recognized = $20
Therefore,
Value of Ending inventory = Sum of recognized value of all the three parts
= $20 + $60 + $20
= $100
Hence, the total value of this company's ending inventory is $100.
In a common size income statement, the most commonly used base item is total sales or total revenue. All other line items are represented as a percentage of this amount. This method allows for easier comparison of financial statements over different periods or from different companies.
In a common size income statement, the most commonly used base item is total sales or total revenue.
This means, every line item on the income statement such as cost of goods sold, gross profit, operating expenses, and net income, among others, are converted into a percentage of total sales.
A common size analysis facilitates the comparison of financial statements over different periods, or among different companies, by expressing each line item as a percentage of the base item.
Take an example, if the total sales of a company in a particular year is $100,000 and the cost of goods sold represents $60,000 then in the common size income statement, the cost of goods sold will be represented as 60% (i.e., $60,000/$100,000 * 100).
This method makes it easier to compare relative proportions of account balances, irrespective of the size of the company or the period.
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The most commonly used base item for a common size income statement is sales revenue. This allows for easy comparison of financial performance between different companies or different reporting periods.
The most commonly used base item for a common size income statement is sales revenue. When performing a common size analysis, the values on the income statement are typically converted into percentages of sales revenue. This allows for easy comparison of financial performance between different companies or different reporting periods, regardless of the size of the company or the amount of sales. For instance, the cost of goods sold and operating expenses would be represented as a percentage of sales revenue. This way, you can compare the relative size of cost items to the sales they support, across different firms or times.
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