What is the name of the document that companies use to report quarterly financial results?.

Mr. Boyd and Ms. Tuck decide to form a new corporation named BT Inc. Mr. Boyd transfers $10,000 cash and business inventory ($20

kicyunya [14]

Answer:

1. Mr Boyd's share = 400, Ms Tuck = 800

2. Mr Boyd's realised gain = $16,800, recognized gain = $0, basis = $13200

Ms Tuck's realized gain = $18500, gain recognized = 0, basis = $41500

Explanation:

1.

Total share = $1200

Cash received from Mr Boyd = 10000

FMV from him = 20000

Total value = 30000

FMV of equipment from Ms Tuck = 60000

Total value from both of them = 60000 + 30000 = $90000

Number of share Mr Boyd is to receive = 1200x(30000/90000)

= 400

Number of share Ms Tuck is to receive

= 1200x(60000/90000)

= 800

2.

Mr Boyd's gains

Cash received = 10000

FMV = 20000

Total = 30000

Adjusted basis = 3200

Total tax basis = 10000+3200

Gain realized = 30000-13200

= 16800

Gain realized = 0 because it is a non taxable exchange.

Mr Boyd's realised gain = $16800, recognised gain = $0, basis = $13200

Ms Tuck

FMV = 60000

Adjusted tax basis = 41500

Gain realized = 60000-41500

= 18500

Gain recognized = 0(non taxable exchange)

Ms Tuck's realized gain = $18500, recognized gain = $0, basis = $41500

3

the FMV basis of inventory = 20000

carryover basis = 3200

equipment basis FMV = 60000

carryover basis = 41500

note that no gain if equal to or more than 80 percent of the ownership of the stock in a non taxable exchange.

6 0

4 years ago

Lifestyle Changes... Good or Bad for your Career?

marta [7]

Answer:

good

Explanation:

because soemtimes you be in a bad place and you gotta get better

8 0

3 years ago

So im 12 yrs old and i have been asked to babysit my neighbors two boys for 4 hours 5 days a week ( one 4 one 2 yrs old) since i

garik1379 [7]

Babysitters make more in cities with a high cost of living. According to Care.com's study, the average hourly babysitting rate in San Francisco, for example, is $16.65, compared to the national average of $13.44 an hour. Babysitters in all of the 75 cities examined all made over $11 an hour.

Babysitters now bring in an average of $15.71 an hour, an increase from about $14.91 an hour in 2015, according to new data from childcare website UrbanSitter. Watching two kids comes with an hourly wage of at least $18, the site reported.

Babysitters make more in cities with a high cost of living. According to Care.com's study, the average hourly babysitting rate in San Francisco, for example, is $16.65, compared to the national average of $13.44 an hour. Babysitters in all of the 75 cities examined all made over $11 an hour.

I would say at least half the amount an average babysitter would get paid because your 12. SO around 6.50 an hour would work. Professionally if she wants you to do anything around the house for the children like cleaning up after them, feeding them, supervising them, that comes with responsibility, if you don't think 6.50 is enough for an hour, then go with no more than 8 dollars. Someone your age in reality should get paid no more than an average person. Especially because the person is young, like yourself. Goodluck. :)

There is not a set amount of money that an 11 year old kid can expect to earn working side jobs. For instance, 11 year old youngsters can expect to earn $5 and up at certain jobs like shoveling snow. There is, however, a limited amount of time that 11 year old can dedicate to working side jobs though.]

3 0

4 years ago

Organon Teknina sells inexpensive equipment to detect Escherichia coli, listeria, or salmonella bacteria in food. The company se

blagie [28]

Answer:

The correct answer is the option C: Taco Bell.

Explanation:

To begin with, due to the fact that Organon Teknina sells inexpensive equipment to detect Escherichia coli and other bacterias in food it is quite understood that the organization has a huge corporate social responsibility and therefore that it really cares about the conditions of the places or organizations that need a hand because might be not quite rich as other companies. Moreover, the fact that they serve not-for-profit institutions that need to regularly chech food quality it is obvious that they would be least likely to sell to Taco Bell because that is a profitable company, while the other institutions are not-for-profit organizations.

8 0

4 years ago

When and why did McDonald's expand its business to Australia

Sliva [168]

more money and more busness

7 0

4 years ago