Answer:
c. $500,000.
Explanation:
Market Corporation has a basis in the land of $500,000.
We are told in the question that ''Market Corporation completely liquidates Subsidiary Corporation, receiving land with a $400,000 adjusted basis and a $500,000 Fair Market Value''
In the event of liquidation the value of an asset is no longer its carrying amount or book value but rather the amount at which the asset can be disposed which is the fair market value.
Answer:
The low-attendance day falls on an autumn Wednesday, while the high-attendance day falls on a summer Saturday.
Explanation:
There are no rare class of goods which do not follow the Law of Demand
The most probable reason may be the dates are at different time period, when the demand is lower and therefore the price must be lower to generate enought attendance to make it profitable. While, the second date is onpeak demand.
Answer:
c is the correct represent the equilibrium price if I am not wrong
Explanation:
<em>sry </em><em>if </em><em>I </em><em>a</em><em>m</em><em> </em><em>wrong</em>
<span>Countries with fast-grouwing populations have a large pool of workers for businesses to tap. These countries will be looking for businesses to invest in their areas, employing people and letting them produce goods and services that will bring dollars into the local economies, strengthening them and allowing the countries to catch up with other nations.</span>
A trend in buisness is to invest