Answer:
Black Corporation
e. None of the above.
Explanation:
a) Data and Calculations:
Adjusted basis of assets = $290,000
Fair market value of assets = $300,000
Liabilities transferred = $50,000
Black Corporation's basis = $250,000 ( $300,000 - $50,000)
Tara's basis in the Black Corporation = $240,000
b) According to U.S. Code 351, no gain or loss shall be recognized for Tara if property is transferred to Black Corporation by Tara solely in exchange for stock in Black Corporation, and immediately after the exchange, Tara comes into the control of Black Corporation.
Answer:
Product Cost Variable Or fixed Direct or indirect
1. Rubber core for soccer ball Variable Direct
2. Thread to hold leather together Variable Indirect
3. Taxes on factory Fixed Indirect
4. Wages on Assembly workers Variable Direct
5. Machinery depreciation Fixed Indirect
6. Annual flat fees paid for office security Fixed Indirect
7. Leather cover for soccer balls Variable
Another answer to go along with the rest is (contribute to keeping ecosystems productive) I hope this helps
Answer:
Triangular Arbitrage
Explanation:
Arbitrage is the financial practice in which the prices of two or more different markets are taken advantage of to make profit as a result of tthe imbalance in the prices of the markets.
Also known as 3 point or cross currency arbitrage, Triangular arbitrage is the taking advantage/ exploiting of the pricing differences between 3 currencies on the foreign exchange market.
Simply put, triangular arbitrage is a situation in which the exchange rates between 3 currencies are not the same.
Triangular arbitrage is difficult to come by as it requires very advanced computer systems to detect and take advantage of.
I hope this helps.
Answer:
c) Statement of Net Position; Statement of revenues, expenditures, and changes in fund balances; Statement of Cash Flows
Explanation:
Proprietry funds are accounts that are part of governmental institutions and non profits organizations and these require a high standard of transparency and accountability, so they are require to provide to the government the next statements: tatement of net assets; a statement of revenues, expenses, and changes in fund net assets; and a statement of cash flows.
This is accordingly to the summary of statements N. 34 from the Governmental Accounting Standards Board.
