Answer: $50,000
Explanation:
To calculate David's basis in S corporation we subtract the value of the land at it's current value from his basis in S corporation stock of $270,000 on the distribution date.
We will then add his portion of the capital gain on the land because all shareholders shared it equally and as such it should increase his basis as it did theirs.
Calculating then we have,
= 270,000 - 240,000 + 20,000
= $50,000
David's basis in the S corporation becomes $50,000.
Answer:
D. All of the above
Explanation:
Stockholder equity is also known as shareholders' equity. The shareholder's equity is composed of their capital contribution plus the retained earnings. In the balance sheet, the value of shareholder equity equals assets minus liabilities.
Stockholder equity is the amount that shareholders will receive if the assets of a company are to be liquidated after liabilities have been settled. It is the shareholder interest in the company.
Answer:
mission statement
Explanation:
Mission statement -
It is the statement about the organization , as why is the organization in existence , determining the goal of the operation , the type of product ans service that the organisation provides , find the overall goal and the primary market and customer , is known as the Mission statement .
Hence , from the question , The Gap , the clothing maker have certain motto , i.e. , create emotional connections with the customer ,
Therefore , it is the company's Mission statement .
Answer:
Share price = $85.684
Explanation:
It is given that ,Ke = cost of equity = 15% ,g = Growth = 9.2%% and Dividend and Repurchase = 40%
Now we know that
PV = CF /(Ke- g)
PV = $2.05 billion*0.4 / (0.15-0.092) = 0.84 billion /0.058
=$14137931034.483
Share price = $14137931034.483 / 165000000 million
Share price = $85.684