Answer:
A. $200.000
Explanation:
No gain or loss is recognized by the target corporation in the case of liquidation of target corporation or in case of distribution of stock and cash by it.
This is true even if cash or boot property is received by the target corporation. Hence, the basis is equal to the carryover to the acquiring corporation. Summit has a carryover basis in the assets of Hansen company as Hansen company liquidated and distributed the cash and stock to the shareholder.
Therefore, The Basis to Summit of the assets acquired in the exchange = $200000
Compensation paid in proportion to the number of units of personal output best describes piece rates. When an employee is paid on a piece rate, they are paid per unit.
This means that the worker is paid based on how much is picked, packed, pruned, or made. The piece rate system boosts employee productivity by making sure they are focused on achieving their goals. A worker can be employed to work shifts that are paid hourly and on a piece rate basis.
An employee is compensated on a piece rate basis. This indicates that the amount picked, packed, pruned, or made determines the employee's compensation rate. Piece rates are used instead of the hourly or weekly pay rate when payment is made.
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Answer:
The company should be willing to pay for the least profitable product (TC) which is $12.4/minute
Explanation:
TC GL NG
Contribution margin / unit $99.2 $129.22 $95.76
(Selling price-Variable costs)
Contribution margin/minute $12.4 $18.2 $12.6
(Contribution margin/Minutes
on the constraint)
Conclusion: Hence, the company should be willing to pay for the least profitable product (TC) which is $12.4/minute
Working
Contribution margin / unit = Selling price-Variable costs
TC= $494.4 - $395.2 = $99.2
GL= $449.43-$320.21 = $129.22
NG= $469.68-$373.92 = $95.76
Contribution margin/minute
TC= $99.2 / 8 =$12.4
GL= $129.22/7.1 =$18.2
NG= $95.76/7.60 =$12.6
Answer:
partnership
Explanation:
Based on the scenario being described it can be said that the business organization that Heather should set up is known as a partnership. This refers to a business arrangement between various parties in which they all parties involved share the business operation's profits and liabilities equally. Which is what Heather wants in this situation by bringing in other individuals to run the business with.
This question is usually asked during job interviews. The interviewer wants to know what skills and knowledge do you have that will help him/her tell if the job is really suitable for you. You will just have to enumerate the technical skills you are confident on based on your experience and previous lessons.