Answer:
No
Explanation:
Grebe Corporation's holding period includes the holding period of the property transferred .
The transferor-shareholder's holding period, as to stock received for a capital assets, includes the holding period of the property transferred .
The holding period for stock received for any other property begins on the day after the exchange.
From the above explanation it is clear that, Grebes holding period for the porperty will not be the same as the shareholders holding period for the stock.
Answer:
In simple words, by treating the employees well in the organisation businesses can get a lot of unexpected profits besides the lower cost due to lower employee turnover.
Employees in such organisation will always be motivated to work hard and self align their interests with objectives and goals of the organisation. Also employee satisfaction leads to lesser conflict with the workplace which further leads to more efficiency.
I would say your answer is A.
Glad I could help, and good luck!
Answer:
$2,560,000
Explanation:
impairment loss = division's book value - division's fair market value = $3,080,000 - $2,320,000 = $760,000
Assets held for sale are no longer depreciated, but they must be recorded at lower value between carrying cost and fair market value. Since the fair market value is lower than carrying value, then an impairment loss results.
loss on discontinued operations = loss from operations 2019 + impairment loss = $1,800,000 + $760,000 = $2,560,000