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My name is Ann [436]
3 years ago
14

When bruno's basis in his llc interest is $187,200, he receives cash of $74,880, a proportionate share of inventory, and land in

a distribution that liquidates both the llc and his entire llc interest. the inventory has a basis to the llc of $46,800 and a fair market value of $59,904. the land's basis is $84,240 and the fair market value is $74,880. how much gain or loss does bruno recognize and what is his basis in the inventory and land received in the distribution?
Business
1 answer:
adoni [48]3 years ago
7 0
<span>If Bruno's basis in LLC interest is $187,200 he receives $74,880 cash. Bruno's basis in inventory is $51,346 and his basis in land is $64,183. The total value Bruno has in cash, inventory, and land is $190,409. Bruno recognized a gain of $3,209.</span>
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The Sports Club plans to pay an annual dividend of $1.20 per share next year, $1.12 per share a year for the following two years
Delicious77 [7]

Answer:

$9.63

Explanation:

Data provided in the question:

Year              Annual dividend paid

   1                                      $1.20

   2                                      $1.12

   3                                      $1.12

   4                                      $14.20

Now,

Year       Annual dividend paid        Present value factor     Present value

   1                              $1.20                          0.84246               1.011

   2                             $1.12                          0.84246               0.7949

   3                             $1.12                          0.59793             0.6696

   4                             $14.20                       0.50373             7.1529

===============================================================

Worth of stock = 1.011 + 0.7949 + 0.6696 + 7.1529

= $9.6284 ≈ $9.63

Note:

Present value factor = [ 1 ÷ (1 + 0.187)ⁿ]

here,

n is the year

7 0
3 years ago
When using ________ financing, the company incurs a legal obligation to repay the amount borrowed. debt equity retained earnings
Leni [432]
When using Debt financing, the company incurs a legal obligation to repay the amount borrowed. Retained earnings assign to the percentage of net acquiring not to paid out as dividends, but retained by the company to be reinvested in its core business, or to pay a debt.
6 0
3 years ago
When the price of candy bars decreased from $0.55 to $0.45, the quantity demanded changed from 19,000 per day to 21,000 per day.
just olya [345]

Answer:

0.5

Explanation:

A screenshot is attached to get the full solution

Since the coefficient is < 1, it is inelastic

8 0
3 years ago
Helen Heartwell flew to New York City a few weeks after the September 11, 2001, bombing of the World Trade Center. She wanted to
Ymorist [56]

Answer:

<u>Phenomenological</u>

Explanation:

Helen Heartwell flew to New York City a few weeks after the  September 11 , 2001, bombing of the World Trade Center . She wanted to know how the victims of the attack were making sense of what had happened to them . Dr. Heartwell is probably employing<em><u> Phenomenological</u></em> qualitative research design.

Phenomenological is the study in which we can study about the phenomena of the human as they experienced in real pr may they lived that.

There are two main approach of Phenomenological they are descriptive and interpretive . In recent time , Phenomenological is used widely in any field. It considered the important aspect which a person experienced or lived , but not interested in the explanation .

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3 years ago
You notice a european call and a european put on a stock have the same strike price and time to maturity on an options exchange.
Ghella [55]

Answer: b. The put price decreases to $3.50

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If Put - Call Clarity holds then the options and the calls should move together when Volatility changes all else being equal.

In the above scenario, the price of the call DROPPED by $0.5 to $2.50.

This means that the Put Price must DROP AS WELL by $0.5 to $3.50 to maintain the Parity.

8 0
3 years ago
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