Answer:
$33,000
Explanation:
The computation of the amount realized by X corporation is given below:
= Fair market value to the exchange + cash received
= $25,000 + $8,000
= $33,000
For determining the amount realized by X corporation we simply added the above two items so that the correct amount could come
Answer:
Jack
Explanation:
He is the one who twisted his ankle. It was not in the restaurant, so the restaurant is not in charge of it.
Answer:
=$2,000 ($1,000 + $4,000 - $3,000)
Explanation:
Capital loss carryover is the amount of net capital losses eligible to be carried forward into future tax years.
Net capital losses = Total capital losses - Total capital gains
Net capital losses can only be deducted against ordinary taxable income up to a maximum of $3,000 in any one tax year.
Net capital losses exceeding the $3,000 threshold can be carried forward to future tax years until exhausted.
There is no limit to the number of years a capital loss can be carried over.
Answer: Option D
Explanation: In simple words, controlling refers to the function of management in which manager sets the standards of performance, compares the performance with the standards and take corrective actions in case of any discrepancy.
Controlling helps the organisation to achieve its goals by making the employees working towards the same goal determined in the planning stage. Controlling sets the standards of performance for the employees which works as a guide in their job.
Hence the correct option is D.
You are complying with the norm of reciprocity. The norm of reciprocity is a type of social norm that requires a person to understand the need to respond other person's favor by returning the benefits given from that favor. This type of norm is being studied by the organization. The organization uses the perceived organizational support and perceived psychological contract violation for the measuring tool<span>.</span>
