Answer:
Which party to the exchange must pay boot to make the exchange work?
- Rufus must pay boot since the FMV of its property is less than the FMV of Hardy's property.
How much boot must be paid?
- $90,000 - $77,500 = $12,500
Assuming the boot payment is made, how much gain or loss will Rufus realize and recognize on the exchange, and what tax basis will Rufus take in the property acquired?
- Rufus doesn't have any gain, and the tax basis for the new asset will be $50,000 + $12,500 = $62,500
Assuming the boot payment is made, how much gain or loss will Hardy realize and recognize on the exchange and what tax basis will Hardy take in the property acquired?
- Since Hardy's property basis is $60,000 and it would be receiving $50,000 (Rufus's property) + $12,500 = $62,500, then it must recognize a $2,500 gain. The basis of Hardy's new property will be $62,500.
Answer:
E = 1.20 × 
N/C
V = 1800 V
x = 0.058 m
Explanation:
given data
radius = 15 cm
net charge = 3 × 
C
electric potential decreased = 500 V
solution
we get here electric field at the sphere’s surface that is
electric field at the sphere’s surface E = 
............1
put here value
electric field at the sphere’s surface E = 
E = 1.20 × N/C
and
potential on surface of sphere is
V = 
................2
V = 
V = 1800 V
and
now we get distance that is x
and we know here
ΔV = V(x) - V ..............3
substitute here value
-500V = 
-500 V = 
solve it we get x
x = 0.058 m
Answer:
C. $ 8,606 million
Explanation:
By the accounting equation you now that :
Total Assets = (Total Liabilities + Owner’s Equity)
In this case it´s
$40,091 = $31,485 + $8,606
It means that the company works with total assets, but it needs to finance these assets through liabilities (mainly suppliers of any kind) and equity, which is the money that the owner put in the company hoping to make a profit.
Answer:
The correct word for the blank space is: direct.
Explanation:
Foreign Direct Investment is a type of cross-border investment to create a lasting interest that a resident company based in one country could have in a company operating in another. Lasting interest implies a substantial degree of interest in the company's management as well as establishing a long-term relationship between the direct investor and the direct investment business.
Answer:
The correct answer is A
Explanation:
There is a direct relationship among the adequacy of the internal control as well as the ability of the auditor to rely on the procedures of the substantive analytical. When the entity does not have the efficient internal controls, then the auditor will rely on the procedures.
There is an inverse relationship among the RMM ( stated as risk of the material misstatement) as well as the ability of the auditor to rely on the procedures. And high RMM states that the internal control cannot be relied on to detect the material misstatement on the financial statements, which cause the auditor to rely on the tests of controls.
And there is a direct relationship among the predictability of the relationships among the data and the ability of the auditor to rely on the procedures. When the relationships are predictable, then the auditor could create a meaningful expectations which cause the procedures to be more efficient in detection of material misstatement.
