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Goryan [66]
4 years ago
5

Koch traded machine 1 for machine 2. Koch originally purchased machine 1 for $75,500 and machine 1's adjusted basis was $40,250

at the time of the exchange. Machine 2's seller purchased it for $64,750 and machine 2's adjusted basis was $55,250 at the time of the exchange. What is Koch's adjusted basis in machine 2 after the exchange?A. $40,250B. $49,750C. $55,250D. $75,500E. None of the choices are correct
Business
1 answer:
ankoles [38]4 years ago
7 0

Answer:

The correct answer is A that is $40,250

Explanation:

Adjusted basis is the term which is defined as it comprise of a change to the recorded at the initial cost of the security or asset. The cost of the security or asset is the initial recorded value, which is to be paid in order to acquire that security.

The exchange stated or qualify as a exchange of like kind. As no boots was transferred, therefore, the Koch basis in the new machine is the basis of the old machine. The adjusted basis of Koch in machine 2 after the exchange will amount to $40,250.

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Please study the case about the "Time Warner Cable" on page 467 and write an analytical and evidence based paper of minimum five
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American cable television company Time Warner Cable (TWC), also known as Time Warner, was founded by William Time Warner in 1983.

After Comcast, it was the second-largest cable company in the United States, operating in 29 states before being acquired by Charter Communications. New York City's Time Warner Center served as the company's corporate headquarters, with additional offices in Stamford, Connecticut, Charlotte, and Herndon.

Time Warner and America Online merged on January 10, 2000, creating the largest company in history. When Time Warner and AOL were combined as a media conglomerate (Bagdikian), Time Warner was worth $163 billion and AOL was worth $120 billion (Bagdikian). Aspire to Time Warner, and you'll be on your way! A 6 percent increase over 2003 earnings brought in $42.089 billion in revenue in 2004. (Gohring).

Due to the nature of the publishing industry, Time Warner's publishing division generates a small amount of revenue. Small, niche audiences are the focus of magazine businesses. Since Time Warner owns over 100 magazines, it may not make a lot of money (relatively) from its publishing activities.

Time Warner's filmed entertainment business is at the other end of the revenue spectrum. About 26 percent of Time Warner's revenue came from film ventures in 2004. The major producers are Warner Bros. and New Line Cinema.

Because a film's distribution must go through before it can be released the  Five years ago, the DVD sales of current and past television shows were non-existent.

The DOJ declined the request. It's no secret that Time Warner Inc. has been a hot topic in recent years.

Businesses that operate at different points in the supply chain are brought together in a vertical merger. As a general rule, antitrust enforcers treat vertical mergers more leniently than horizontal mergers between direct competitors. Due to the absence of a competitor after a vertical merger, their ability to reduce competition in the market is less clear.

AT&T and Time Warner closed their deal two days after Judge Lyon's ruling, and the DOJ announced it would stay Judge Lyon's decision pending a possible appeal. Installation is not required. It was only after AT&T sent the DOJ a letter requesting that the parties meet before February 2019 or until the conclusion of an appeal that the DOJ agreed to this.

Judge Lyon's ruling changed certain facts and evidence, but it should not be interpreted as removing all antitrust barriers to a vertical merger. A vertical merger based on competition is difficult to challenge, but this case illustrates the difficulty of doing so. There is no presumption of loss in a vertical merger, as Judge Lyons noted in his opinion.

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Learn more time warner cable impact the operations and decisions.

brainly.com/question/14950352

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