Answer:
investment in FedEx = 4410000
Unrealized holding gain = 420000
Explanation:
given data
FedEx common stock = 42,000 shares
market value = $95
market value = $105
to find out
what amount will it be reported in the 2019 balance sheet
solution
we know that It is coming under available for sale security since the shares hold is less than majority of outstanding shares
and here
investment in FedEx =42,000 × 105
investment in FedEx = 4410000
and
Unrealized holding gain is = ( 105 - 95 ) × 42000
Unrealized holding gain = 420000
Answer:
$1 par value
Explanation:
The computation of the par value of the stock after the split is given below:
= $200,000 ÷ (100,000 × 2 )
= $200,000 ÷ 200,000
= $1 par value
Hence, the par value of its stock after the split is $1 par value
We simply divide the balance by the number of outsanding shares so that the par value could come
Answer:
Gary's Basis in the partnership interest is $155,000
Explanation:
Particulars Amount ($)
Adjusted Basis Of Land 250000
Mortage*Share In Percentage ($200000*50%) (100000)
Additional Borrowing*Share In Percentage ($50000*50%) (25000)
#Difference*Share In Percentage ($100000-$40000)*50% 30000
Basis 155000
Difference:
Net Income 100000
Distribution Of Each Partner*2 ($20000*2) (40000)
Answer:
$12,500
Explanation:
Calculation for the total amount removed from Joshua’s estate in 2017
Since we were told that In 2016, Joshua gave the amount of $12,500 to his son in which in the same year which was 2017, the XYZ shares are worth the amount of $25,000 which means that the total amount removed from Joshua’s estate in 2017 will be $12,500 ($25,000-$12,500).
Answer:
The answer is C. Money Laundering
Explanation:
Solution
From the question stated it can be described as a crime of money laundering.
Money laundering involves the use of illegally obtained money for legitimate purposes.
In this scenario, Jeff uses $15,000 from his illegal sales of drug paraphernalia for setting up a toy store. The origin of the money, which was obtained through illegal method was hidden.
Robbery and larceny are examples of theft that involves stealing items of value from another person. Embezzlement is also a kind of theft. It involves withholding of items with the intention of theft
.
