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Gemiola [76]
3 years ago
10

In general, the basis of property to a corporation in a transfer that qualifies as a nontaxable exchange under § 351 is the basi

s in the hands of the transferor shareholder decreased by the amount of any gain recognized on the transfer.
True / False.
Business
1 answer:
Shalnov [3]3 years ago
6 0

Answer

False

the basis of property to a corporation in a transfer that qualifies as a nontaxable exchange under § 351 is not the basis in the hands of the transferor shareholder decreased by the amount of any gain recognized on the transfer.

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Bonds are basically also known as what?
Karo-lina-s [1.5K]

bonds are basically known as

b)contracts

8 0
2 years ago
A bed mart company is in the business of manufacturing beds and
vladimir1956 [14]

The maximum daily profit for the company is $860

<h3>What is an inequality</h3>

Inequality is an expression that shows the non equal comparison of two or more variables and numbers.

Let x represent the number of bed and y represent the number of pillow, hence:

4x + 2y ≤ 40    (1)

Also:

2x + 4y ≤ 32   (2)

From the graph, the solution is at:

(8, 4)

Profit = 80x + 55y = 80(8) + 55(4) = $860

The maximum daily profit for the company is $860

Find out more on inequality at: brainly.com/question/24372553

3 0
2 years ago
Without _____, leaders can miss important signals that something is going wrong. question 2 options:
lisabon 2012 [21]
<span>Without feedback, leaders can miss important signals that something is going wrong.
</span><span>A communication path between them and their employees (a feedback) is very important in order the leaders to be successful and to achieve the desired results and goals.</span>
4 0
2 years ago
If Coca-Cola had all the human resources, operations, marketing, and accounting functions for the bottled water division at an o
astraxan [27]

Answer:

product

Explanation:

When a company is organized by product, it will structure its whole operation to cater to focus on that one product. This will include the way the arrange their production method, distribution strategy, marketing plan that they implemented, etc.

We can use coca-cola as an example.

They separate the office to cater specific products only. They do this to increase the efficiency of the production. Focusing only on one product  will make it easier for the workers to understand the type of customers that they face in the market and the type of  materials and production method that will be the most cost efficient.

6 0
3 years ago
Livingston Co. uses process costing to account for the production of elastic bands. Direct materials are added at the beginning
madam [21]

Answer:

The total cost per unit using the weighted average method would be:

$15,97  

Explanation:

                Materials   Conversion Costs  

Begining  $ 14,000         $ 8,000  

APRIL          $ 72,000        $ 80,000  

TOTAL          $ 86,000 $ 88,000  

Units               8,000   8,000  

                       100% 50%  

WIP                4,000   2,000  

TOTAL              12,000   10,000  

USD/Unit          7,17              8,80   $15,97  

3 0
3 years ago
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