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Andrej [43]
3 years ago
15

Axle Corporation acquires 100% of Drexel Corporation's stock from Drexel's shareholders for $500,000 cash. Drexel Corporation ha

s assets with a $600,000 adjusted basis and an $800,000 FMV. The assets are subject to $200,000 in liabilities. Drexel Corporation shareholders purchased their stock eight years ago for $300,000. Axle Corporation's basis in the Drexel Corporation stock isA) $800,000.B) $600,000.C) $500,000.D) $300,000.
Business
1 answer:
kotykmax [81]3 years ago
8 0

Answer:

C) $500,000

Explanation:

According to Section 1012, the basis for stock is the purchase cost of stock.

Axle Corporation's basis in the Drexel Corporation stock is $500,000 .

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Answer: 20%

Explanation:

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Larry's parents divorced when he was 5. His father moved out of the area, and his mother is kept busy with trying to keep a roof
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Answer:

The correct word for the blank space is:  Permissive.

Explanation:

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4 years ago
How are SAE programs expanded and/or diversified?
harkovskaia [24]

Answer:

The SAE programs could be extended even diversified using the following techniques.  

Explanation:

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8 0
3 years ago
•<br> List three examples of lighting and give the purpose for each
jarptica [38.1K]

Answer:

The three examples of lighting are;

1. General lighting

2. Task lighting

3. Accent lighting

Explanation:

Lighting involves the use of electricity to serve a function. When designing a room, the type of lighting is important in achieving specific aesthetic purposes. The three examples of lighting are; General, task and accent lighting. They are further explained below;

1. General lighting

General lighting is usually meant to illuminate an entire room. It is supposed to make all corners of the room visible in it's entirety. It usually of a soft and flat nature to ensure that it looks as natural as possible. It;'s major function is to get one safely from one point to another. It's not meant for highlighting things on the space, rather the room should be viewed as one homogeneous space. A room of ambient light should give a warm feeling of relaxation especially after a stressful day. It allows the pupils to slightly dilate and also brings the mood of relaxation. Most yoga sessions usually prefer the use of ambient lighting during meditation. The following lights can be used to cause ambient light, namely; chandeliers, pendants, track, recessed and ceiling.

2. Task lighting

Task lighting usually covers a smaller area to illuminate that particular portion of the room. It is a much narrower and more concentrated type of light. Sometimes referred to as office lighting, this type of lighting works well one trying to concentrate on a specific task. They are majorly used when conducting activities that require a lot of attention that requires one to see more clearly.  The tasks can include; sewing, reading, cooking and writing. The task lighting is always effective when it is brighter than the general lighting in a room. When the lighting in the room is brighter than the task lighting, it causes a shadowy effect that affects visibility. Task lighting improves alertness by stimulating your brain to be more active and notice even finer details of your work. The following fixtures can assist in creating task lighting, namely; swing arm lamps, pendants, under cabinet and vanity.

3. Accent lighting

Accent lighting is a special type of concentrate light that serves two purposes. Accent lighting serves to illuminate specific objects or points in a room that are interesting while trying to shadow the dull parts of the same room. Accent lighting adds more flavor and drama to specific objects in a room and is mostly used on objects such as; art work, pieces of furniture, decorative book display and wall decorations. Accent lighting brings a mood of importance and sophistication towards the objects being highlighted. It is majorly used in museums, art shows and buildings with historical meaning. To create accent lighting, the following lights are recommended; Recessed, Wall lights, Landscape and Track.

7 0
3 years ago
Evidence by Blake, Elton, and Gruber indicates that, on average, actively managed bond funds ______. outperform passive fixed-in
Andrei [34K]

Answer:

The answer is: underperform passive fixed-income indexes by an amount equal to fund expenses

Explanation:

According to Blake, Elton, and Gruber (The Journal of Business, 1993), the only people who benefit from actively managed bond mutual funds are those that work for the mutual funds and not their clients.

They discovered that when the mutual funds increased their fees in 1%, the total performance decreases in 1%.

7 0
3 years ago
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