Answer:
Alexandra took the land subject to the $100,000 liability. Therefore the Alexandra’s basis in the land is $200,000.
Explanation:
in the current scenario "Dove Corporation distributes all of its property in a complete liquidation. Alexandra, a shareholder, receives land having a fair market value of $200,000". Thus, the Basis of property received in a complete liquidation is the property's fair market value on the date of distribution, or %200,000
Answer:
Not involved In the production process
Eg. Selling expenses or advertising expenses
Answer:
1 m/s2
Explanation:
The force on a body ( which is a pull or push) is given by the formula
F = Ma
where F is the force, a is the acceleration and M the mass of the body
Therefore, given that the same force is applied to both bodies,
0.058 × 10 = 0.58 × a
a = 0.058 × 10/0.58
a = 1 m/s2
The acceleration of the basketball will be 1 m/s2.
Answer:
The answer is B.
Explanation:
Gross profit is the difference between a company's net sales or total revenue and cost of sales or cost of goods sales.
Sales revenue is $433,000
Cost of Goods Sold is $240,000
Remember that Gross profit is Sales revenue - cost of goods sold.
Sales revenue----------------------------$433,000
Minus: Cost of Goods Sold----------$240,000
Gross profit--------------------------------<u>$193,000</u>
