Answer:
Ramon’s basis in the stock he receives in his corporation is $84,000
Explanation:
The computation of Ramon’s basis in the stock received in his corporation would be $84,000 as this amount reflect the adjusted basis of the assets transferred to the corporation.
These assets include inventory, building, and land. So, the total amount of the total assets would be received i.e based on an adjusted basis, not the fair market value
Answer:
D. organizational
Explanation:
You must focus on both your personal life and profession. Just got the question right on apex.
Answer:
$0.25
Explanation:
The marginal cost of the sixth pencil is given by the difference in total cost of purchasing 6 pencils from the cost of purchasing 5 pencils. That is, the change in cost caused by the addition of the sixth unit of output:
The marginal cost of the sixth pencil is $0.25
Answer:
$31 million
Explanation:
The computation of the amount of cash paid to suppliers of merchandise during the reporting period is shown below:
= Costs of goods sold + increase in inventory - increase in accounts payable
= $33 million + $3.8 million - $5.8 million
= $31 million
The Costs of goods sold + increase in inventory is also known as purchase of inventory
