Answer:
$950,000
Explanation:
As per IRS section 332, in the case when the parent company received a property when the complete liquidation of subsidiary company is done so the receipts of such property would not recorded either any loss or gain. Also the basis of the parent company assets would be carry over basis.
So here the basis would be $950,000
The same is to be considered
Answer:
The last step in planning process is the implementation part. The planning should be put into action so that business objectives may be achieved. The implementation will require establishment of policies, procedures, standards and budgets.
C) When used, both take money directly out of a bank account.
You're Correct!, Good job (:
Answer:
It must be found that the income of a home flows in a very habitual way day by day because the expenses that are generated in the daily living are many.
Regardless of the number of family members that make up a household, the flow of income will always correspond to a good or benefit to satisfy a basic or secondary need.
Explanation:
Other income that can flow from a household are those that are made through bank transactions, for scholarship payments, credit cards, or other types of transactions that allow households to make a profit.
Answer:
Using the compounding formula we can calculate the amount that I will earn by calculating the difference between the Future value of the investment and the amount invested.
Step 1 Find Future Value
FV = Present Value * (1+r)^n
So
Future Value = $750,000 * (1+9%)^1
FV = $817,500
Step 2 Find the Difference between he Future value of the investment and the amount investment
And the amount invested is $750,000
The amount I can withdraw = FV less The amount invested
The amount I can withdraw = $817,500 - $750,000 = $67,500
So the amount that I will earn and I can withdraw annualy is $67,500.
