Answer:
The answers are:
- Jerry must recognize $0 of gain on the transfer of the rental house
- Sally's tax basis is $80,000
Explanation:
Capital gains taxes are usually excluded when you sell a house or transfer the house in a divorce settlement. The exclusion is up to $250,000 of capital gains.
Since Sally didn't buy the house, but received it as part of their divorce settlement from Jerry, the same cost basis will apply to Sally.
Answer:
Sarbanes Oxley act of 2002 is law of United States passed on 30th July 2002. This act helps to protect investor from fraudulent financial reporting by organizations. The act requires all companies to include report on their internal controls in the Financial reports.
Explanation:
The section 302 of the act directs the Securities and Exchange Commission to adopt rules to adopt financial officer who certify company's annual, interim and quarterly financial reports. The main purpose is to minimize any chance of intentional frauds or deceive investors. The officers review financial reports of the company and certify that these reports does not cover any significant wrong statement, Financial statements of the company are fairly presented based on the knowledge of the officer. He is also responsible to review the report of internal controls of the company to ensure that there is no weakness in controls which can lead to frauds in the organization.
Answer:
No.
Explanation:
You said if you <em>charge</em>, so it will only charge your phone. You aren't able to upload photos directly to an Xbox.
Although, if you are pc, you can upload a custom gamerpic easily.
(An example would be a gamerpic, you need the app in order to have a custom gamerpic because it accesses your files).
Answer: The answer is: aggregating prospective buyers into groups that have common needs and will respond similarly to a marketing action.
Option E.
Explanation: Market segmentation is the process of dividing a broad consumer base or business market, that often consists of both existing customers and potential customers, into sub-groups of consumers who share a similar need or characteristic, and will respond similarly to a marketing strategies.
The importance of market segmentation is that it ensures that a firm/company will precisely reach a consumer with specific needs and wants.
The Answer Is In Fact "Liquefaction".
Hope I Helped :)