Answer: A. $25,000 B. $90,000 C. $25,000
Explanation:
A.
Land $100,000
Stock 25,000
Amount realized 125,000
Less: Adjusted basis (90000)
Recognized gain $35,000
When you receive book in an exchange which is similar or like kind, then the recognized gain is the lesser of either the boot or recognized gain. Here the lesser is the boot received which is $25,000. Therefore, recognized gain is $25,000
B.
Because the recognized gain is taken as $25,000 rather than $35,000. The $10,000 amount is considered as postponed gain. Hence,
$100,000 (land worth) - $10,000 (postponed gain) = $90,000 - basis of new land.
C.
The worth of the stock is the basis in the stock received. Which is $25,000
Answer:
Entrepreneurs. people who own, operate, and take the risk of a business venture.
Answer:
Integration
Explanation:
Intergration can be defined as a scenario where a group of people with a particular culture decide to adopt another culture without sacrificing characteristics of their present culture.
In the given scenario Bark Bite has two sets of employees with overlapping values they can use to form a new culture. If the different groups adopt the new culture without sacrificing their old one it is called culture intergration.
This is the type of cultural merge the company needs at this time
Answer:
1. MS Excel File is attached for the solution. Please find that.
2. Contribution income statement for the year
$
Sales (45000 x 16 ) 720,000
Less: Variable Cost (45,000 x 6) <u>270,000</u>
Contribution Margin 450,000
Less: Fixed Cost <u>300,000</u>
Net Income <u>150,000</u>
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xlsx
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Based on the total number of shares in circulation, we can infer that the number of shares issued was<u> 150 shares. </u>
The shares issued are those that the company sold to the public out of those that were authorized to them.
To find the issued shares, use the formula:
<em>= Shares outstanding + Treasury shares </em>
= 100 + 50
= 150 shares
In conclusion, 150 shares were issued.
<em>Find out more at brainly.com/question/15867835. </em>
