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lord [1]
3 years ago
11

Julie transferred a building with an adjusted basis of $240,000 for another building with a fair market value of $350,000 and $2

5,000 in cash. The exchange qualified as a like-kind exchange. The realized gain on the exchange was $
Business
1 answer:
NARA [144]3 years ago
7 0

Answer:

$135,000

Explanation:

The realized gain can be calculated as under:

Realized Gain = Market Value received    -   Adjusted Basis

Here

Market Value received is $375,000 (350k + 25k)

Adjusted Basis $240,000

By putting values, we have:

Realized Gain = $375,000 - $240,000 = $135,000

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A mid-sized firm plans to issue 10 million shares during an IPO. The underwriter plans to sell shares at $24.45; however, many i
HACTEHA [7]

Answer:

The answer is "\$243,400,000".

Explanation:

The medium-sized company proposes to issue 10 million IPO shares.

Its Contractor intends to purchase $24.45; this implies cash flows from

\to 10,000,000 \times 24.45= \$244,500,000

When the contractor pays an IPO cost of million, the company shall

In the IPO this would raise  

\to \$186,000,000 - \$1,100,000 = \$243,400,000

6 0
3 years ago
If a corporation has two classes of common stock, what is typically unique about the second or class b common stock?
Sliva [168]
If a corporation has two classes of common stock, the unique thing about the second or class b common stock would be:  <span>It has inferior dividend payments.
</span>Class b commons stock tend to be cheaper compared to class A common stock. Of course, to balance it out, the Company will give more dividend to the type A compared to the type B common stock
5 0
3 years ago
On January 1, 2019, Ola Company paid $388,900 for a $400,000 face value 3% corporate bond yielding 4%, interest paid annually on
shutvik [7]

Answer:

B. $15,556

Explanation:

As given in the question

Face value of bond = $400,000

Carrying value of bond = $388,900

Discount from par value = $11,100

Coupon rate = 3%

Bond yielding rate = 4%

Interest revenue for the year = Carrying value of bond x Bond yielding rate

Interest revenue for the year = 388,900 x 4%

Interest revenue for the year = $15,556

The correct option is B. $15,556.

8 0
3 years ago
The business cycle is thea.predictable changes in economic activity due to changes in government spending and taxes.b.irregular
Nitella [24]

Option B

The business cycle is irregular fluctuations in economic activity.

<u>Explanation:</u>

The business cycle is the constant rise and decline of financial growth that transpires overhead time. A cycle is a valuable mechanism for probing the market. It can further assist you to perform more reliable monetary choices. The state administration handles the business cycle.

The business cycle depicts the germination and bankruptcy in the making yield of assets and services in a marketplace. Business cycles are usually estimated relating to the boom and recession in the actual entire domestic goods or modified for inflation.

4 0
3 years ago
Sunset Foods relies on a highly centralized functional structure to ensure consistency in the quality and taste of its products
Rzqust [24]

Answer:

a. By establishing cross-functional teams.

Explanation:

Cross functional teams are the ones in which there are people from different departments. In this people from different departments works on the same common goal as set by the management to be achieved by the organization.

As the company has been working in the centralized functional structure, that means all the major decisions were taken by the executive management personnel, and accordingly the company can even in the establishment of cross functional team, can make this possible.

As all together each department will be working on this, and at the same time the management can keep access to the controls.

3 0
3 years ago
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