Which of the following is not true about a good resume?

ABC Corporation distributes property to its sole shareholder, Andre. The property has a fair market value of $350,000, an adjust

saul85 [17]

Answer:

ABC has a gain of $145,000 and Andre's dividend income is $130,000

Explanation:

Property ABC issued, has the following:

fair market value = $350,000

Adjusted basis = $205,000

Liability = $220,000

Calculate ABC's Corporation gain:

Gain = market value - Adjusted basis

= $350,000 - $205,000

= $145,000

ABC has a gain of $145,000

Calculate Andre's dividend income since he is the sole shareholder:

Dividend earnings = fair market value - liability

= $350,000 - $220,000

= $130,000

Andre's dividend income is $130,000

Correct option is D.

With respect to distribution, ABC has a gain of $145,000 and Andre's dividend income is $130,000

8 0

3 years ago

Because of the relatively high interest rates, most consumers attempt to pay off their credit card bills promptly. however, this

Lisa [10]

The answer is <span>c. what proportion of the bank's visa cardholders pay less than $15 in interest? as that is the best question.</span>

7 0

3 years ago

Net Games Corporation hires Holley, a minor, to create new customized game software for certain clients. Holley signs a contract

Nuetrik [128]

Answer:

because he was not a big boss voting in his own version and was just about the same questions that he was doing in his first place to help him out

8 0

3 years ago

Pat can either drive to work, which takes half an hour and uses $1.50 worth of gas, or take the bus, which takes an hour and cos

Harrizon [31]

Answer:

pat should drive if saving half an hour is worth $0.50 or more

Explanation:

Marginal cost is the additional cost generated by producing an additional unit of output.

Marginal cost of taking the bus = 1 / 2 = 0.50

Marginal utility is the additional utility derived from consuming one more unit of a good

Marginal utility per good = marginal utility / price of the good

Pat should take the action that would yield him the highest utility given the marginal cost

So,pat should drive if saving half an hour is worth $0.50 or more

7 0

3 years ago

Both Phoebe and Connor are trying to maximize their lifetime income. Each has a different plan on how to do it best. Phoebe clai

andrew11 [14]

The correct answer is C. By attending college, Connor actually stands better prospects to earn a significant salary throughout his lifetime. Employees having gone through post-secondary education generally earn more income than those who have not studied till college. The simple reason is, by attending college, you acquire sharper knowledge and insights of disciplines you wouldn't otherwise have access to. You get skills that are in line with a demanding and fast-paced environment. People often regret not attending college because they could have grabbed a certificate that could have been a stepping stone for professional opportunities and higher incomes.

7 0

3 years ago

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