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pogonyaev
3 years ago
6

ROBERTA transfers property with a tax basis of $400 and a fair market value of $500 to a corporation in exchange for stock with

a fair market value of $350 in a transaction that qualifies for deferral under section 351. The corporation assumed a liability of $150 on the property transferred. What is the amount realized by Roberta in the exchange? A. $500 B. $400 C. $350 D. $250
Business
1 answer:
Neporo4naja [7]3 years ago
5 0

Answer:

correct option is A. $500

Explanation:

given data

tax basis = $400

fair market value = $500

fair market value = $350

liability = $150

solution

we get here  amount realized by Roberta in the exchange that is express as

= fair market value of the stock receive +  from the liability  ...................1

amount realized = $350 + $150

amount realized = $500

so correct option is A. $500

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Answer:

D) 475 million

Explanation:

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Unemployed Worker = 19 million

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6 0
3 years ago
What information does a supply schedule provide?
lesya [120]

Answer:

See below

Explanation:

A supply schedule shows the quantities that suppliers are willing to sell in the market at different prices. It is a table format with quantity on one column and prices on another. As per the law of supply, high prices lead suppliers to supply more at the market.

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3 years ago
The doctrine that makes a defendant liable even if the defendant is without fault is called...
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<span>C: strict liability

I hope this helped ya :)</span>
4 0
3 years ago
You found your dream house. It will cost you $300000 and you will put down $30000 as a down payment. For the rest you get a 30-y
Andrews [41]

Answer:

$1,282.80

Explanation:

The PMT formula is used for this question. The attachment is shown below:

The NPER shows the time period

Given that,  

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Future value = $0

Rate of interest = 4% ÷ 12 months = 0.33%

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The formula is shown below:

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The present value come in negative

So, after solving this, the answer is $1,282.80

5 0
3 years ago
The manager of a retail store notices that 7% of the inventory is missing. She doesn’t know if the merchandise was stolen, lost,
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Answer:

<u>(D) ​inventory obsolescence</u>

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