Answer:
1.Quinlan distribution has realized a loss of
$214,480 of which $0 is recognized.
2. The shareholder received property with a basis of $321,720
Explanation:
1.
When property is been said to be distributed to shareholders the amount of dividend equal to the fair value of the said property which is $321,720 on the date of the distribution. Therefore the amount of taxable dividend is $321,720 which is before the dividends received deduction.
Therefore;
Net loss which shall not be allowed ($536,200-$321,720)
=$214,480
Quinlan distribution has realized a loss of
$214,480 which is not allowed to be recognized
2. Adjusted basis of the property distributed is $321,720
Answer:
The given statement relates to bootstrap marketing strategies
Explanation:
In simple words, Bootstrap marketing relates to an advertising strategy usually used by entrepreneurs to create a business from the bottom up with little but private money and, luckily, money from the very first sale.
This method is usually used by start ups for capturing initial market share and with the expertise of an angel investor they can really go for high goals.
Answer:
d. $25,000
b. ($5,000) loss
Explanation:
In the first case, the gain or loss on this transaction is
Gain or loss on this transaction is
= Sale value of the land - adjusted basis of the land
= $110,000 - $85,000
= $25,000
We ignored the fair market value of the land for computing the gain or loss of the transaction
In the second case, the gain or loss on this transaction is
Gain or loss on this transaction is
= Sale value of the land - fair market value
= $80,000 - $85,000
= -$5,000 loss
Considering the business planning strategies, the phase of the goals-based strategic planning that involves an in-depth analysis of the company and its competitors is "<u>Analyze the situation</u>."
This is because, during this stage, firms can carry out an analysis that is often called SWOT analysis.
This allows the business firms to carry out the analysis on their own strength, weakness, and then opportunities and threats of their competitors.
Some other the phases of the goals-based strategic planning include the following:
- Set direction;
- Define strategies;
- Deploy plan
Hence, in this case, it is concluded that the correct answer is "<u>Analyze the situation."</u>
Learn more here: brainly.com/question/2827364
Answer:
$8,171.37
Explanation:
first we must find the value of their account before they start receiving the distributions, (i.e. how much money they need to have in 20 years):
present value = annual payments x annuity factor
- annual payments = $30,000
- annuity factor (PV, 4%, 10 periods) = 8.1109
present value = $30,000 x 8.1109 = $234,327
now we need to calcualte the annual contribution in order to have $234,327 in 20 years:
future value = annual payment x annuity factor
annual payment = future value / annuity factor
- future value = $234,327
- annuity factor (FV, 4%, 20 periods) = 29.778
annual payment = $234,327 / 29.778 = $8,171.37
