Answer:
b. Less than the effective interest rate
Explanation:
The stated discount rate on this loan is Less than the effective interest rate
As the note is noninterest-bearing note, the stated discount rate on this loan is less than the effective interest rate.
The answer is the letter "D" which is $400,000. It was clearly stated at the end of the problem that corporation's basis in the received is the same with Terry's basis in the property transferred which is the amount equal to $400,000.
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Answer:
Cross functional team
Explanation:
Cross-functional team - it is refer to that team that consist of people from different department and works for a common minimum program. The reason behind forming the Cross-functional team is to divide the work into the team and reduce the chances of politics that prevail within the department.
cross-functional teams help to synergies the environment that is comprised of different skills and experience and ultimately lead to creative outputs.
Objectives are like goals that you want to accomplish, strategies are the methods to get there