1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rainbow [258]
3 years ago
10

Roberta transfers property with a tax basis of $495 and a fair market value of $546 to a corporation in exchange for stock with

a fair market value of $356 in a transaction that qualifies for deferral under section 351. The corporation assumed a liability of $190 on the property transferred. What is the amount realized by Roberta in the exchange
Business
1 answer:
Volgvan3 years ago
5 0

Answer: $546

Explanation:

The amount realized by Roberta in the exchange will be gotten through the addition of the fair value of the stock that was acquired to the liability that's assumed by the corporation. This will be:

Fair value of stock acquired = $356

Add: Liability assumed by corporation = $190

Amount realised = $356 + $190 = $546

You might be interested in
What kind of risks can exist in a business?
andriy [413]
So many! Failing is the main one and losing everything
7 0
3 years ago
Read 2 more answers
How to convince granter that they should give me a chance?
lisabon 2012 [21]
Try to persuade Chance
5 0
3 years ago
Alpha Products maintains a capital structure of 40 percent debt and 60 percent common equity. To finance its capital budget for
ad-work [718]

Answer:

its weighted cost of capital for the coming year is 9.64%

Explanation:

WACC is the minimum return expected from a project. It shows the risk of the company.

<u>Calculation of WACC.</u>

Capital Source              Weight            Cost               Total

Debt                                  40%            6.60%             2.64%

Common Equity               60%             11.67%            7.00%

Total                                100%                                    9.64%

Cost of Debt = Market Interest Rate × ( 1 - tax rate)

                     = 11%×(1-0.40)

                     = 6.60%

Cost of Equity = (Next year`s dividend/Current Market Price of a share)+Expected growth rate

                       = ($1.40/$30)+0.07

                       = 11.67%

8 0
2 years ago
Would you rather be a juvenile prosecutor or defense attorney? Explain your decision.
balandron [24]

Answer:

<u>a defense attorney instead</u>

<u>Explanation:</u>

From a financial standpoint, a <u>defense attorney</u> would more likely make more money than a<u> juvenile prosecutor</u> because a defense attorney could charge up more for certain cases than been a juvenile prosecutor who wants to ensure someone is convicted.

Also, in terms of purpose, I do feel a defense lawyer could make more impact socially by defending his or her clients.

6 0
3 years ago
A promising new customer at a FINRA member firm has complained verbally to a registered representative that he lost $500 on the
GaryK [48]

Answer:

gkjhbjvghf

vghjbk,khn

Explanation:

4 0
3 years ago
Other questions:
  • Why should countries specialize in producing goods with which they have a comparative advantage rather than an absolute advantag
    15·1 answer
  • The demand function for a product is defined as Q = 24 – 2 P. If price is equal to 4, then the price elasticity of demand is A.
    6·1 answer
  • An Investment Adviser Representative has started a blog on the Internet to promote her services to interested parties. The blog
    9·1 answer
  • Do you believe self-regulatory practices are sufficient without governmental regulation to protect consumers? If not, what type
    13·1 answer
  • Jessica Salas, president of Salas Products, is reviewing the warranty policy for her company's new model of automobile batteries
    9·1 answer
  • CHEMISTRY! I need help for this experiment as well.. What is the observation for that both on the table? ​
    10·1 answer
  • The following costs result from the production and sale of 4,900 drum sets manufactured by Tight Drums Company for the year ende
    8·1 answer
  • The marginal physical product of labor is Group of answer choices the slope of the total output curve at the relevant point. the
    6·1 answer
  • _____ normally is the first asset listed on a balance sheet.
    11·1 answer
  • An asset is acquired by signing a note payable. The note does not indicate an interest rate, and the fair value of the asset can
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!