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2 years ago

Which of the following is not true of taxable asset purchases?

Business

1 answer:

shutvik [7]2 years ago

6 0

Answer:

e. None of the above

Explanation:

The taxable asset purchases allows the individual to increase or step up the tax basis of acquired assets so as to reflect the price of the purchases made.

If one buy an assets, then he or she wants to allocate total purchase price in a way which gives a favorable postacquisition tax results.

In case of taxable asset purchases, the tax credits or the net operating losses cannot be transferred from the target firm to the acquiring firm.

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Debit Advertising expense $400, credit accounts payable 400.

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3 years ago

Howard Cooper of Owens Corning Fiberglass talks to David Weekley, a homebuilder, to find out how much fiberglass insulation he i

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1 year ago

The Menendez family has a net income of $4,500. The chart shows their cost-of-living percentages. How much do they spend on tran

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450$
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2 years ago

Think about choices to include and choices to avoid when developing a mission statement. Drag and drop each of the following phr

sergeinik [125]

Answer and Explanation:

The categorization is as follows:

For Poor Mission Statements:

1. Lists all or all kinds of the products the organization sells

2. is product-oriented

3. is very broad or wide

4. is less or lower than seven words

For Good Mission Statements:

1. Addresses customers the organization serves

2. Is meaningful and relevant

3. Is specific and determined

4. Describes the business the organization is in

5. is market-oriented

6. States what the organization wants to accomplish or achieve

8 0

2 years ago

Your investment banker has presented you with the following list of business characteristics of a small company your company is

wariber [46]

Answer:

Explanation:

The list contains more weaknesses than strengths

The list of weaknesses are:

Excess manufacturing capacity relative to market; If you are producing more than you are selling then its a weakness

Large inventories; that dont sell its a weakness

Lack of management depth; means that management does not have a proper foundation

Management turnover; if you keep changing management it will affect the company as skilled workers will be leaving

The list of strengths are:

Cost advantages; cost advantage against your competitors is an added strength

Market leadership; having a large market share is equally an advantage

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2 years ago