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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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<span> i would say this scheme would yield the most significant results:stratify adult residents into three strata: college students, nonstudents who work full time, nonstudents who do not work full time. This way the results could be related to a particular demographic group so would say something about each group rather than just a random sample. </span>

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3 years ago

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andrew11 [14]

Answer:

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2 years ago

On January 2, 2018, Ava Co. issued at face value $53,300 of 9% bonds convertible in total into 9,649 shares of Ava's common stoc

aalyn [17]

Answer: $123,583.90

Explanation:

Given the following Parameters,

Net income = $120,226,

Interest rate = 9%

Tax = 30%

The following formula then applies,

Diluted EPS = (Net income + Interest after tax)/Total outstanding shares outstanding

Now, Interest(Before tax) = $53,300 * 0.09 = $4797

Now we have to calculate it After Tax

= 4,797 (1-tax rate)

= 4,797(1-0.3)

= $3,357.90

The numerator is,

= (Net income + Interest after tax)

= 120,226 + 3,357.90

= $123,583.90

The numerator in the diluted earnings per share calculation for 2018 would be $123,583.90

4 0

3 years ago

Read 2 more answers

A company had $7,040,000 in net income for the year. Its net sales were $15,600,000 for the same period. Calculate its profit ma

ivann1987 [24]

The measure of a product, service, or company's profitability is its profit margin. The bigger the percentage representing the profit margin, the more profitable the company is.

Profitability is gauged by profit margin. Finding the profit as a proportion of revenue is used to calculate it.

Profit margin=44.9%

Explanation to the answer:

Profit margin =Net income / sales

=7,050,000 / $ 15,700,000

=0.44904

=44.9%

Profit margin =44.9%

Learn more about profit margin here brainly.com/question/24161087

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2 years ago

The conferences were scheduled for; October 1, November 1, and December 1. The conferences were scheduled for: October 1, Novemb

ololo11 [35]

Complete Question: in order

<em>Identify which option in the following groups is punctuated correctly</em>

a. The conferences were scheduled for; October 1, November 1, and December 1.

b. The conferences were scheduled for: October 1, November 1, and December 1.

c. The conferences were scheduled for October 1, November 1, and December 1.

a. Working for a larger company has its advantages; consequently I have decided to stay here another year.

b. Working for a larger company has its advantages consequently, I have decided to stay here another year.

c. Working for a larger company has its advantages; consequently, I have decided to stay here another year.

a. The meeting started at noon: it lasted until late in the evening.

b. The meeting started at noon; it lasted until late in the evening.

c. The meeting started at noon, it lasted until late in the evening.

a. The company meeting is this afternoon; therefore please take a shorter lunch break.

b. The company meeting is this afternoon; therefore, please take a shorter lunch break.

c. The company meeting is this afternoon therefore, please take a shorter lunch break.

Answer:

1. option c

2. option c

3. option c

4. option c

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3 years ago