Answer:
The corporation must recognize a $10,000 loss.
Explanation:
The last activity that a corporation must perform upon liquidation is to distribute property, assets or cash to its shareholders. The adjusted basis for any property or assets handed out in a complete liquidation is the fair market value of the property or assets.
In this case, the corporation's property had a basis of $40,000 but a fair market value of $30,000, so the distribution was done using the fair market value of $30,000.
I’m guessing a because the prefix is discret
Answer:
$1500
Explanation:
The government spending is the amount of money that is spent by the public sector. If government spending increased by $500 and taxes are reduced by $200. Equilibrium level of output is level at which aggregate demand equals to aggregate supply. The equilibrium output will change by $1500.
Answer:
a. $28,836
Explanation:
Total Material Moves (300 + 900) 1200
Rate per material move (38488/1200) 32.07333333
Allocated material moves for material handling
wall mirrors (38488/1200*300) 9622
Speciality windows (38488/1200*900) 28866
38488
Therefore, The material handling cost allocated to the speciality windows is closest to $28,836.