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Semenov [28]
3 years ago
7

Brody owns all the stock in Mongoose Corporation. Brody has a basis of $200,000 in the Mongoose stock, which currently has a fai

r market value of $500,000. Mongoose is merged into Chestnut Corporation. Brody receives Chestnut preferred stock worth $200,000 and common stock worth $300,000. Brody recognizes a gain of:______.
a. $300,000.
b. $100,000.
c. $200,000.
d. None of the above.
Business
1 answer:
oee [108]3 years ago
3 0

Answer:

d. None of the above.

Explanation:

Option D is correct because Brody has a basis of $200000 Mongoose stock and its market value is $500000. After the merger, Brody receives $200000 preferred stock and $300000 common stock which is equal to its market value of a stock before the merger so there is no gain.

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6 0
3 years ago
Wild plus, a television channel dedicated to wildlife, wanted to promote its new wildlife adventure series. the series was given
Sliva [168]

Answer:

D) public relations

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The opportunity cost of an action: Group of answer choices can be determined by considering both the benefits that flow from as
joja [24]

Answer:

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Explanation:

Opportunity cost is the cost or an expense or the value of the next best possible thing which the person or an individual gave up whenever make or take a decision.

In short, it is the loss of the gain that is potential from the other alternatives which are available when an individual or person selects the alternative.

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Answer ASAP will give 45 points
Licemer1 [7]
Sorry I’m not really sure of the answer
4 0
3 years ago
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