Answer:
Ramon’s basis in the stock he receives in his corporation is $84,000
Explanation:
The computation of Ramon’s basis in the stock received in his corporation would be $84,000 as this amount reflect the adjusted basis of the assets transferred to the corporation.
These assets include inventory, building, and land. So, the total amount of the total assets would be received i.e based on an adjusted basis, not the fair market value
Answer:
Following are the responses to the given question:
Explanation:
The progress throughout the financial sector does not take a confined path. One can move to more responsible roles when you're on the broad route to changing industries, receiving certificates, or switching disciplines — without even being derailed. Select from the range of staff inside the broad fields of public accountancy. You could be a lead financial official or a partner in a company of qualified checksum. A height of your career.
Although the accounting foundation is founded upon consistent accounting practices, the accountants can apply this theory in many various ways.
Employment accounts governmental and non-profit:
- Accounting Fund
- Jobs of IRS
Public Accounting Jobs:
- Estimated Cost
- Forensic Accountable Enrolled Agent
- Immobilien Assessor
- Accountant Taxation
- Fiscal Prosecutors
- Preparing tax
Jobs in private accounting:
- Clerk of Accounting
- Payable/Deputy Clerk Accounts
- System Accounting Specialist
- Actuarial accountant/accountant insurance
- Bookkeeping
- Analyst for the budget
- Accountant of capital
- Financial Controller/Control Office
- Accountant costs
- Measurement of environmental accountant/sustainability
- Accountant payroll
Fiscal Services:
- Specialist in Business Valuation
- Certificated Financial Planner
- Fiscal Analyst
- Advisor on taxes
Accounts only include the cash that can be represented financially. Some individuals call accountancy "the language of business," as well as its objective is to allow accountancy users to make better choices
This included many tasks performed by the CPAs for its clients:
- Asset records collection and maintenance
- Assess banking transactions and make key management for optimum financial practices
- Reviewing accounting system and financial accounting to verify that they are effective and conform with approved accounting standards and procedures
- Tax documents and related tasks
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
a) What is the present value of $34,900 due 9 periods from now, discounted at 9%
We need to use the following formula:
PV= FV/(1+i)^n
PV= 34,900/1.09^9= $16,068.83
(b) What is the present value of $34,900 to be received at the end of each of 12 periods, discounted at 8%
First, we need to find the final value:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {34,900*[(1.08^12)-1]}/0.08= 662,301.71
PV= 662,301.71/(1.08^12)= 263,009.12
The answer is <span>when second republic bank lends out all of its new excess reserves to hubert</span>
