1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
stepan [7]
3 years ago
15

Erica transfers land worth $500,000, basis of $100,000, to a newly formed corporation, Robin Corporation, for all of Robin's sto

ck, worth $300,000, and a 10-year note. The note was executed by Robin and made payable to Erica in the amount of $200,000. As a result of the transfer:
Business
1 answer:
valentinak56 [21]3 years ago
5 0

Answer:

Robin Corporation has a basis of $300,000 in the land.

Explanation:

Options are <em>"a. Erica does not recognize gain.  b.  Erica recognizes gain of $400,000.  c.  Robin Corporation has a basis of $100,000 in the land.  d. Robin Corporation has a basis of $300,000 in the land.  e.  None of the above."</em>

<em />

Erica has a recognized gain of $200,000 which is the amount made payable to her through her receipt of the securities in Robin Corporation. The basis of the land to Robin would be equals to the basis Erica has in the land, $100,000 plus gain recognized by Erica $200,000 or $300,000.

You might be interested in
If you are using your factors of production at 100% efficiency, you will be A. on the curve B. at the top of the curve C. at the
STALIN [3.7K]

Answer: A. On the curve.

Explanation:

Production possibilities curve (PPC) is simply a graphical representation that is used to show different combinations of two goods which a particular economy can produce when the economy uses the resources it has efficiently.

Points on the curve shows that the resources in an economy are efficiently used, points on the interior of the curve shows that the resources are used inefficiently while the points that are beyond the curve shows are referred to as unattainable.

Therefore, if you are using your factors of production at 100% efficiency, you will be on the curve.

The answer is A.

5 0
3 years ago
Write a detailed note on process of MBO
sergeinik [125]

Answer:

the safe steps of the MBO process are Define organizational goals Define employees are objectives continuous monitoring performance and progress perform evaluation providing feedback performance appraisal. Define organizational goals goals are critical accused organizational Effectiveness and they served a number of purposes organizations can also have several different kinds of gold all of much would be appropriately managed and a number of different kinds of managers must be involved in setting goals the goals set by their superiors are preliminary based on an analysis and judgment as to what can and what should be accomplished by the organization within a certain period. Define employees objectives after making sure the employees managers have informed a pertinent General objectives strategies and planning premises the manager can then proceed to work with employees and setting their objectives asked what goals the employees believe they can accomplish and what time. And with what resources they will then discuss some preliminary thoughts about what go seem feasible for the company or Department. continuous monitoring performance and progress MBO process is not only essential for making line managers and business organization more effective but also equally important for monitoring the performance and progress of employees for monitoring the performance and progress the following are required identifying and effective programs by comparing performance with preestablished objectives using zero based budgeting applying Bo concept for measuring individual and plans preparing long and short-range objectives and plants installing effective controls and designing a sound organizational structure with clear responsibilities and decision-making Authority at the appropriate level. performance evaluation under the NBA process performance review is made by the precipitation of concern managers. providing feedback the filial ingredients in an MBO program and continuous feedback on performance and goals that allow individuals to Monitor and correct their own actions base continues feedback is supplemented by periodic formal appraisal meetings in which superiors and subordinates can review progress toward goals weight sled to further feedback. performance appraisal. performance appraisals are irregular view of employee performance with an organization it is down at the last stage of the MBO process.

hope this helps

4 0
3 years ago
6. The motivation people feel to buy a product​
mojhsa [17]
The correct answer would be Incentive.
Incentive is a thing that motivates or encourages one to do something.
3 0
4 years ago
You work for a leveraged buyout firm and are evaluating a potential buyout of UnderWater Company.​ UnderWater's stock price is $
sladkih [1.3K]

Answer:

a. The shareholders will want to tender their shares.

c.  The gain will be $25.31 million – $23.44 million = $1.87 million.

Explanation:

a. The value of the firm is 1.25 million shares* 15= $18.75 million.

Increase in value, 18.75*135% = $25.31 million, so now this is the value of the firm

If 50% of the shares are bought for $18.75 Million, you will buy 0.625 million shares, so the total amount that will be paid is $11.72 million.

Now, the money against shares will be borrowed as collateral. This means that the new value of the equity will be $25.31 million – $11.72 million = 13.59 million.

1.25 million shares are there so now the price of the share will be  =  $10.87 million ($13.59 million/$1.25 million = $ 10.87 million).

b.The price of the shares has decreased from $13.59 to $10.87 after the tender offer, everyone will want to tender their shares for $18.75.

c. Supposing everyone tenders the shares and you will buy at $18.75 per share, you will pay $23.44 (18.75 per share *1.25 million shares) to acquire the company and it will be worth $25.31 million.

The gain will be $25.31 million – $23.44 million = $1.87 million.

3 0
3 years ago
Cost assignment ________. Group of answer choices includes future and arbitrary costs encompasses allocating indirect costs to a
Vika [28.1K]

Answer:

encompasses allocating indirect costs to a cost object

Explanation:

Cost assignment -

It refers to the distribution of the cost in various objects and activities which initiate the proper bifurcation of the costs , is referred to as cost assignment .

The method is used in the activity - based costing .

It is also known as cost allocation .

All the direct and indirect cost are allotted with the help of cost assignment .

Hence , from the given information of the question ,

The correct answer is -

encompasses allocating indirect costs to a cost object .

4 0
3 years ago
Other questions:
  • The Volt Battery Company has forecast its sales in units as follows: January 2,900 February 2,750 March 2,700 April 3,200 May 3,
    14·1 answer
  • Becky's Bakery sells three large muffins for every two small ones. A small muffin sells for $3.50 with a variable cost of $2.00.
    10·1 answer
  • Which were important characteristics of Sparta's government? Select the two correct answers.
    8·2 answers
  • You are considering buying common stock in Grow On, Inc. You have calculated that the firm's free cash flow was $8.00 million la
    11·1 answer
  • ANSWER QUICKLY PLEASE
    14·1 answer
  • On the basis of the details of the following fixed asset account, indicate the items to be reported on the statement of cash flo
    9·1 answer
  • As Timothy examines markets that might match his company’s investment requirements, he is particularly interested in the fact th
    6·1 answer
  • Which term refers to an economic situation where the large amount of money in circulation creates continuous pressure to raise p
    8·2 answers
  • On October 1, Eder Fabrication borrowed $84 million and issued a nine-month, 15% promissory note. Interest was payable at maturi
    11·1 answer
  • Sun Corporation received a charter that authorized the issuance of 86,000 shares of $6 par common stock and 19,000 shares of $75
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!