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
Ghella [55]
3 years ago
9

Yvonne and Simon form Ion Corporation. Yvonne transfers equipment (basis of $110,000 and fair market value of $165,000). Simon i

nvests $130,000 of cash. They each receive 100 shares in Ion Corporation, worth $130,000, but Yvonne also receives $35,000 in cash from Ion. Ion Corporation has a basis of $__________ in the equipment. Yvonne has a basis of $______________- for her stock and Simon has a basis of $fill in the blank 3 for his stock.
Business
1 answer:
Allushta [10]3 years ago
4 0

Answer:

$145,000;$110,000;$130,000

Explanation:

Based on the information given the Corporation has a basis of the amount of $145,000 in the equipment calculated as ( Basis of the amount of $110,000+ Cash Received of the amount of $35,000) . Secondly Yvonne has a basis of the amount of $110,000 for her stock which is calculated as (basis in equipment of the amount of $110,000- Boot received of the amount of $35,000+ the lesser of the amount realized as gain which is $35,000) and lastly Simon has a basis of the amount of $130,000 for his stock which represent the cash Contributed by Simon.

You might be interested in
It is estimated that the average cost of an outbound telemarketing sales calls on a business customer is about __________, versu
4vir4ik [10]

Answer:

Around $35

Explanation:

Telemarketing sales calls offers lots of advantages like boosting sales in most organizations. You will have to sign a contract where you agree to pay for a minimum number of hours.

Another advantage is that If you need to do some research in advance of product development or product launches, there is some value in having those research calls made by the same telemarketing team that will ultimately be selling the product.

4 0
3 years ago
If the discount rate is 21% and the steady growth rate after 3 years is 2%, what should the stock price be today
jonny [76]

<u>Complete Question:</u>

Tattletale News Corp. has been growing at a rate of 20% per year, and you expect this growth rate in earnings and dividends to continue for another 3 years.

a. If the last dividend paid was $10, what will the next dividend be? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Dividend  $

b. If the discount rate is 21% and the steady growth rate after 3 years is 2%, what should the stock price be today? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Stock price  $

Answer:

Requirement A. $12 per share

Requirement B. $44.14 per share

Explanation:

Requirement A.

The next dividend can be calculated using the following equation:

Next Dividend = D0 * (1 + g)

Here

D0 is the current dividend which is $10 and g is the Growth Rate which is 20% for the first three years

By putting values, we have:

Next Dividend = $10 * (1 + 20%)

= $12 per share

Requirement B.

Year  Dividend  Growth Rate  New Dividend

1               10                      20%           12

2               12                      20%                 14.40

3                 14.4                     20%         17.28

4            17.28                    2%                   17.63

Stock Price = $17.63 * (1 + 2%) / (21% - 2%) = $94.62

The above stock price calculated is the value of stock at the end of year 4. To discount it back to year zero, we will discount it by 21%.

Stock price at year0 = $94.62 / (1 + 21%)^4 = $44.14 per share

6 0
3 years ago
Henry conducted a survey on an ad done by his company. In the survey, he asked people to evaluate the ad and state whether they
GrogVix [38]
I think the answer is rating scale test! hope this helped 
6 0
3 years ago
Read 2 more answers
In the context of employee engagement, it is observed that the highly engaged employees feel a deep connection to their company.
Tju [1.3M]
Its A hope this helpsss
7 0
2 years ago
Is 5 a composite or prime number
enot [183]
5 is a prime number
5 0
3 years ago
Read 2 more answers
Other questions:
  • Industrial tools owes you $38,600. this amount is seriously delinquent so you have offered to accept weekly payments for one yea
    14·1 answer
  • Your Economics instructor assigns your class to investigate factors associated with the gross domestic product (GDP) of nations.
    5·1 answer
  • The benefit that government receives from a tax is measured by
    7·1 answer
  • A corporation issues 2,000 shares of common stock for $32,000. The stock has a stated value of $12 per share. The journal entry
    7·1 answer
  • Kushman Combines, Inc. has $20,000 of ending finished goods inventory as of December 31, 2019. If beginning finished goods inven
    13·1 answer
  • Crane Company required production for June is 112000 units. To make one unit of finished product, three pounds of direct materia
    8·1 answer
  • TB MC Qu. 10-144 (Algo) Doogan Corporation makes a product ... Doogan Corporation makes a product with the following standard co
    6·1 answer
  • Flexibility of practice when applied to managerial accounting means that: Multiple Choice The information must be presented in e
    9·1 answer
  • Formal communication in organizations follows the chain of command and is seen as official.
    11·1 answer
  • Does anybody now how to do math just commect if you can
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!