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Dominik [7]
3 years ago
7

Roberta transfers property with a tax basis of $460 and a fair market value of $539 to a corporation in exchange for stock with

a fair market value of $396 in a transaction that qualifies for deferral under section 351. The corporation assumed a liability of $143 on the property transferred. What is the amount realized by Roberta in the exchange?
Business
1 answer:
mamaluj [8]3 years ago
8 0

Answer:

$539

Explanation:

Based on the information given we were told that he transfer property which had a fair market value of the amount of $539 to a corporation in exchange for stock which means that the amount that will be realized in the exchange for the stock will be the amount of $539.

Therefore the amount realized by Roberta in the exchange will be $539

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The inventory turnover measures:
pashok25 [27]

Answer:

The average number of times inventory is sold during the period.

Explanation:

Inventory turnover by definition is the relationship between inventories and the cost of goods sold by a firm. It measures on average, how many times the inventory was restocked and sold in the operating period.

A higher number usually suggests a healthier operation cycle for a business.

It is measured by,

Inventory turnover = Cost of goods sold / Average inventory

Option 1 and Option 3 are related to the performance of accounts receivables. Option 3 is the closest to above mentioned definition. Option 4 is only measuring the inventory clearance time.

Hope that helps.

7 0
3 years ago
indicators that the local currency is also the functional currency include all of the following except:
Alchen [17]

Indicators that the local currency is also the functional currency include all of the following except the parent typically provides the financing or provides a guarantee.

A functional currency is one that is utilized in the main economic setting in which a company conducts business. This is the setting in which an entity generates and spends money most frequently. When defining the functional currency of an entity, the following key considerations should be taken into account:

The principal currency influencing retail prices (usually the currency in which prices are denominated and settled).

The money of the nation whose laws and competition have the biggest impact on retail pricing.

The principal currency affecting labor expenses and other costs of goods sold (usually the currency in which prices are denominated and settled).

The currency in which an entity keeps its operating receipts and the currency in which debt and equity instruments are issued are less important deciding factors.

Know more about functional currency here:

brainly.com/question/28013130

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6 0
1 year ago
1. At what level does the supervisor fit in the organizational pyramid? Describe a major trend that is changing the role of the
vredina [299]

Answer:

1. Supervisors fit in the middle level of the organization pyramid.

2. A major trend that is changing the role of the supervisor at that level is the concepts of mentoring, coaching, and staff training.  The supervisor's role is expanding to include these activities that will ensure process improvement, enforce adherence to organization's rules, and enable improved cross-functional relationships.

Explanation:

Primarily, supervisors are known to motivate employees, direct the activities of others, select the most effective communication channel, and resolve conflicts among team members.  However, the changing trend now views the supervisor as an educator, sponsor, coach, counselor, and director.  Therefore, the supervisor is expected to deplore all his skill-sets, including effective communication in combination with daily conflict resolution, transformational leadership, critical thinking, interpersonal relationship, time and priority management, and problem-solving skills.

4 0
3 years ago
Which statement is FALSE? Select one: a. Diluted EPS is never higher than Basic EPS b. Use of the "Treasury Stock Method" determ
7nadin3 [17]

Answer:

big pp

Explanation:

very small pp

6 0
3 years ago
MFS SAY DELETING MY SHIIII MBUYHJNMOJIHUNJ
Elanso [62]

Answer:

OOP-

Explanation: OnO

6 0
3 years ago
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