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zloy xaker [14]
3 years ago
7

Tristan transfers property with a tax basis of $1,245 and a fair market value of $1,750 to a corporation in exchange for stock w

ith a fair market value of $1,245 and $399 in cash in a transaction that qualifies for deferral under section 351. The corporation assumed a liability of $106 on the property transferred. What is the corporation's tax basis in the property received in the exchange
Business
1 answer:
Bas_tet [7]3 years ago
6 0

Answer: $1644

Explanation:

The corporation's tax basis will be the addition of the tax basis of Tristan and the gain that is recognized on the exchange by Tristan.

Gain realized = 1750 - 1245 = 505

Boot received = 399

The gain recognized on the exchange will the value that's lower between the gain realized which is $505 and the boot received which is $399. Therefore, gain recognized = $399.

The corporation's tax basis will then be:

= Tristan Tax basis + Gain recognized

= 1245 + 399

= 1644

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Activity-based costing for a service business
shtirl [24]

Answer:

a. $56

b. $95

Explanation:

The computation is shown below:

a, The total monthly activity-based cost for Corner Cleaners Inc is

= $3.50 × 12 + $0.12 × 100 + $0.10 × 20

= $42 + $12 + $2

= $56

b  the total activity-based cost for Campbell’s visit i

= $8 × 1 + $25 × 3 + $4 × $3

= $8 + $75 + $12

= $95

Hence, the same should be considered and relevant

3 0
2 years ago
The investment timing decision relates to: Group of answer choices how frequently the cash flows of a project occur. how long th
AveGali [126]

Choosing when to start a project is related to the investment timing decision.

<h3>Is an investment's timing crucial?</h3>

The following are some advantages of market timing strategy:

  • Market timing is utilized to increase earnings and counteract the dangers involved with small gains.
  • When it comes to investments, the basic risk-return trade off holds true: the greater the risk, the greater the gain.
<h3>What does the term "investment decision" mean?</h3>

The choice and acquisition of the long-term and short-term assets in which funds will be invested by the organization are referred to as investment decisions.

<h3>What is a timing option for investments?</h3>

The investment-timing option, which is the choice to delay rather than immediately adopt or reject a capital budgeting project, can dramatically boost a project's value when interest rates are unpredictable.

<h3>What is an example of an investment decision?</h3>
  •  Decisions on investments can be made for the long- or short-term.
  • A capital budgeting decision is another name for a long-term investment choice. Long-term financial commitments are necessary.
  • A new machine purchase to replace an older one, the purchase of a new fixed asset, the establishment of a new branch, etc. are a few examples.

learn more about investment decision here

<u>brainly.com/question/24246300</u>

#SPJ4

5 0
2 years ago
A study examined the employment benefits of getting a PhD degree.PhD degree. The researchers made inferences based on employment
ss7ja [257]

Answer:

Option D

Explanation:

This is the group whom the researcher wants to know more about and to draw inference from.

8 0
3 years ago
7. Gulf Real Estate properties just signed contracts for two new listings: a Gulf View condominium with a list price of $589,000
oksano4ka [1.4K]

Answer:

The answer is "135 days"

Explanation:

Condo with a list price of Gulf View = \$589,000

They recognize for a Gulf View the preciously calculated summary analysis

The average cost list for a condominium is474.0075 and that average sale value is 454.245.

\to \$474,000 -\$454,245 = \$20,755

We also are selling $20,755 underneath the selling price on average.

\to \frac{20,755}{474,000} = .0437869198

Therefore a typical condominium in the South View is selling 4.38% well below the price list.

\to 589,000 \times (1- .0438)=563,209.5042

The estimated sales price is thus approximately $563,210

The amount of times that mine device needs and be delivered is an approximate 106 days of median number calculated at a number 1.

No condo Gulf Views $285,000 List price

Through the previously calculated concise figures, we learn that the average price list is 212.805556 for a Non-Gulf View Condominium or that the total selling price is 203.133333.

\to \$212,806 -\$203,133 = \$9,673

We sell $9,673 below the value of the total on average.

\to \frac{9,673}{212,806} =.045454545

Therefore a condo in No Gulf Vision offers on aggregate 4,545% well below the selling price.

\to \$285,000 \times (1-.04545)=272,045.4545

The average price is therefore approximately $272.045.

My projected place to trade this unit is the number of days in number 2 measured to be 135 days.

3 0
3 years ago
Effective decision makers are able to ______.
bixtya [17]

Answer:

E

Explanation:

all of those statements seem valid about being an effective decision maker

5 0
2 years ago
Read 2 more answers
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