Answer:
123,196
Explanation:
Recognized gain
= Liability on transferred real estate - Adjusted basis
= 771,596 - 648,400
= 123,196
Basis = 0
Answer: A higher interest rate.
Explanation: Most savings accounts do not have a high interest rate at the moment.
Answer:
The company's debt ratio at the end of the current year is 66%
Explanation:
For computing the debt ratio, we need to apply the formula which is shown below:
Debt ratio = (Total liabilities) ÷ (total assets) × 100
= ($182,200 ÷ $276,000) × 100
= 66%
The other information which are given in the question is of no use. That's why we do not consider it. Hence, ignored it.
Answer:
What experience do you have in this field of work?
Why do you think you're a good fit for this company/job position?
Explanation: