Answer:
Ramon’s basis in the stock he receives in his corporation is $84,000
Explanation:
The computation of Ramon’s basis in the stock received in his corporation would be $84,000 as this amount reflect the adjusted basis of the assets transferred to the corporation.
These assets include inventory, building, and land. So, the total amount of the total assets would be received i.e based on an adjusted basis, not the fair market value
Answer:
Paolo buys a new set of tools to use in his plumbing business. I: Paolo is investing in his plumbing business by purchasing tools.
Kenji buys a sweater made in Guatemala. M: Kenji is purchasing an imported good which decreases the GDP.
Lucia gets a new video camera made in the United States. C: Lucia's purchase increases private consumption.
Kenji's employer assigns him to provide consulting services to an Australian firm that's opening a manufacturing facility in China. X: Kenji is exporting services to an Australian firm.
The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore. G: the state government spent money on repaving a highway.
Answer:
A zero coupon bond:
A. is sold at a large premium.
B. has a price equal to the future value of the face amount given a positive rate of return.
C. can only be issued by the U.S. Treasury.
D. has less interest rate risk than a comparable coupon bond.
E. has a market price that is computed using semiannual compounding of interest.
Answer is : B
Explanation:
In classification of bonds we have a unique type of bond known as Zero-coupon bonds also know as Pure discount bonds, unlike traditional bonds they don’t pay coupon instead they are sold on discount basis and on maturity the bondholder receive a par value, for this reason the price will be at a discount on sale and on maturity be redeemed at par price showing a positive rate of return.
Answer: True
Explanation:
Because Subway is getting lot of profit on their selective stores around the country to introduce a new food item and from its growth stage.
Answer:
Ricci vs. DeStefano
Explanation:
This case is a US labor law case that occurred in 2009, where twenty (20) firefighters at the New Haven Fire Department claimed to be discriminated against because they were refused promotion despite the fact that they passed the test.
More noticeably, no blacks and a very small number of Hispanics qualified for the promotion.
The result of the lawsuit was that $2 million was paid to the firefighter plaintiffs and New Haven reestablished the results and promoted 14 out of the 20 plaintiffs. For fees and costs, their attorney Karen Lee Torre was paid $3 million.
