Business, 04.10.2019 23:20 whaddup8428
Wade and paul form swan corporation with the following investments. wade transfers machinery (basis of $40,000 and fair market value of $100,000), while paul transfers land (basis of $20,000 and fair market value of $90,000) and services rendered (worth $10,000) in organizing the corporation. each is issued 25 shares in swan corporation. with respect to the transfers: a. wade has no recognized gain; paul recognizes income/gain of $80,000. b. neither wade nor paul has recognized gain or income on the transfers. c. swan corporation has a basis of $30,000 in the land transferred by paul. d. paul has a basis of $30,000 in the 25 shares he acquires in swan corporation. e. none of the above.
Answers: 1
Business, 21.06.2019 15:00, 12290737
The boston hotel high-end linens 600-thread-count sheets coffeemaker and selected teas imported beer fresh-squeezed juices affordability food and drink double-thick bath towels silk pillowcases raw silk curtains with gold embellishments $100/night four-star rooms free snacks, shampoo, and conditioner free wireless internet
Answers: 3
Business, 21.06.2019 20:30, gtamods402
What does the phrase limited liability mean in a corporate context?
Answers: 2
Business, 22.06.2019 14:50, 2020EIglesias180
Pederson company reported the following: manufacturing costs $480,000 units manufactured 8,000 units sold 7,500 units sold for $90 per unit beginning inventory 2,000 units what is the average manufacturing cost per unit? (round the answer to the nearest dollar.)
Answers: 3
Business, 22.06.2019 18:00, flowergirly34
Martha entered into a contract with terry, an art dealer. according to the contract, terry was to supply 18 th century artifacts to martha for the play she was directing, and martha was ready to pay $50,000 for this. another director needed the same artifacts and was ready to pay $60,000. terry decided not to sell the artifacts to martha. in this case, the court may order terry to:
Answers: 2
Wade and paul form swan corporation with the following investments. wade transfers machinery (basis...
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