![subject](/tpl/images/cats/ekonomika.png)
Cannoli corp. is the parent of its subsidiary, carac corp., and the corporations have filed consolidated tax returns since year 3. in year 4 carac sells to cannoli land worth $90,000 (basis $50,000) at a selling price of $90,000. in year 6 cannoli sells the land to an unrelated third party for $120,000, its fair market value at that time. what amount of gain is recognized on cannoli and carac’s year 4 and year 6 consolidated tax returns, respectively? year 4 year 6 a) $0 $30,000 b) $40,000 $30,000 c) $90,000 $30,000 d) $0 $70,000
![ansver](/tpl/images/cats/User.png)
Answers: 2
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Other questions on the subject: Business
![image](/tpl/images/cats/ekonomika.png)
Business, 21.06.2019 18:30, gracie0818
What is the communication process? why isnt it possible to communicate without using all the elements in the communication process?
Answers: 3
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 09:50, niele123
The returns on the common stock of maynard cosmetic specialties are quite cyclical. in a boom economy, the stock is expected to return 22 percent in comparison to 9 percent in a normal economy and a negative 14 percent in a recessionary period. the probability of a recession is 35 percent while the probability of a boom is 10 percent. what is the standard deviation of the returns on this stock?
Answers: 2
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 10:30, Uc34758
Issued to the joint planning and execution community (jpec) initiates the development of coas; it also requests that the supported ccdr submit a commander's estimate of the situation with a recommended coa to resolve the situation (joint force command and staff participation in the joint operation planning and execution system, page 10)
Answers: 2
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 14:30, Hannahdavy5434
Stella company sells only two products, product a and product b. product a product b total selling price $50 $30 variable cost per unit $20 $10 total fixed costs $2,110,000 stella sells two units of product a for each unit it sells of product b. stella faces a tax rate of 40%. stella desires a net afterminustax income of $54,000. the breakeven point in units would be
Answers: 3
You know the right answer?
Cannoli corp. is the parent of its subsidiary, carac corp., and the corporations have filed consolid...
Questions in other subjects:
![Konu](/tpl/images/cats/himiya.png)
Chemistry, 27.09.2019 03:50
![Konu](/tpl/images/cats/biologiya.png)
![Konu](/tpl/images/cats/biologiya.png)
![Konu](/tpl/images/cats/biologiya.png)
![Konu](/tpl/images/cats/obshestvoznanie.png)
![Konu](/tpl/images/cats/biologiya.png)
Biology, 27.09.2019 03:50
![Konu](/tpl/images/cats/himiya.png)
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/obshestvoznanie.png)
Social Studies, 27.09.2019 03:50