Business, 03.03.2020 00:00 cupcake3103670
Cable Corporation, which operates a fleet of motorized trolley cars in a resort city, is undergoing a complete liquidation. John, who owns 80% of the Cable stock, plans to continue the business in another city, and will receive the cable cars, two support vehicles, the repair parts inventory, and other tools and equipment. Peter who owns the remaining 20% of the Cable stock, will receive a cash distribution. The corporation will incur $15,000 of liquidation expenses to break its lease on its office and garage space and cancel other contracts. What tax issues should Cable, John, and Peter consider with respect to the liquidation?
Answers: 1
Business, 22.06.2019 21:10, ray1840
Ahospital purchases a $500,000 magnetic resonance imaging (mri) machine that has a useful life of 9 years. the salvage value at the end of 9 years is $77,000. (a) write a linear equation that describes the value y (in dollars) of the mri machine in terms of the time t (in years), 0 ≤ t ≤ 9. (b) find the value, in dollars, of the machine after 6 years. $ (c) find the time, in years, when the value of the equipment will be $140,000. (round your answer to two decimal places.) yr
Answers: 2
Business, 22.06.2019 22:00, lionscoachjose
Most economists report the elasticity of demand asa. the absolute value of the actual number. b. a negative number, since price and quantity demanded move in opposite directions. c. a percentage, since both the numerator and denominator are percentages. d. a dollar amount, since we are measuring the change in price.
Answers: 2
Business, 23.06.2019 21:00, madistupid
If you know how to think critically and have excellent problem solving skills, you are said to have strong a. personal qualities b. thinking skills c. technology skills d. basic skills select the best answer from the choices provided
Answers: 1
Cable Corporation, which operates a fleet of motorized trolley cars in a resort city, is undergoing...
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