Business, 09.11.2020 17:00 emmilicious
Chrissie and Mirinda want to form a corporation. Chrissie contributes property worth $750,000 and a basis of $500,000 in exchange for stock worth $750,000 and Mirinda contributes services in exchange for stock worth $250,000.
Does this qualify as a good Section 351 transaction?
What gain does Chrissie Recognize?
What gain does Mirinda recognize?
Answers: 3
Another question on Business
Business, 22.06.2019 19:50
The new york company produces high quality chairs. variable manufacturing overhead is applied at a standard rate of $12 per machine hour. each chair requires a standard quantity of six machine hours. production for the month totaled 4,000 units. calculate: the standard cost per unit for variable overhead. select one: a. $130,000 b. $192,000 c. $90,000 d. $100,000
Answers: 2
Business, 22.06.2019 20:20
Precision aviation had a profit margin of 6.25%, a total assets turnover of 1.5, and an equity multiplier of 1.8. what was the firm's roe? a. 15.23%b. 16.03%c. 16.88%d. 17.72%e. 18.60%
Answers: 2
Business, 22.06.2019 20:20
Amanager of a store that sells and installs spas wants to prepare a forecast for january and june of next year. her forecasts are a combination of trend and seasonality. she uses the following equation to estimate the trend component of monthly demand: ft = 30+5t, where t = 1 in january of this year. seasonal relatives are 0.60 for january and 1.50 for june. what demands should she predict for january and june of next year
Answers: 2
Business, 22.06.2019 21:30
Suppose that alexi and tony can sell all their street tacos for $2 each and all their cuban sandwiches for $7.25 each. if each of them worked 20 hours per week, how should they split their time between the production of street tacos and cuban sandwiches? what is their maximum joint revenue?
Answers: 3
You know the right answer?
Chrissie and Mirinda want to form a corporation. Chrissie contributes property worth $750,000 and a...
Questions
Spanish, 18.11.2020 03:40
Mathematics, 18.11.2020 03:40
Chemistry, 18.11.2020 03:40
Mathematics, 18.11.2020 03:40
Mathematics, 18.11.2020 03:40
Mathematics, 18.11.2020 03:40
English, 18.11.2020 03:40
Mathematics, 18.11.2020 03:40
Biology, 18.11.2020 03:40
Mathematics, 18.11.2020 03:40
Mathematics, 18.11.2020 03:40
