Yvonne and Simon form Ion Corporation. Yvonne transfers equipment (basis of $257,200 and fair market value of $385,800). Simon invests $308,640 of cash. They each receive 100 shares in Ion Corporation, worth $308,640, but Yvonne also receives $77,160 in cash from Ion. Calculate Ion Corporation's basis in the equipment and determine Yvonne and Simon's basis in the Ion stock.
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Business, 21.06.2019 20:40
Which of the following actions is most likely to result in a decrease in the money supply? a. the discount rate on overnight loans is lowered. b. the government sells a new batch of treasury bonds. c. the federal reserve bank buys treasury bonds. d. the required reserve ratio for banks is decreased. 2b2t
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Business, 22.06.2019 10:40
Two assets have the following expected returns and standard deviations when the risk-free rate is 5%: asset a e(ra) = 18.5% ฯa = 20% asset b e(rb) = 15% ฯb = 27% an investor with a risk aversion of a = 3 would find that on a risk-return basis. a. only asset a is acceptable b. only asset b is acceptable c. neither asset a nor asset b is acceptable d. both asset a and asset b are acceptable
Answers: 2
Business, 23.06.2019 02:40
Peter, the marketing manager of a company that manufactures church furniture, has been given the job of increasing corporate profits by five percent during the upcoming year. peter decided to give his assistant the full responsibility and authority for developing a mailing campaign to target churches in an entire state. in other words, peter has
Answers: 1
Yvonne and Simon form Ion Corporation. Yvonne transfers equipment (basis of $257,200 and fair market...
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