subject
Business, 14.12.2019 07:31 xnadertheking

Jane and walt form yellow corporation. jane transfers equipment worth $950,000 (basis of $200,000) and cash of $50,000 to yellow corporation for 50% of its stock. walt transfers a building and land worth $1,050,000 (basis of $400,000) for 50% of yellow's stock and $50,000 in cash. a.jane recognizes no gain; walt recognizes a gain of $50,000.b. jane recognizes a gain of $50,000; walt recognizes no gain. c.neither jane nor walt recognizes gain. d.jane recognizes a gain of $750,000; walt recognizes a gain of $650,000.e. none of the above.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 11:10
Your team has identified the risks on the project and determined their risk score. the team is in the midst of determining what strategies to put in place should the risks occur. after some discussion, the team members have determined that the risk of losing their network administrator is a risk they'll just deal with if and when it occurs. although they think it's a possibility and the impact would be significant, they've decided to simply deal with it after the fact. which of the following is true regarding this question? a. this is a positive response strategy.b. this is a negative response strategy.c. this is a response strategy for either positive or negative risk known as contingency planning.d. this is a response strategy for either positive or negative risks known as passive acceptance.
Answers: 2
question
Business, 22.06.2019 15:40
Rachel died in 2014 and her executor is finalizing her estate tax return. the executor has determined that rachel’s adjusted gross estate is $10,120,000 and that her estate is entitled to a charitable deduction in the amount of $500,000. using 2014 rates, calculate the estate tax liability for rachel’s estate.
Answers: 1
question
Business, 22.06.2019 22:20
Which of the following events could increase the demand for labor? a. an increase in the marginal productivity of workers b. a decrease in the amount of capital available for workers to use c. a decrease in the wage paid to workers d. a decrease in output price
Answers: 1
question
Business, 22.06.2019 23:30
How does the federal reserve stabilize and safeguard the nation’s economy? (select all that apply.) it distributes currency and oversees fiscal conditions. it implements american monetary policy. it regulates banks and defends consumer credit rights. it regulates and oversees the nasdaq stock exchange.
Answers: 1
You know the right answer?
Jane and walt form yellow corporation. jane transfers equipment worth $950,000 (basis of $200,000) a...
Questions
Questions on the website: 13722367