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

Beswick company your team is allocated a project involving a major client, the beswick company. although the organization has many clients, this client, and project, is the largest source of revenue and affects the work of several other teams in the organization. the project requires continuous involvement with the client, so any problems with the client are immediately felt by others in the organization. jamie, a member of your team, is the only person in the company with whom this client is willing to deal. it can be said that jamie has:

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)

Beagle autos is known for its affordable and reliable brand of consumer vehicles. because its shareholders expect to see an improved rate of growth in the coming years, beagle's executives have decided to diversify the company's range of products so that at least 40 percent of the firm's revenue is generated by new business units. however, the company's resources, capabilities, and competencies are limited to producing other forms of motorized vehicles, such as motorcycles and all-terrain vehicles (atvs). which type of corporate diversification strategy should beagle pursue?