Business, 10.03.2020 07:00, KariSupreme
Pursuant to a complete liquidation, Carrot Corporation distributes to its shareholders real estate held as an investment (basis of $650,000, fair market value of $880,000).
(a) Determine the gain or loss recognized by Carrot on the distribution if no liability is involved.
(b) Determine the gain or loss recognized by Carrot on the distribution if the real estate is subject to a liability of $690,000.
(c) Determine the gain or loss recognized by Carrot on the distribution if the real estate is subject to a liability of $885,000.
Answers: 3
Business, 22.06.2019 20:00, kiaramccurty
River corp's total assets at the end of last year were $415,000 and its net income was $32,750. what was its return on total assets? a. 7.89%b. 8.29%c. 8.70%d. 9.14%e. 9.59%
Answers: 3
Business, 22.06.2019 21:20, dorianhenderson987
Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u. s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.
Answers: 3
Pursuant to a complete liquidation, Carrot Corporation distributes to its shareholders real estate h...
Computers and Technology, 26.09.2021 07:10
Biology, 26.09.2021 07:20
Advanced Placement (AP), 26.09.2021 07:20
English, 26.09.2021 07:20
Biology, 26.09.2021 07:20
Social Studies, 26.09.2021 07:20
History, 26.09.2021 07:20