In order to encourage the development of its industrial park, Union County gives Darter Corporation land (fair market value of $800,000) and cash of $500,000. Within one year, Darter constructs a new plant at the site at a cost of $1,200,000.a. How much income, if any, must Darter Corporation recognize as a result of these transfers? b. What basis will Darter Corporation have in the land? In the plant? 23Cardinal Corporation has a basis of $800,000 in the stock of Finch Corporation, a subsidiary in which it owns 90% of all classes of stock. Cardinal has maintained this ownership interest for more than four years. In the current year, Cardinal liquidates Finch Corporation and acquires assets worth $1,300,000 and with an adjusted basis to Finch of $750,000. At the time of liquidation, Finch had E & P of $400,000, and a short-term capital loss carryover of $25,000.a. What is the recognized gain or loss to Finch and to Cardinal as a result of Finch’s liquidation? b. What basis will Cardinal Corporation have in the assets acquired from Finch Corporation? c. What happens to Finch’s E & P and short-term capital loss carryover? 24Rita sells her 25% interest in the RSTU Partnership to Nancy for $90,000 cash. At the end of the year prior to the sale, Rita’s basis in RSTU was $60,000. The partnership allocates $12,000 of income to Rita for the portion of the year she was a partner. On the date of the sale, the partnership assets and the agreed fair market values were as follows. Basis FMV CashAccounts ReceivableLandTotal $ 80,000-0- 208,000$288,000 $ 80,00060,000 180,000$320,000 Determine the amount and character of any gain that Rita recognizes on the sale.
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In Order To Determine Whether Or Not A Driver S Education Course Improves The Sc
/in Uncategorized /by developer. In order to determine whether or not a driver’s education course improves the scores on a driving exam, a sample of 6 students were given the exam before and after taking the course. The results are shown below. Student Score before the course
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In Order To Determine Which Lease Would Produce The Lowest Risk We Must First Br
/in Uncategorized /by developerIn order to determine which lease would produce the lowest risk, we must first breakdown what each lease is and how it applies to companies. Operating Leases or service leases “provide for both financing and maintenance” (Brigham & Ehrhardt) of leased equipment. Often times, the contract is written for a period much shorter than the expected life of leased equipment and the lease also contains a cancelation clause. Whereas capital leases or financial leases “cover the entire expected life of the equipment; does not provide for maintenance service, is not cancelable, and is fully amortized” (Brigham & Ehrhardt). Some of the advantages of an operating leases are bargain pricing and keeping costs lower. Bargain pricing allows for a company to purchase the equipment at a discounted price after the operation lease expires, therefore it lowers the overall price of the equipment of they choose to keep it. Operational leases also keep costs low because the company doesn’t need to keep the equipment after they are done, they can just exchange it for a newer model. For capital leases there is no bargain pricing clause but they are eligible for tax-saving depreciation allowances for that equipment. All in all it would definitely depend on what purpose and equipment the company would need that would determine which lease to go with. However, just by the short research I did on this topic I would say that the operating leases would have the least risk because if the company wasn’t happy with the equipment or they ran it into the ground using it, they could just get a new one with a new lease.
References:
Brigham, E. F., & Ehrhardt, M. C. (2017). Financial management: Theory and practice [with MindTap] (15th ed.). Mason, OH
Murray, J. (27 Aug 18) Difference Between a Capital Lease and an Operating Lease.
Retrieved from: https://www.thebalancesmb.com/capital-leases-versus-operating-leases-398034
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In Order To Encourage The Development Of Its Industrial Park Union County Gives
/in Uncategorized /by developerIn order to encourage the development of its industrial park, Union County gives Darter Corporation land (fair market value of $800,000) and cash of $500,000. Within one year, Darter constructs a new plant at the site at a cost of $1,200,000.a. How much income, if any, must Darter Corporation recognize as a result of these transfers? b. What basis will Darter Corporation have in the land? In the plant? 23Cardinal Corporation has a basis of $800,000 in the stock of Finch Corporation, a subsidiary in which it owns 90% of all classes of stock. Cardinal has maintained this ownership interest for more than four years. In the current year, Cardinal liquidates Finch Corporation and acquires assets worth $1,300,000 and with an adjusted basis to Finch of $750,000. At the time of liquidation, Finch had E & P of $400,000, and a short-term capital loss carryover of $25,000.a. What is the recognized gain or loss to Finch and to Cardinal as a result of Finch’s liquidation? b. What basis will Cardinal Corporation have in the assets acquired from Finch Corporation? c. What happens to Finch’s E & P and short-term capital loss carryover? 24Rita sells her 25% interest in the RSTU Partnership to Nancy for $90,000 cash. At the end of the year prior to the sale, Rita’s basis in RSTU was $60,000. The partnership allocates $12,000 of income to Rita for the portion of the year she was a partner. On the date of the sale, the partnership assets and the agreed fair market values were as follows. Basis FMV CashAccounts ReceivableLandTotal $ 80,000-0- 208,000$288,000 $ 80,00060,000 180,000$320,000 Determine the amount and character of any gain that Rita recognizes on the sale.
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In Order To Ensure A Proper Instillation Of The New Software There Are Some Thin
/in Uncategorized /by developerIn order to ensure a proper instillation of the new software, there are some things you’ll need to make sure the visit is proper and productive. Make sure there are no issues that you haven’t been made privy to and that you have the tools you need to make the instillation. Ahead of time, if at all possible, you need to know both the specifications of the employee’s machine and the specifications of the new OS. If there is an incompatibility the instillation can be either scratched or extra hardware can be brought upgrade the machine. To perform the upgrade, you need to make sure you backup all of the data on the drive. You should have brought a drive of your own as sort of a temporary holding place for everything. You then can make any hardware adjustments (such as memory or ram). If this is the case, proper safety techniques, as we’ve covered before, need to be followed. Follow the instructions for performing a system upgrade-insert disk or activate application, chose the drive to install to, make sure it’s a complete upgrade, double check that the system (including any memory you installed) is compatible, and let the instillation do it’s thing. There is almost always a setup tutorial and other starter things that need to be done, as the machine is basically brand new. Once you’ve setup/restored system setting, check the computer to be sure it’s functioning properly and no issues are at play. Also ensure that there are no missing applications that need to be reinstalled or other add-ons that need to be purchased. Lastly, restore the data to the computer.
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In Order To Ensure Optimal Database Performance The Logical And Physical Design 1
/in Uncategorized /by developerIn order to ensure optimal database performance, the logical and physical design should consider the user requirements thoroughly. Suppose you have been hired to transform a conceptual model into a logical model for a sales database. Describe the specific steps that you must perform in order to appropriately construct the database model. For each step mentioned, speculate the risks that would take place and how you would avoid or mitigate those risks. Suggest at least three activities that are required in the physical design process of a database to ensure adequate physical storage and data access. Analyze why user, security groups, and role definitions are essential to maintain the integrity of the database.
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In Order To Estimate Icf And Ecf Volumes 250ml Of Normal Saline Was Delivered To
/in Uncategorized /by developerIn order to estimate ICF and ECF volumes 250mL of normal saline was delivered to a research subject via IV with 5 mg of inulin. Following ECF equilibration but prior to excretion, the following measurements were made [inulin]plasma = 0.0003 mg/mL.
(a) What is the estimated ECF volume based on the information given?
(b) What is the estimated ICF volume?
(c) If you were then told that the individual weighed 80 kg, how do the calculated estimates vary from the estimates you can make from body weight?
(d) The cardiac output of the subject is 4500 mL/min and the kidneys receive 20% of the cardiac output (i.e. Renal blood flow, RBF = 0.20*CO; Renal plasma flow (RPF) = RBF*hematocrit, Hct, fraction of blood that is cells). Hct=0.45. The subject urinates after 1 hour and it is found that Vurine=187 mL, [inulin]urine=0.012mg/mL. Calculate the filtration fraction.
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In Order To Estimate Production Requirements We A Add Beginning Inventory To Des
/in Uncategorized /by developerIn order to estimate production requirements, we A. add beginning inventory to desired ending inventory and subtract projected sales in units. B. add beginning inventory to projected sales in units and subtract desired ending inventory. C. add projected sales in units to desired ending inventory and subtract beginning inventory. D. add beginning inventory to desired ending inventory and divide by two.
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In Order To Estimate The Mean 30 Year Fixed Mortgage Rate For A Home Loan In The
/in Uncategorized /by developer(You may find it useful to reference the z table.Round intermediate calculations to at least 4 decimal places. Round “z” value to 3 decimal places and final answers to 2 decimal places. Enter your answers as percentages, not decimals.)
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In Order To Function As Change Agents Social Workers Interact With Others In A W
/in Uncategorized /by developerIn order to function as change agents, social workers interact with others in a wide variety of organizations. Visiting a social work agency allows students of social work to get a glimpse of the form that these interactions may take.
For this Assignment, visit a social service agency in your area and interview a MSW-level social worker there. The agency cannot be a private practice.
By Day 7 of this week, submit the name of the agency and the social worker, including their social work degree or licensure (e.g., MSW, LCSW, etc.), with whom you will collaborate for your Final Project that you will submit in Week 6.
Submission and Grading Information
To submit your Project, do the following:
Looking Ahead: Your Final Project, submitted in Week 6 of the course will be a 4- to 5-page written account of your agency visit, reflection on the experience, and analysis of course topics as related to your experience. Make sure to support ideas with evidence from course resources and additional research.The final project should:
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In Order To Get Rich You Have Started Your Own Business College Which You Have N
/in Uncategorized /by developer40 % of your capital will come from equity which you estimate will cost 15% at the current stock price of $25 per share. You personally own 100 shares of stock in your company. Your company has $800,000 of internally generated funds and has identified $1,000,000 of profitable projects. If your company uses a “residual model” for dividend payment, calculate the total amount you can pay out as cash dividends?
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