How much capital gain and terminal loss will quan realize

Assignment Help Finance Basics
Reference no: EM132730263

Quan Edson has the following? assets:

• Land with ACB of ?$50,000

• Building with a cost of ?$110,000?, and UCC of ?$84,000.

Quan sells both of land and building in a single transaction for ?$201,000. The estimated FMV of each? was:

• Land? : ?$134,000

• ?Building: ?$67,000

How much capital gain and terminal loss will Quan realize on this? transaction?

Reference no: EM132730263

Questions Cloud

Calculate the mean and standard deviation : a. What is the probability distribution for the natural log of the stock price in 2 years? Calculate the mean and standard deviation.
Black-scholes prices of the call and put options : A stock is currently trading for $24. European call and put options with a strike of $25 will expire in 125 days.
Explain what is e-commerce and mobile technology : Your company is experiencing a decline in business because of competition. Assume your company is a traditional retail entity similar to Sears, Macy's.
How much is solita? gross capital gain on the? sale : Solita makes the following purchases of shares of ABC?, a public Canadian? company:
How much capital gain and terminal loss will quan realize : How much capital gain and terminal loss will Quan realize on this? transaction?
Why is intellectual property entitled to legal protection : Why is intellectual property entitled to legal protection? Why did copyright laws become stricter and more punishing in the late 20th century?
What you would do if you were the supreme court : On April 18, 2016, The United States Supreme Court denied a petition for certiorari (refused to review the lower court's ruling) in the case of Authors Guild.
Calculate xyz net gain-loss : Suppose on May 31, the spot rate turns out to be USD/EUR 1.3281, while the futures price for June contract is USD/EUR 1.3152.
Difference between replicating and hedging a portfolio : A portfolio of derivatives (calls) on a stock has delta of 2400 and a gamma of -100.

Reviews

Write a Review

Finance Basics Questions & Answers

  How much interest will you earn in the first year

Old Time Savings Bank pays 5% interest on its savings accounts. If you deposit $2,600 in the bank and leave it there:

  Advantages and disadvantages of net present value technique

What difficulties are associated with valuing real assets compared to financial assets?2. What are the advantages and disadvantages of the net present value technique?3. Explain under what circumstances the NPV and IRR could provide different decisio..

  Find the combined average costs of two nearby competitors

Calculate the difference between the percentage values of the average costs of the merged firms and the combined average costs of two nearby competitors.

  Calculate the incremental income after taxes

Fast Turnstiles Co. is evaluating the extension of credit to a new group of customers. Although these customers will provide $216,000 in additional credit sales

  Long-term or short-term performance

From the e-Activity, determine whether stock prices are affected more by long-term or short-term performance. Provide one (1) example of the effect that supports your claim.

  Loan payments are made annually

Consider a $100,000, 5 year fixed payment loan at 9% interest. The loan payments are made annually. Complete the table below.

  What should be the amount of dividend in four years

The dividend is projected to grow at 15% for the next three years, then 6% thereafter indefinitely. What should be the amount of dividend in four years (D4)

  Calculate what is the effective interest rate on the loan

A borrower has a 30 year fully amortizing FRM, with a $300,000 balance, 4.5% rate. There is a 3% prepayment penalty on this loan if it is repaid before 5 years.

  What rate of return do you have over the holding period

You have just received dividends of $.70 per share. The stock is currently selling for $38 per share. What rate of return do you have over the holding period?

  What is the value of the stock

if the required return declines to 9% and the dividend remains $1, what is the value of the stock? if the stock is selling foor $20, what does that imply?

  Identify four of an investors circumstances

Identify four of an investors' circumstances that should be monitored periodically, and briefly discuss an example for each.

  What is the value of retirement plan

Then you are able to increase the contribution to $500 per month for another 25 years. Given a 8 percent interest rate, what is the value of your retirement

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd