User Account

All Pages

What is the amount of the distribution

Assignment Help Accounting Basics
Reference no: EM131986982

Question - R Industries, Inc. distributed to its sole shareholder, Pablo , $7,000 in cash, a motor vehicle with an adjusted basis of $3,000 and a fair market value of $18,000, and equipment with a fair market value of $4,000 but subject to a $2,500 liability. What is the amount of the distribution?

Reference no: EM131986982

Questions Cloud

Withholding for federal income tax : Liama MacDonald is a thirty-two-year-old single female. She has gross wages of $95,000 (before deferrals) and $18,000 withholding for federal income tax.
Evaluate the challenges that will be faced by the company : Evaluate the challenges that will be faced by the company considering changes in the environment. You are required to write a 2500 - word report that covers the
Prepare the income statement for the second year : Prepare the income statement for the second year. What information should be on the income statement if we cannot get the certainty condition
High yield bond mutual fund-derivative securities : John and Jane Doe recently retired and are meeting with you their financial planner.
What is the amount of the distribution : R Industries, Inc. distributed to its sole shareholder, Pablo , $7,000 in cash, What is the amount of the distribution
Common intuitions with risk-neutral option pricing model : If the Balck-Scholes model shares common intuitions with risk-neutral option pricing model (also known as the binomial option pricing model.
How much gain does ryan have to recognize : Ryan transferred land with a fair market value of $500,000 to a controlled corporation. How much gain does Ryan have to recognize
Take the firm to collect its accounts receivable : How many days on average does it take the firm to collect its accounts receivable? That is, what is the AR Period?
Accounting equation have on a business or corporation : In what ways can the effects of transactions on an accounting equation have on a business or corporation?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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