Riverwalk Corporation is liquidated, with Juan receiving $5,000 in money and other property having a $6,000 FMV. Juan's basis in his Riverwalk stock is $8,000. Upon liquidation, Juan must recognize a gain of
A) 0.
B) $2,000.
C) $3,000.
D) $11,000.
C) $3,000.
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The board of directors of Lark Corporation declared a cash dividend of $3.50 per share on 57,000 shares of common stock on June 14, 20x5. The dividend is to be paid on July 15, 20x5, to shareholders of record on July 1, 20x5. The effects of the entry to record the declaration of the dividend on June 14, 20x5, are to
A) decrease stockholders' equity and increase liabilities. B) increase stockholders' equity and increase liabilities. C) decrease stockholders' equity and decrease assets. D) increase stockholders' equity and decrease assets.
Explain in complete terms the nine basic rules of MPR
What will be an ideal response?
Historically, what problem did massive immigration of working age people help nations solve?
a. Reversing the trend of having an aging workforce b. Resolving national in balances between labor supply and labor demand c. Broadening the skill set of its labor force in order to stay more competitive in the global market d. Reducing labor cost by recruiting employees willing to accept less pay
Research and development (R&D), production, and customer service are business functions that are all included as part of:
A. marketing. B. the supply chain. C. benchmarking. D. the value chain.