Answer the following statement(s) true (T) or false (F)
It is reported that more than 400,000 new firms have emerged in the United States every year since 2010.
ANSWER: True
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In Crystal Ball, probability distributions for input variables can be specified using either built-in functions or using Crystal Ball's menu
Indicate whether the statement is true or false
An encryption algorithm is
a. a combination of the formula and the key used for encryption b. another name for the encryption key c. the formula used to encrypt data d. always based on standards
Corporate Web sites are not useful as an indication of organizational culture
Indicate whether the statement is true or false
Olivia exchanges land with a $50,000 basis plus marketable securities with a $20,000 basis for a larger parcel of land worth $110,000 in a transaction that otherwise qualifies as a like-kind exchange. The FMV of the land and marketable securities exchanged by Olivia is $75,000 and $35,000 respectively.
a. What is the amount of gain realized and recognized by Olivia on each asset? b. What is the amount of Olivia's basis in the new land?