The non-liquidating distribution of cash and land by Close Corp. resulted in a loss for the corporation and a gain for the sole shareholder.
Since the fair market value of the land is less than its adjusted basis, Close Corp. will recognize a loss of $10,000 ($40,000 adjusted basis - $30,000 fair market value). However, since the cash distributed exceeds the amount of the loss recognized, Close Corp. will also recognize a gain of $20,000 ($50,000 cash - $30,000 fair market value of land).
It's important to note that the sole shareholder who received the distribution will also need to take into account the fair market value of the land when determining their own gain or loss on the distribution. They will need to use the fair market value of the land ($30,000) as their basis for any future transactions involving the land.
Overall, the non-liquidating distribution of cash and land by Close Corp. resulted in a loss for the corporation and a gain for the sole shareholder.
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With specific reference to the case study, describe some of the soft skills needed at university and in the workplace
Answer:
Soft skills are personal qualities and attributes that are not related to specific knowledge or technical skills, but rather to the way a person interacts with others and approaches tasks and challenges. Some examples of common soft skills that may be important at university and in the workplace include:
Communication skills: The ability to express oneself clearly and effectively, both in written and oral form, is important at university and in the workplace. This includes being able to listen actively and understand others' perspectives, as well as being able to articulate one's own ideas and opinions.
Collaboration skills: The ability to work well with others is important in both educational and professional settings. This includes being able to contribute effectively to group projects and discussions, as well as being able to resolve conflicts and negotiate solutions with others.
Problem-solving skills: The ability to think critically and creatively, and to come up with effective solutions to problems, is important in both academic and professional contexts. This includes being able to identify and analyze problems, generate and evaluate potential solutions, and implement and follow through on the chosen solution.
Time management skills: The ability to manage one's time effectively is important in both academic and professional settings. This includes being able to prioritize tasks, set and meet deadlines, and manage workload effectively.
Interpersonal skills: The ability to build and maintain positive relationships with others is important in both educational and professional contexts. This includes being able to work well with a diverse range of people, being able to empathize with others, and being able to handle difficult situations and conflicts in a professional manner.
It involves developing new products or
improving existing technologies, processes,
designs and marketing to solve problems,
increase efficiency, reach new customers,
and ultimately increase profits.
a. business opportunity
b. entrepreneurship
c. social change
d. socioeconomic
e. livelihood
f. business venture
g. relevance
h. business innovation
i. entrepreneur
j. economy
Answer:
h. business innovation
Explanation:
Business innovation is a term that describes a situation whereby a firm initiates the latest techniques or methods in the production of goods and, or delivery of services.
The purpose is to create a beneficial transition and change in the operation of business activities to gain more profits.
In other words, business innovation involves enhancing existing strategies or exercises, or in some cases beginning afresh.
Hence, going by the definition in the question. The correct answer is BUSINESS INNOVATION: It involves developing new products or improving existing technologies, processes, designs, and marketing to solve problems, increase efficiency, reach new customers, and ultimately increase profits.
Business innovation is the answer.
Business innovation refers to activity company undertakes by implementing new business processes, ideas, products or services with the main aim of increasing efficiency and profit
The bringing up of ideas for creation of new and improved products or services into market is known as Business InnovationThe initiation of Business Innovation activity is possible through intense brainstorming.Business innovation generally increase a company's efficiency and improve its profitability level.Learn more about Business Innovation here
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a local pet supplies boutique had a good year with rising revenues and reduced operating costs resulting in personal income for the owner of nearly $100,000. one-third of that went to local, state, and federal income taxes and another third went to pay for a home mortgage, car payments, food, clothing, and other necessities. what is the remaining third called?
A local pet supplies boutique had a good year with rising revenues and reduced operating costs. So, the remaining third is called discretionary income.
The operating costs are the ongoing expenses which tend to incur from the normal day-to-day of running a business. So, the operating costs tend to include both the costs of goods sold (COGS) and also the other operating expenses.
Discretionary income is said to be the amount of an individual's income which is thus left for spending, saving, or investing after paying taxes and paying for personal necessities.
Hence, the discretionary income is the amount of income which is left for an individual.
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9. general motors issued a 6% coupon bond with the same maturity date (1990) as ford at the same time. what does
that tell you as an investor?
As an investor, the fact that General Motors issued a 6% coupon bond with the same maturity date as Ford indicates that the two companies were relatively similar in terms of creditworthiness and perceived risk at that time.
The bond market is highly sensitive to changes in perceived risk, so the fact that GM was able to issue a bond with the same coupon rate as Ford suggests that investors viewed the two companies as having similar levels of creditworthiness and risk. However, it's important to note that bond yields are affected by a wide range of factors, including market conditions, interest rates, and economic trends, so this information should be considered alongside other factors when making investment decisions.
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Which of these examples demonstrate common qualifications for Information Support and Services careers? Check
all that apply.
Gabriella is a good leader and handles responsibility well.
Blaine can stand for long periods of time without getting tired.
Maureen is able to lift heavy objects.
Kyung can accurately estimate how long different tasks will take.
Carter is skilled in art and graphic design.
Octavio is good at breaking down large projects into smaller steps.
Answer:
146
Explanation:
Answer: 1. Gabriella is a good leader and handles responsibility well.
4. Kyung can accurately estimate how long different tasks will take.
6. Octavio is good at breaking down large projects into smaller steps.
Economics: Consider two ways of protecting elephants from poachers in African countries. In one approach, the government sets up enormous national parks that have sufficient habitat for elephants to thrive and forbids all local people to enter the parks or to injure either the elephants or their habitat in any way. In a second approach, the government sets up national parks and designates 10 villages around the edges of the park as official tourist centers that become places where tourists can stay and bases for guided tours inside the national park. Consider the different incentives of local villagers-who often are very poor-in each of these plans. Which plan seems more likely to help the elephant population?
Answer:
People kill elephants not because they are evil and want to hurt them just for the sake of hurting them, they do it in order to make a profit. If the government can offer these people the opportunity to make money through tourism, they that should prevent them from killing the elephants and other wildlife. You have to remember that these people are extremely poor and their income earning alternatives are very scarce and limited.
The first option will work only if the government spends enough money hiring guards that keep the park safe for the animals. But even then, some animals will still be hunted. You must also remember that not only the people of these places are poor, the governments are extremely poor also.
On the other hand, the second option should work better because the villagers will have an incentive to keep the animals safe and not hunt them themselves. The villagers will also help to prevent other people from killing the animals since they earn money through tourism and tourists go there to see the animals.
true or false? in order for this plan to work, thuy and the other managers will need to adopt a more autocratic style of leadership than they have used in the past.middle manager at wanamaker corporation. the company's top management has just announced that they are going to ask all managers to help them greatly increase the use of empowerment within the company over the next twelve months. true or false? in order for this plan to work, thuy and the other managers will need to adopt a more autocratic style of leadership than they have used in the past.
False. In order for the empowerment plan to work, Thuy and the other managers do not need to adopt a more autocratic style of leadership than they have used in the past.
They need to adopt a more democratic style of leadership than they have used in the past.
What is Autocratic Leadership?Autocratic leadership is a leadership style in which one person controls all decisions and activities without any input from the team members or subordinates. An autocratic leader typically gives orders and expects them to be followed without question. This style of leadership is characterized by micromanagement, rigid rules, and a lack of collaboration or participation from team members. While autocratic leadership may be effective in certain situations, such as during a crisis or when working with unskilled workers, it is generally not a good leadership style for most situations.
What is Democratic Leadership?Democratic leadership is a leadership style in which the leader encourages team members to participate in decision-making and problem-solving processes. A democratic leader values input from team members and considers their opinions before making decisions. This style of leadership is characterized by collaboration, open communication, and a willingness to learn from others. Democratic leadership is generally considered to be the most effective leadership style for most situations.
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John spends his budget on food and clothing each month. His utility function is given byTU = 100C0. 25F0. 75. The marginal rate of substitution of clothing for food is:
The marginal rate of substitution (MRS) of clothing for food is the amount of clothing that John is willing to give up for one additional unit of food while keeping his level of satisfaction constant. In other words, it is the slope of the indifference curve at a given point.
According to John's utility function, he values clothing more than food since the exponent for clothing (0.75) is greater than that for food (0.25). Therefore, the MRS of clothing for food is likely to be high since he would need to give up more clothing to gain one unit of food.
For example, if John currently consumes 10 units of clothing and 5 units of food per month, and he is willing to give up 2 units of clothing to gain 1 unit of food, then his MRS of clothing for food is 2.
The MRS of clothing for food is an important concept in economics as it helps to explain how individuals allocate their resources between different goods. It also helps firms to determine the optimal mix of inputs to produce a given level of output.
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A group is a number of people who
Answer:
A group of people or things is a number of people or things which are together in one place at one time.
household play a role in the circular flow of goods by
Answer:
C) purchasing goods at product markets
Answer:
C. purchasing goods at product markets
Explanation:
It said on the test
1. what is Business income
I think Business income is a type of earned income and is classified as ordinary income for tax purposes.
have a nice day:)
The opening balance of Prize Fund was Rs 1,00,000. During the year, donations received towards this fund amounted to Rs 15,400, amount spent on prizes was Rs 12,300 and interest received on prize fund investment was Rs 4,000. The closing balance of Prize Fund will be :
Answer:
Rs 10,700
Explanation:
The closing balance will be
Opening prize Rs 100,000
Add
Donations received Rs 15,400
Interest received Rs 4,000
Total at hand Rs 119,400
less
amount on prizes Rs 12,300
closing balance Rs 10,700
Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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globex corp. is an all-equity firm, and it has a beta of 1. it is considering changing its capital structure to 65% equity and 35% debt. the firm’s cost of debt will be 10%, and it will face a tax rate of 25%. what will globex corp.’s beta be if it decides to make this change in its capital structure?
If Globex Corp. changes its capital structure to 65% equity and 35% debt, its beta will change to a new value of beta.
To calculate the new beta, we can use the formula:
New Beta = (Equity Portion * Current Beta) + (Debt Portion * Beta of Debt * (1 - Tax Rate))
Given that Globex Corp. is currently an all-equity firm with a beta of 1, the current beta is 1. The new capital structure will be 65% equity and 35% debt.
Substituting the given values into the formula, we have:
New Beta = (0.65 * 1) + (0.35 * Beta of Debt * (1 - 0.25))
Since the problem does not provide the specific beta of debt, we are unable to calculate the exact new beta. We would need to know the beta of debt for Globex Corp. or have additional information to estimate it.
However, with the given information, we can understand the process and formula used to calculate the new beta when changing the capital structure. By incorporating debt into the capital structure, the overall risk profile of the firm may change, resulting in a new beta that reflects the impact of both equity and debt components on the firm's systematic risk.
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Which one of the following is most likely to result in an increase in producer surplus in the market for cow's milk? (WITH EXPLANATION PLEASE)
A) consumers switching from cow's milk to soya milk
B) health care highlighting problems of consuming cow's milk
C) an advert highlighting the benefits of cow's milk
D) an increase in indirect taxes charged on cow's milk
Which of the following is not a life role category?
O Risk Taker
O Worker
O Family Member
O Learner
Risk Taker is not a life role category.
A life role is a set of expectations, behaviors and attitudes that a society assigns to a person based on their gender, age, social status, race or other factors. For example, in many cultures women are expected to be loving, nurturing and care-givers, while men are expected to be strong, provider-types.
Life roles help to define how we see ourselves and how we are seen by others. They can be a source of satisfaction and fulfilment, but they can also be a source of stress and frustration if they do not fit with our own personal aspirations and identity.
Hence, the correct option is "First".
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The formula for using monthly advertising expenditure to predict monthly sales revenue for a certain company is Y' = 1.81X + 5843 (all values in dollars). This indicates that a. the company is wasting money on advertising b. 5843 is spent on advertising each month c. each dollar spent on advertising increases revenue by $1.81 d. spending 5843 dollar on advertising increases sales by a factor of 2
The correct answer is c. Each dollar spent on advertising increases revenue by $1.81.
In the given formula, Y' represents the predicted monthly sales revenue, X represents the monthly advertising expenditure, 1.81 is the coefficient of X, and 5843 is a constant term.
The coefficient of X (1.81) indicates the relationship between the advertising expenditure and the predicted sales revenue. In this case, for each dollar spent on advertising (X), the predicted sales revenue (Y') increases by $1.81. Therefore, option c is the correct answer.
Option a is incorrect because the formula does not suggest that the company is wasting money on advertising. Option b is incorrect because 5843 is not the amount spent on advertising each month but rather a constant term in the formula. Option d is incorrect because the formula does not provide information about the specific effect of spending $5843 on advertising.
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Whenever a customer's check
bounces, what account is credited?
A. Cash Equivalents
B. Accounts Receivable
C. Checks
D. Cash
what kind of technology refers as local technology or indigenous technology ?
Answer:
Local technology refers to the technology which are used in our locality from the ancient time and are made of locally available materials for the welfare of local people.
Answer:
Local technology refers to the technology which are used in our locality from the ancient time and are made of locally available materials for the welfare of local people.
Explanation:
Which of the following set is correctly depicting the same type of production: I. bridges, fishing, rum II. Hotel worker, processed coffee, sugar
III. furniture, clothing, roadway IV. all the above
Each sector of the economy involves a different type of production process.
Which of the following set is correctly depicting the same type of production?The correct set that is depicting the same type of production is set II, which includes hotel worker, processed coffee, and sugar.
In set II includes hotel workers, processed coffee, and sugar. Hotel workers are part of the service sector, which involves providing intangible goods and services such as hospitality, entertainment, and transportation. Processed coffee and sugar are part of the manufacturing sector, which involves the transformation of raw materials into finished goods for consumption. These items are all related to the same sector of the economy, which is the service and manufacturing sector.
In contrast, set I includes a mix of production types. Bridges are part of the construction sector, fishing is part of the primary sector (which involves extracting natural resources), and rum is part of the manufacturing sector. These items are not related to the same type of production.
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what is the microscope used to determine the shape of the nuclie of white blood cells?
a. Light microscope
b. Scanning electron microscope
c. Transmission electron microscope
d. Both B & C
Answer:
C
Explanation:
Answer:
A. light microscope
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
Las ventas a crédito originan siempre: (una única respuesta correcta) 10 -5 Un activo para el comprador y un pasivo para el vendedor. Un beneficio para el vendedor. Un gasto para el comprador. Un activo para el vendedor y un pasivo para el comprador.
Answer:
Un activo para el vendedor y un pasivo para el comprador.
Explanation:
Si registramos una venta a credito tenemos la siguiente transaction desde el punto de vista del vendedor:
D Cuentas por cobrar XY
C Ventas XY
Se genera un activo
Si registramos la transaction desde el punto de vista del comprador:
D Activo XY
C Cuentas por pagar XY
Aca generamos una pasivo
Briefly explain what is the "Random Walk" and the Efficient
Market Hypothesis?
Random Walk:Random walk refers to the changes in the stock prices which are entirely random and unpredictable. This concept is based on the notion that stock prices have no memory of past pricing information. It is assumed that stocks are unpredictable, and the future price movements cannot be determined by past trends, events, or data.
Random Walk:Random walk refers to the changes in the stock prices which are entirely random and unpredictable. This concept is based on the notion that stock prices have no memory of past pricing information. It is assumed that stocks are unpredictable, and the future price movements cannot be determined by past trends, events, or data.Efficient Market Hypothesis:Efficient market hypothesis (EMH) is an investment theory that suggests that it is impossible to beat the stock market as stock prices are already reflecting all the relevant information. The theory implies that the stock market always adjusts to any new information and there are no opportunities for investors to make excess returns. There are three forms of efficient market hypothesis as given below:Weak form: This implies that the current stock prices reflect all the information related to past trading history.Semi-strong form: This implies that all publicly available information is reflected in the current stock prices.Strong form: This implies that all information, whether public or private, is already reflected in the stock prices. No investor can make excess returns by having private information.As efficient market hypothesis claims that the stock market prices reflect all relevant information, it implies that there is no way to predict stock prices. Therefore, investors should not try to time the market, as it is not possible to make excess returns. In conclusion, random walk implies that stock prices are unpredictable, while efficient market hypothesis implies that the stock market always reflects all available information.
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compare and contrast reference theory of meaning and idea theory of meaning
Explanation:
Reference theory of meaning is a philosophical thought that believes the meaning of a word or acronym is doing in what it points out in the world. But the idea theory of meaning feels the meaning of a word or acronym lies in the group it represents.
For example, the meaning of the term would be seen as relating to illnesses and viruses as well as number of years from the point of view of idea theory of meaning. While the reference theory of meaning would allude the meaning using proper reference to the illness (Coronavirus) that caused the disease.
.3. One day you happen to hear a snippet of conversation between two graduate students, who are drinking coffee and contemplating an open box of exquisitely delicious chocolate truffles in the Page Break Café. The first student opines that one can definitely outline a set of objective design principles that should underpin the construction of any professional chart or map. The second student disagrees vehemently and argues that the one and only important thing to worry about is aesthetics. The first student is speechless. What do you think? Use your knowledge of data visualization to inform your answer, and be sure to explain your answer carefully.
The debate between the two graduate students revolves around the importance of objective design principles versus aesthetics in the construction of professional charts or maps.
Objective design principles in data visualization serve as guidelines to ensure clarity, accuracy, and effective communication of information. These principles include considerations such as appropriate use of colors, legibility of text, proper labeling, and accurate representation of data. By adhering to these principles, charts and maps can convey the intended message clearly, facilitating data comprehension and analysis.
However, aesthetics cannot be disregarded. Visual appeal and aesthetics contribute to the overall user experience and can enhance engagement with the data. An aesthetically pleasing chart or map can captivate the viewer's attention, stimulate interest, and encourage exploration of the data. Attention to aesthetics involves aspects such as visual balance, appropriate use of visuals and typography, and overall design coherence.
Both objective design principles and aesthetics are important in data visualization because they serve different purposes. Objective design principles ensure accuracy and effective communication, while aesthetics enhance engagement and user experience. Striking a balance between these two aspects is crucial to create visually appealing and informative visualizations that effectively convey the intended message while engaging the audience.
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You need to be sure that the prices chosen for each room type are:
Attracting visitors looking for a good deal, High enough to cover costs and turn a profit, competitive with nearby motels.
What class of hotel is it?Hotels can be divided into several categories, including those based on their size, location, services, star rating, and facilities. The most prevalent classifications for hotels are property type and service level (full or limited) (full-service resort, limited-service hotel, and so on).
How do basic and standard rooms differ?Basic lodgings are similarly small but marginally larger than a budget, and they have a window with a restricted outlook. For instance, standard rooms are more roomy and come with a view of the city. Budget, basic, and standard lodgings are small in size, and the same is true of the restrooms.
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Question:
When setting room rates in a hotel, what are the factors to consider to ensure that the prices chosen for each room type are:
Appealing to guests shopping for good value
Competitive with neighborhood hotels
High enough to cover costs and create profit
What is one of the biggest challenges when companies are committed to sustainability?.
Making the business case is one of the biggest challenges when companies are committed to sustainability. As sustainability is the better because it takes the business in a long run.
What are the cause of sustainability of business?As the modern world, the risk of taking business in a long run becomes difficult because frequently change in technologies and trends of business.
Some challenges of sustainability are Loss of trust in the global corporation, Transparency is the new norm, Rapidly growing inequality, increased hazards and risks to business.
Thus, Making the business case is one of the biggest challenges
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. Which of the following is a true statement regarding a performance indicator? a. All healthcare organizations are required to report a performance indicator b. Only governmental health care organizations are required to report a performance indicator. c. The purpose of reporting a performance indicator is to make it easier to compare the result of operations of not-for-profit health care organizations to those of for-profit health care organizations d. The purpose of reporting a performance indicator is to assist in evaluating the efficiency and effectiveness of a health care organization’s operating activities.
Answer:
C. The purpose of reporting a performance indicator is to make it easier to compare the results of operations of not-for-profit health care organizations to those of for-profit health care organizations.
Explanation:
performance indicator which can as well be regarded as key performance indicator is reffered to type of performance measurement, which enables evaluation of the success of an organization as well as particular activities like projects, products and
programs, that the company engage in.
It should be noted that The purpose of reporting a performance indicator is to make it easier to compare the results of operations of not-for-profit health care organizations to those of for-profit health care organizations.
Tamica doesn’t say because she lives with her parents and doesn’t think she needs any savings since they cover most of her bills which of the following is an argument against her thinking
Answer:
Savings prepare for emergencies
Explanation:
They really do
Savings prepare for emergencies.
How much should you have in your savings account for emergencies?Even as the scale of your emergency fund will vary relying on your lifestyle, costs, profits, and dependents, the rule of thumb is to put away a minimum of three monthly months' nicely really worth of expenses.
What should monthly you save monthly for a catastrophe?Some financial specialists advocate saving for three-6 months well well worth of residing fees, and even though that is without a doubt an intention month-to-month aspire month-to-month, constructing an emergency fund period of this value is a daunting challenge, and as an end result, lots of us throw in the month before even getting started out.
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