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quester
7 days ago
5

Consider the following scenarios:

Business
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Mike and Karen were divorced. Their only marital property was a personal residence with a fair market value of $1.5 million and
Katen [3525]

Answer:

Mike's acknowledged gain from the transfer of the house to him is:

$175,000

Explanation:

a) Data and Calculations:

Marital property = $1,500,000

Cost of property =  $575,000

Residual value =     $925,000

Alimony to Karen = $750,000 ($150,000 * 5)

Balance (Mike's) =  $175,000

The amount of $175,000 signifies the surplus of the fair market value of the marital property after accounting for the property's cost and the alimony paid to Karen.  Thus, Mike recognizes a gain of $175,000 following the property sale.

7 0
1 month ago
"What is the ultimate reason for trading equity for financial support? a. it is usually a deal/no deal option b. preparing for t
marusya05 [3725]

Answer:

The correct option is C: It's more probable that the entrepreneur will establish a more valuable business.

Explanation:

Firstly, the fact that companies are now trading equity for financial backing signals a crucial necessity for managerial resources to secure additional financial support, implying that firms without such backing typically experience better growth compared to those that are unsupported. Consequently, managers strive to obtain financial assistance to invest the incoming funds and improve their business performance. This indicates that when owners successfully secure supportit demonstrates to others that the business can expand, gain value, and ultimately achieve greater success.

7 0
1 month ago
Multinational forces interact with a variety of entities requiring unified actions. These entities include, but are not limited
marusya05 [3725]
d. intergovernmental organizations (IGOs). Multinational forces engage solely with international governmental organizations since they cannot interact with for-profit relief or local media agencies that require unified action.
7 0
1 month ago
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