Four Shareholders Form a New Corporation in Exchange for Stock

question 5

Multiple Choice

Four shareholders form a new corporation in exchange for stock with a fair market value of $1,000 per share.Benjamin transfers investment land (current fair market value of $35,000) that he purchased 10 year ago for $15,000.In exchange, Benjamin receives 30 shares of stock and $5,000 cash.Andrew transfers a machine with a basis of $45,000 and a fair market value of $35,000.Andrew receives 30 shares of stock and $5,000 cash.Emily transfers a rental office building (current fair market value of $45,000) that she purchased 20 years ago for $60,000.Its current basis is $15,000 after recognition of $45,000 in depreciation expense.The corporation assumes the $20,000 balance on the original mortgage and Emily receives 25 shares of stock from the corporation in the exchange.Jackson provided the legal services to organize the corporation (value $5,000) and contributes $10,000 in cash in exchange for 15 shares of stock.How much gain does Emily recognize?

• A)0
• B)$5,000
• C)$15,000
• D)$20,000

Apply Kirkpatrick's model to calculate return on investment for training programs.

Differentiate the purposes and shortcomings of different training evaluation processes and models.

Analyze challenges and strategies for assessing the impact of training, including political barriers and the application of expectancy theory.

Understand the distinctions and relationships between perceived and anticipated support.

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Definitions:

Increased

The action or process of becoming larger or more extensive.

Global Workplace Analytics

An organization or research field focused on studying and understanding trends, data, and practices related to remote work, telecommuting, and the future of work.

Regularly

means occurring at fixed intervals or consistently over time.

Improve Quality

The process of making enhancements to various aspects of a product, service, or process to increase satisfaction among users and stakeholders.