Treez Ltdowns Land with a Fair Market Value of $100,000, a a Building

question 3

Multiple Choice

Treez Ltd.owns land with a fair market value of $100,000, a building with a fair market value of $75,000, and equipment with a fair market value of $25,000.These assets are used for active business conducted in Canada.Which of the following would disqualify Treez from being a small business corporation?

• A)Treez Ltd.also owns 40% of the non-eligible shares of Rock Co.(a small business corporation), which have a fair market value of $20,000.
• B)Treez Ltd.also owns portfolio shares in Leaf Co., (with less than 1% ownership), which have a fair market value of $5,000.
• C)Treez Ltd.also has long-term investments valued at $30,000.
• D)Treez Ltd.sold the equipment and used the funds to purchase 35% of the shares of Tree Co., a small business corporation.

Describe subsistence strategies during the Paleolithic, including food management.

Define diffusion and apply the concept to historical examples of cultural and technological change.

Discuss the significance of domestication and differentiate between domestic and wild plant and animal species.

Understand the basic definitions and calculations of financial metrics such as standard deviation, arithmetic average return, and variance.

---

Definitions:

Inventory

Materials and goods on hand that a business plans to sell in the regular course of operations, representing a current asset on the balance sheet.

Budgeted Purchases

The planned or forecasted amount of goods a company intends to buy over a specific period, often part of the budgeting process.

Product A

Represents a specific item or service offered by a company to its customers, identified as "A" for differentiation purposes.

Total Budgeted Sales

The total sales revenue a company anticipates to earn over a specific period as estimated during the budgeting process.