Noah and olivia form the gray corporation with the following investment:
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noah— cash $180,000
olivia— property (basis of $140,000) 200,000
each receives 1,000 shares of gray stock, but olivia also receives cash of $20,000. (each share of stock is worth $180.)
a. what is olivia’s recognized gain?
b. her basis in the gray stock?
c. what is gray’s basis in the property?

Suppose jamal purchases a pair of running shoes online for $60. if his state has a sales tax on clothing of 6 percent, how much is he required to pay in state sales tax?

Mr. beautiful, an organization that sells weight training sets, has an ordering cost of $40 for the bb-1 set. (bb-1 stands for body beautiful number 1.) the carrying cost for bb-1 is $5 per set per year. to meet demand, mr. beautiful orders large quantities of bb-1 seven times a year. the stockout cost for bb-1 is estimated to be $50 per set. over the past several years, mr. beautiful has observed the following demand during the lead time for bb-1: demand during lead time probability40 0.150 0.260 0.270 0.280 0.290 0.1total 1.0the reorder point for bb-1 is 60 sets. what level of safety stock should be maintained for bb-1?

How do i make quick money as a 13 year.old with no alouence.