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Accounting homework help

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Payroll assignment

Complete the payroll assignment on the Excel Template.

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The Martinez Company has decided to introduce a new product. The new product can be manufactured by either a capital-intensive method or a labor-intensive method. The manufacturing method will not affect the quality of the product.

M1-A3 Assignment 3: Demand and Supply

The use of E-Books has increased in recent years, especially with the advent of mobile E-Readers.  A marketing research firm recently developed the following supply and demand schedules for E-books:

 

Price/E-Book

Sam owns 100% of M Corporation’s single class of stock. Sam transfers land and a building

Sam owns 100% of M Corporation’s single class of stock. Sam transfers land and a building having a $30,000 and $100,000 adjusted basis, respectively, to M Corporation in exchange for additional M Corporation common stock worth $200,000 and IBM stock worth $20,000. The IBM stock had a $5,000 basis on M Corporation’s books. Peter transfers $50,000 in cash for 15% of the M Corporation common stock. What amount of gain or loss is recognized by Sam and M Corporation on the exchange?

Accounting Class

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Homeworks, 1 midterm exam, 1 comprehension problem and 1 final exam.  They are timed and due online.

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