Abrams company is a sole proprietorship. the book value of its identifiable net assets is $400,000, and the fair value of the same net assets is $600,000. it is agreed that the business is worth $850,000. what advantage might there be for the seller if the company is exchanged for the common stock of another corporation as opposed to receiving cash? consider both the immediate and future impact.

Which statement was true in the past but is not generally true today? a. the training and education costs for some jobs will prohibit some people from entering that career be b. young people tend to go into the same job that their parents and grandparents did see c. people need a basic level of education before they meet requirements to professional schools d. people will probably have more than one job in their active working lives