Buckley corporation is merging with mdc corporation in a tax-free reorganization (under section 368). mdc transfers property (basis of $300,000 fair market value of $700,000 and a business liability of $150,000) to buckley in exchange for voting shares in buckley corporation. mdc transfers the buckley shares to its shareholders in exchange for their mdc stock. mdc then liquates. as a result of these transfers: 1) what is the fmv of the stock? 2) what is mdc corporation’s realized gain or loss? 3) what is mdc corporation’s recognized gain or loss? 4) what is buckley corporation’s realized gain or loss? 5) what is buckley corporation’s recognized gain or loss? do you need any additional information?

Identify the level of the literature hierarchy for u.s. gaap to which each item belongs

The largest elements of community corrections are

Amanufacturing firm is considering overhauling the existing compensation strategy. currently every front line employee who works on the assembly line earns the same hourly wage. ideally, management would like to institute a new pay system that involves pay-for-performance. which of the following recommendations is both consistent with scientific management's general emphases and generally good advice for management of this firma. the firm should adopt a differential pay system with one pay level for average performance, and a higher level for good performance. b. the firm should adopt a differential pay system, but the firm should modify it from its original design and provide many different levels of pay associated with different performance levels. c. the firm should understand worker psychology and to focus on pay as the key motivator. d. all of the abovee. none of the above