Pursuant to plan of reorganization adopted in the curren year, newman corporation exchanged property with an adjusted basis of 80,000 for 5,000 shares of jabot corporation stock. the jabot shares had a fair market value of 95,000 on the date of the exchange. newman corporation was liquidated shortly after the exchange with its sole shareholder. victor, receiving the jabot shares. victor had a dollar 90,000 basis in the newman shares surrendered.
1. as a result of the exchange, what are victor's recognized gain and his basis in the jabot stock?

Quantitative problem: you need $20,000 to purchase a used car. your wealthy uncle is willing to lend you the money as an amortized loan. he would like you to make annual payments for 4 years, with the first payment to be made one year from today. he requires a 8% annual return. what will be your annual loan payments? round your answer to the nearest cent. do not round intermediate calculations. $ how much of your first payment will be applied to interest and to principal repayment? round your answer to the nearest cent. do not round intermediate calculations. interest: $ principal repayment

Brandt enterprises is considering a new project that has a cost of $1,000,000, and the cfo set up the following simple decision tree to show its three most likely scenarios. the firm could arrange with its work force and suppliers to cease operations at the end of year 1 should it choose to do so, but to obtain this abandonment option, it would have to make a payment to those parties. how much is the option to abandon worth to the firm?

En major recording acts are able to play at the stadium. if the average profit margin for a concert is $175,000, how much would the stadium clear for all of these events combined?