Author: Anonymous

Calculate the lateral concrete pressure for a wallformwork. The wall is 15′ high, 30′ long and 1′ thick. Concrete will be placed in 2 hours. Cement is type 1 with retarders and is normal weight (150 pcf). Temperature is 80°F, Slump is 6″ and vibration depth is 3′. Calculate minimum and maximum required concrete pressure.

Calculate the external lateral distributed load (LL) in plf to be used for the bracing design of a wall formwork that is 16′ high.  DO NOT INCLUDE THE UNITS IN YOUR ANSWER.

What is the  weight coefficient  (Cw) of a concrete that weighs 165 pcf? Include calculations if needed.

This is the same fact pattern as that above – Question 1 part b Mathis Family Dentistry Corporation is owned as follows: Josh – 200 shares Josh’s son, Jack – 200 shares Dale – 300 shares Wind River Family Dentistry Corporation – 300 shares Jack owns 40% of Wind River Family Dentistry Corporation. Dale is unrelated. Mathis Family Dentistry redeems all of Josh’s shares for $55 per share on 12/31. Josh’s AB in his Mathis Family Dentistry stock was $6,000 ($30 per share) prior to the stock redemption. Assume Mathis Family Dentistry has total E&P of $150,000.   B. Are there any other options available to Josh if he fails to qualify for sale/exchange treatment under the bright line tests? Justify your answer.  

This is the same fact pattern as that above – Question 1 part b Mathis Family Dentistry Corporation is owned as follows: Josh – 200 shares Josh’s son, Jack – 200 shares Dale – 300 shares Wind River Family Dentistry Corporation – 300 shares Jack owns 40% of Wind River Family Dentistry Corporation. Dale is unrelated. Mathis Family Dentistry redeems all of Josh’s shares for $55 per share on 12/31. Josh’s AB in his Mathis Family Dentistry stock was $6,000 ($30 per share) prior to the stock redemption. Assume Mathis Family Dentistry has total E&P of $150,000.   B. Are there any other options available to Josh if he fails to qualify for sale/exchange treatment under the bright line tests? Justify your answer.  

Aubie transfers assets to Tiger Corporation in a transaction subject to Sec. 351. Assets Transferred: Inventory with FMV  $40,000 and AB $50,000 Equipment with FMV $60,000 and AB $50,000 Investment with FMV $100,000 and AB $10,000 Total FMV $200,000 and AB of $110,000 In addition to stock, Aubie receives $60,000 cash.   A. What amount of gain/loss does Aubie recognize as a result of the transfer?

This is the same fact pattern as that above – Question 2 part d Lorrie incorporated her sole proprietorship by transferring inventory, a building, and land to the corporation in return for 100 percent of the corporation’s stock. The property transferred to the corporation had the following fair market value and adjusted bases: Inventory with FMV of $20,000 and AB of $10,000. Building with FMV of $150,000 and AB of $100,000. Land with FMV of $230,000 and AB of $300,000. Total FMV of $400,000 and AB of $410,000. The corporation also assumed a mortgage of $130,000 attached to the building and land.   D. What is the Corporation’s adjusted basis in the assets it receives? Inventory = [A] Equipment = [B] Investment = [C]

Due process:

Contamination occurs when things that should be measured in a performance appraisal are included in an employee’s performance evaluation.

This is the same fact pattern as that above – Question 2 (Continued) part f Use the information above, but change the following assumptions: The mortgage attached to the building and land was $600,000 The building has a FMV of $250,000 The land has a FMV of $530,000 Total FMV $800,000; AB of $410,000   F. What is Lorrie’s adjusted basis in the shares she receives?