Operating income: On an adjusted basis
, operating income for the fourth quarter was $83 million, compared to $25 million in the year-ago quarter.
A fraction, the numerator of which is the adjusted basis
of the intangible as of the disposition date; the denominator is the total adjusted basis
of all retained Sec.
The total amount of the liabilities the three transferred to the corporation exceeded the adjusted basis
of the property by $510,690.
Coverage metrics, on a risk adjusted basis
remain adequate, especially given the inherent volatility normally associated with development business cash flows.
S's adjusted basis
was $10 for asset A and $50 for asset B.
To determine the adjusted basis
of each share in a category, the total adjusted basis
of all the shares in the category is divided by the total shares in the category at that time.
The loss is the lesser of his adjusted basis
in the investment ($100,000) or the difference in the property's FMV immediately before and after the theft.
Alden's adjusted basis
in her interest in ABC Partnership is $5,000.
Maloof (65) dealt with a sole shareholder guaranteeing a $4 million bank loan, assigning a life insurance policy as collateral and taking the position that this gave him adjusted basis
for loss under Sec.
No assets contributed to the partnership had an adjusted basis
in excess of FMV on contribution.
Generally, a building's adjusted basis
is equal to its purchase price less land value plus capital improvements made, less depreciation taken.
The gain on the transaction, as determined under IRC section 1001, is the difference between the amount realized on the disposition and the properry's adjusted basis