Rocky and charlie form rc partnership as equal partners. rocky contributes $100,000 into rc while charlie contributes real estate with a cost and fair market value of $100,000. during the current year, rc earned net income of $ 600,000. the partnership distributes $200,000 to each partner. the amount that rocky should report on his individual tax return a. $200,000. b. $300,000. c. $100,000. d. $0.
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Business, 21.06.2019 16:30, cashmeout28
Which of the following goals is most effective? i will purchase a house by age twenty-five. i will purchase a three-bedroom house located near cherry park by my twenty-fifth birthday. in order to reach this goal, i will graduate from college and secure a job as a software developer.
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Business, 22.06.2019 07:50, kristinaholahan
Budget in this final week, you will develop a proposed budget of $150,000 for the first year of the program and complete the final concept paper for the proposed program due for senior management review. the budget should identify the program's anticipated expenses for the year ahead. budget line items should be consistent with the proposed program and staffing plan. using the readings for the week, the south university online library, and the internet, complete the following tasks: create a proposed budget of $150,000 for the first year of the proposed program including the cost for personnel, supplies, education materials, marketing costs, and so on in a microsoft excel spreadsheet. you may transfer your budget to your report. justify the cost for each item of the proposed budget in a budget narrative.
Answers: 2
Rocky and charlie form rc partnership as equal partners. rocky contributes $100,000 into rc while ch...
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