Brent is a general partner in bc partnership. his distributive share of partnership income and his guaranteed payment for the year are as follows:
ordinary income $30,000
short−term capital gain $18,000
guaranteed payment $36,000
what is his self−employment income?
a. $84,000
b. $48,000
c. $36,000
d. $66,000

On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?

Based on what you learned about time management which of these statements are true

The market demand curve for a popular teen magazine is given by q = 80 - 10p where p is the magazine price in dollars per issue and q is the weekly magazine circulation in units of 10,000. if the circulation is 400,000 per week at the current price, what is the consumer surplus for a teen reader with maximum willingness to pay of $3 per issue?