Business, 07.04.2020 20:27, kirkhester1
Robert sells his 30% interest in Kashmir Partnership on July 1 to Jimmy for $80,000. Robert's outside basis in Kashmir was $50,000 at the start of the year. Kashmir recognizes an ordinary loss of $30,000 for the entire calendar year. The partnership agreements calls for Kashmir to allocate income or loss using the proration method. How much loss is allocated to Robert and what is his basis at the time of sale?
Answers: 3
Business, 22.06.2019 10:50, lindalu
Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.
Answers: 3
Business, 22.06.2019 10:50, iaminu50
Jen left a job paying $75,000 per year to start her own florist shop in a building she owns. the market value of the building is $120,000. she pays $35,000 per year for flowers and other supplies, and has a bank account that pays 5 percent interest. what is the economic cost of jen's business?
Answers: 3
Business, 22.06.2019 19:40, raewalker23p4ibhy
Banana computers has decided to procure processing chips required for its laptops from external suppliers instead of manufacturing them in their own facilities. how will this decision affect the firm? a. the firm will be protected against the principal-agent problem. b. the firm's administrative costs will be low because of necessary bureaucracy. c. the firm will have more flexibility in purchasing and comparing prices of goods and services. d. the firm will have high-powered incentives, such as hourly wages and salaries.
Answers: 3
Robert sells his 30% interest in Kashmir Partnership on July 1 to Jimmy for $80,000. Robert's outsid...
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