Answer:
Explanation: Subtract from net income to arrive at net cash flows from operating activities.
Given: -
Sarah's income = 25% of the partnership income but not less than $12,000.
Net income of partnership for the year = $32,000.
To find: -
1) Amount that can be deducted by partnership as guaranteed payment.
2) Income that Sarah is to report on her tax return.
Solution: -
Partnership income = $32,000
Sarah's share = 25% of 32000 = $8,000
But Sarah must receive $12,000 (Shortfall $12,000-$8,000=$4,000)
So, 1) $4,000 can be deducted by partnership as guaranteed payment.
2) Income that Sarah needs to report on her tax return = $12,000.
The answer is: B, A boss who is respectful and cooperative. Hope this helped.
Answer:
yes it makes.although it doesn't buy love and affection. it fulfills our need which makes us happy.
Answer:
hello the Thrift segment customers table is missing hence i will give you a general guideline to the correct answer
answer : Of all the products listed, the product with the highest survey score in the month of December is the most competitive at the end of last year.
Explanation:
The product that was the most competitive at the end of last year is the product with the highest survey score for the month of December. this is because the more competitive a survey score of a product is, it signifies that more customers are interested in the product and that will make the product very competitive in the open market
