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Nikolay [14]
2 years ago
5

Sutton is a partner of RST Partnership. RST distributed $3,000 cash and a building with an adjusted basis of $10,000 and a fair

market value of $50,000 to Sutton. Before the distributions, Sutton's basis in the partnership was $90,000. What amount of these distributions is taxable to Sutton in the current year
Business
1 answer:
Eduardwww [97]2 years ago
5 0

Based on the basis of the distributions and Sutton's basis in the partnership, the amount of taxable distributions to Sutton is $0.

<h3 /><h3>How much of the distributions can be taxed?</h3>

The distributions can only be taxed if they exceed Sutton's basis in the partnership of $90,000.

As neither the cash distribution nor the building, have enough to surpass Sutton's basis, the taxable distributions will be $0.

Find out more on taxable distributions at brainly.com/question/26474690.

#SPJ12

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Dmitry_Shevchenko [17]
It would be, B and E.
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4 years ago
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Hilton is a staunch opponent of the Scrum transition in the team. He thinks Scrum is a fad that will pass and makes his opinion
Svet_ta [14]

Answer:

Reinforce and reiterate the organization's commitment to scrum

Explanation:

The best way to deal with Hilton as in the above case is to reinforce and reiterate the organization's commitment to scrum because he is acting as a saboteur to scrum transition in the team. There is what we call synergy in a team, which signifies that a whole is better than a part hence his opinion must be ignored. The overall decision of a team in an organization supercedes that of an individual which is related to the firm's commitment on scrum.

Moreover, sending Hilton to scrum training will not be beneficial to the team because of his dislike towards the scrum transition hence the organization must make firm commitment towards scrum and ensure that Hilton's resistance is futile.

6 0
4 years ago
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Bortello Corporation produces high-quality leather boots. The company has a standard cost system and has set the following stand
yan [13]

Answer:

B. $30,000 and $15,000

Explanation:

We can compute this as follows,

We need to calculate flexed budget costs for the production of 125 boots.

Budgeted / boots are as follows,

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Direct Labor / boot = $120

The costs that should have been for 125 boots are then,

Leather = 125 * 240 = $30,000

Direct Labor = 125 * 120 = $15,000

Hope that helps.

7 0
3 years ago
James Jones, a Florida health inspector, inspected, Caribbean Eats a restaurant owned by Tom Cruise. Jones found several health
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IRAC stands for Issue, Rule, Application, Conclusion

I'll just put out issues.

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Both conducted under the table negotiations. 
7 0
4 years ago
Which assessment finding will indicate a life-threatening type i hypersensitivity reaction?
Ivan

Type I hypersensitivity reactions include localized allergic reactions such as atopic asthma (allergy-based asthma) and atopic dermatitis, but they also include systemic anaphylaxis. - Serum sickness is an example of Type III.

<h3>What is hypersensitivity ?</h3>

Any unfavorable immune system-induced reactions, such as allergies and autoimmune diseases, are referred to as hypersensitivity (also called hypersensitive reaction or intolerance). These reactions—often referred to as an immune system overreaction—can be harmful and painful. Contrast this immunologic phrase with the psychiatric term "hypersensitive," which refers to someone who may be abnormally sensitive to physical and/or emotional stimuli.

Although there is a correlation between the two, studies have shown that people with ADHD (a psychiatric disease) are more prone to experience hypersensitive reactions including allergies, asthma, and eczema than people without the disorder. Four different categories of hypersensitivity reactions exist.

To learn more about hypersensitivity  from the given link:

brainly.com/question/28321579

#SPJ4

5 0
2 years ago
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