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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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When a firm initiates or increases a cash discount, the net effect on the accounts receivable investment is difficult to determi
Scilla [17]

Answer:

Yes is True that when a firm initiates or increases a cash discount, the net effect on the accounts receivable investment is difficult to determine because the nondiscount takers paying earlier will reduce the accounts receivable investment, while the new customer accounts will increase this investment.

Explanation:

Accounts Receivable is any amount of money owed by customers for purchases made on credit. It is an asset account on the balance sheet since it is money due in the short run.

As a current asset, Accounts Receivable is an important aspect of a businesses' fundamental analysis used to measures a company's liquidity or ability to cover short-term obligations without additional cash flows.

Accounts receivable Investment will be reduced if the firm initiates or increases a cash discount.

6 0
3 years ago
The average compound return earned per year over a multi-year period is known as the:
Sav [38]

The average compound return earned per year over a multi-year period is known as the geometric average return.

<h3>What is an Average Return?</h3>

An average return is a mathematical average value of a number of returns generated over a specific period of time. An average return helps in measuring the past performance or portfolio of an individual or government.

When an average compound return is earned per year over a multi-year period, then it is known as the geometric return of that individual or government.

Learn more about an Average Return here:

brainly.com/question/16857172

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4 0
2 years ago
Omni Healthcare's analgesic drug Cetaprin has a 40% share in the analgesics market in the country of Terrania. Its closest compe
dangina [55]

Answer:

C) The demand for analgesic drugs in the Terranian market is expected to remain stable.

Explanation:

The options were missing:

  • A) Omni Healthcare often takes money from other strategic business units to support Cetaprin.
  • B) A customer survey shows that Cetaprin users do not prefer it to other analgesics in the market.
  • C) The demand for analgesic drugs in the Terranian market is expected to remain stable.
  • D) Febex is rapidly gaining market share over Cetaprin due to aggressive marketing efforts.
  • E) The Terranian market for healthcare products is expanding rapidly.

A cash cow is a mature product that is sold in a slow growth market, but holds a significant market share, and generate large and constant cash inflows to the company.

3 0
3 years ago
When one group controls an industry or market by being the only provider, this is called _____.
e-lub [12.9K]
When one group controls an industry or market by being the only provider, this is called MONOPOLY.

Mono - Greek monos means one or single
Poly - Greek polein means to sell.

Monopoly is a market where only one sells a certain good or service. In this type of market there is no competition thus the monopolist is not driven to improve his commodity because consumers have no other choice but to buy his product.
6 0
3 years ago
True or false? The best way to choose the right social media tool is to think about your business goals, then narrow down your c
DaniilM [7]
Don't completely understand the question, but i'm pretty sure it's TRUE. I think thi sbecause you shoul dalways think about what you are going to post or say because once you do it is there forever. Even if you delete a tweet someone most likely screenshotted it or saved it and could have sent it to countless people for all you know... again not sure if this helped or not, but good luck
4 0
4 years ago
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