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Nikolay [14]
1 year 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]1 year 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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Answer:

It is Business Impact Assessment (B)

Explanation:

Organizational plans and business decisions are vulnerable to various risks that could hinder them from materializing .

After business decisions have been made at strategic level, there is a need to carry out their business impact assessment to understand the relationship that exist between their impact and their  likelihood of occurrence.

Having assessed the impact and likelihood of occurrence, some risks are accepted,transferred while some are completely avoided.

6 0
3 years ago
Which rules and regulations govern advertising to protect the consumer from deceptive or misleading claims?
Fed [463]

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Answer: Option (d)

<u>Explanation:</u>

Advertising regulations is a consumer protection act that safeguards the peoples from being misled in false information about sales and trade.

These regulations evaluates the bad products in a company and makes it fail easily.

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7 0
3 years ago
The main focus of the marketing concept is: a) Selling as many goods as possible b) Maximising revenue c) Meeting the needs and
Elena-2011 [213]

Answer:

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5 0
2 years ago
Help I will give brainliest at least a couple done
Tatiana [17]

Answer:

#2 is concierge

#3 is event planner

#4 is cafeteria worker

#5 is garden ranger

#6 is exhibit developer

#7 is kitchen steward

#8 is destination manager

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#10 is desk clerk

#11 is bell captain

#12 is slot supervisor

#13 is club membership developer

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#18 is waiter

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#20 is product demonstrator

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#23 is ticket taker

#24 is tour operator

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Explanation:

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4 0
2 years ago
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