Answer:
The answer is: A) a market in which buying and selling take place at prices that violate government price regulations.
Explanation:
Black markets happen when entities (individuals or businesses) engage in trading of goods and services that are prohibited by the governments. Or when the entities engage in trading activities and do not want to pay taxes from those transactions.
Answer:
(A) $10,000
Explanation:
The beginning of the partnership basis for tax purposes consists of all the money paid to the partnership which is $10, 000. The comission fee $1,000, the up-front costs which are $500 for legal expenditures, and $500 for organization costs are all included in the $10000 price and are integral part of the beginning basis. There are no up front deductions for these costs.
Adjustments to the beginning basis will occur after the partnership's first year of operations. At that point, a K-1 is issued, showing that partner's share of partnership income and loss; and any cash distributions made by the partnership or additional cash contributions made to the partnership. All of these items are netted against the beginning basis to arrive at the year-end adjusted basis. So the customer's beginning tax basis is $10,000.
Answer:
D. Approximately $926,000
Explanation:
To compute the purchasing power of president of the united state's salary in 1940, we will divide 100 by 8.1
= 100/8.1
= 12.3457
The next step is to multiply the above result by $75,000
= 12.3457 × $75,000
= $925,925.93
The above means that in real dollars adjusted to inflation, the president in 1940 earned more than twice the president in 2000
Therefore, 1940 presidential salary measured in yes of purchasing power of the dollar in 2000 would be approximately $926,000
Answer:
Chefs? that wash the ingredients purely
Explanation: