Answer:
$850,000
Explanation:
Cramer's tax basis in its partnership interest can be estimated as follows:
Cramer's cash contribution to the general partnership = $500,000
Cramer's share of the recourse debt borrowed = $700,000 / 2 = $350,000
Cramer's tax basis in its partnership interest = Cramer's cash contribution + Cramer's share of the recourse debt = $500,000 + $350,000 = $850,000
Note:
The reecourse debt is shared equally as coventionally required when the profit and loss sharing is not stated in the question.
<span>On october 18th of 1980, <em>Mark David Chapman </em>checks out the beatles biography one day at a time from a honolulu public library. suffering from a mental illness for over a decade, he is thoroughly convinced that lennon is a hypocrite and a sell out and decides that he must kill lennon.</span>
Answer:
Please refer to the below;
Explanation:
Difference between Floor inspection and Functional inspection.
• Floor inspection is usually conducted in a production environment. It involves checking of materials while processing in the machine by inspectors. Rather than checking the materials in the machine at the beginning of production, floor inspection checks the materials while in process inorder to ensure that the defected ones are quickly detected and expunged. It also ensure that the equipments used in processing are properly functioning.
• Functional inspection is an inspection that checks the overall function of a product rather than what makes up the component parts. For instance the load capacity and speed of a vehicle can be checked for optimal performance whereas individual parts that make up the vehicle are not checked, yet bring out satisfactory performance when combined together. This form of inspection is concerned with verification of final output and does not provide details about different sections instead provides a wider understanding of comfort that emanate from inspecting same item.
Points of Convergence between Floor inspection and Functional inspection.
• The key objective of both floor and functional inspection is quality output having reviewed and examined their expectations.
• Both floor and functional inspection work to prevent defective product from flowing down the successive operations and avoid loss to the company
• Both floor and functional inspection aim at meeting customers requirements, wants and needs.
Answer:
$21
Explanation:
The earning per share of Rose Co. is $1.40
The benchmark PE of the organization is 15
We are required to find which stock price would be most appropriate
Therefore, the stock price can be calculated as follows
Stock price= Benchmark PE×Earning per share
= $1.40×15
= $21
Hence the stock price that would be considered appropriate is $21
Answer:
C) for assault and battery, because there was both a threat and a harmful action.
Explanation:
Both assault and battery are crimes but can also result be considered torts and result in civil lawsuits:
- Assault refers to a threat of bodily harm.
- Battery refers to actually harming the other person.
Since both took place in this case, Jill can be charged of both crimes and Jack can also sue her for both torts.
