1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
maw [93]
3 years ago
9

The SSC Partnership balance sheet includes the following assets on December 31 of the current year:

Business
1 answer:
erastovalidia [21]3 years ago
7 0

The amount and character of Susan's gain or loss from the sale is $10,000 capital loss; $20,000 ordinary income.

<u>Explanation:</u>

Susan's share of unrealized receivables is $20,000 ($60,000 unrealized receivables into 1 by 3 interest). Susan will thus in the books record $20,000 of ordinary income and a $10,000 capital gain.

Susan’s share of unrealized receivable is $ 20000. Susan will recognize $20000 of ordinary income and a $10000 capital gain determined as the differnce the option shall be between the total gain of $30000 and the ordinary income of $20000. The answer from the given option is $10,000 capital loss; $20,000 ordinary income.

You might be interested in
A manager is asked to initiate activities that will support environmental scanning. Which activity should be used by this manage
alukav5142 [94]

Answer:

B)monitoring competitors

Explanation:

Competitors monitoring can be regarded as SWOT analysis of the organization competitors, it helps in the awareness of moves that can be taken by the firm compititors such as as the marketing strategies, stock as well as as pricing policy. It should be noted that for a manager to initiate activities that will support environmental scanning. Monitoring competitors activity should be used by this manager for this purpose.

3 0
3 years ago
The growth of the drug industry in canada represents which shift in organized crime? why is this important
Harrizon [31]
As the drug industry in Canada grow, Drugs that usually could be obtained only through criminal organization now can be easily obtained over the counter (as long as the requirements are met)
This make many major criminal organizations to lose their power and profits from their operation in Canada
8 0
3 years ago
Susan can pick 4 pounds of coffee in an hour or gather 2 pounds of nuts. tom can pick 2 pounds of coffee in an hour or gather 4
Kryger [21]

Answer: Total earning is $96 for both Susan and Tom

Explanation:

Susan can pick 4 pounds of coffee or 2 pounds of nuts.

Tom can pick 2 pounds of coffee or 4 pounds of nuts.

Price of Coffee = $2 per pound

Price of Nuts = $2 per pound

Opportunity cost of producing coffee for Susan = 2/4 = 0.5

Opportunity cost of producing coffee for Tom = 4/2 = 2

Opportunity cost of coffee is low for Susan, so she has a comparative advantage in it.

So, Susan produces 6*4 = 24 pounds of coffee, total revenue from sale of coffee is $24*2 = $48

Opportunity cost of producing Nuts for Susan = 4/2 = 2

Opportunity cost of producing Nuts for Tom = 2/4 = 0.5

Opportunity cost of coffee is low for Tom, so he has a comparative advantage in it.

So, Tom produces 6*4 = 24 pounds of nuts, total revenue from sale of nuts is $24*2 = $48

So, total earning = $48+$48 = $96

5 0
3 years ago
When are monopolies good?
zlopas [31]

Answer:

When Monopolies Are Good. Sometimes a monopoly is necessary. It ensures consistent delivery of a product or service that has a very high up-front cost. An example is electric and water utilities. Brainliest Please

Explanation:

3 0
3 years ago
Read 2 more answers
What's 64÷8 pox help
Gemiola [76]
64 divided by 8 is 8
7 0
3 years ago
Read 2 more answers
Other questions:
  • A formalized report that summarizes your current financial situation, analyzes your financial needs, and recommends a direction
    9·1 answer
  • A bond will pay $80 in interest at the end of each of the next three years, plus $1,000 at the end of the third year. If it has
    12·1 answer
  • After a customer buys a computer or receives service from Top Computers and Service, a service representative contacts each cust
    7·1 answer
  • Suppose a security has a bid price of $100 and an ask price of $100.12. At what price can the market-maker purchase a security?
    5·1 answer
  • Ethiopia has a GDP of $8 billion (measured in U.S. dollars) and a population of 55 million.
    6·1 answer
  • You are considering investing in one of several mutual funds. All the funds under consideration have various combinations of fro
    9·1 answer
  • Paula has developed a successful business selling appliances to homebuilders. She carefully monitors the issuance of new home pe
    7·1 answer
  • An someone find me a company that does not advertise on GOOGLE. Thank youuu
    13·1 answer
  • Insurance sales, tax preparation, personal financial advising, and investment fund management are careers in which workers can b
    7·2 answers
  • If the price is raised to $7, what would be the result in the market place? (Surplus, Shortage, or Equilibrium).
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!