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JulsSmile [24]
3 years ago
7

Ten years​ ago, Latesha acquired a one-third interest in Dana​ Associates, a​ partnership, for​ $26,000 cash. This​ year, Latesh

a's entire interest in the partnership is liquidated when her basis is​ $24,000. Dana's assets consist of the​ following: cash,​ $20,000; inventory with a basis of​ $46,000 and an FMV of​ $40,000. Dana has no liabilities. Latesha receives the cash of​ $20,000 in liquidation of her entire interest. What is​ Latesha's recognized loss on the liquidation of her interest in​ Dana?A. y B $4,000 short-term capital loss and $2,000 ordinary loss B. $4,000 long-term capital loss C. $4,000 long-term capital loss and $2,000 ordinary lossD. $0.
Business
1 answer:
Crazy boy [7]3 years ago
6 0

Answer:

B. $4,000 long-term capital loss

Explanation:

Please see attachment .

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Paula is considering the purchase of a new car. She has narrowed her search to two cars that are equally appealing to her. Car A
wolverine [178]

Answer:

Paula should purchase car B.

Explanation:

If Paula purchases car A, then her total payments will be $22,000 ($458.33 per month).

If instead she purchases car B, she will need to finance $20,200 for 3 years and her monthly payments will be $447.11. Total payments = $447.11 x 48 = $21,461.28.

this is an ordinary annuity and in order to calculate the monthly payment you must:

monthly payment = principal / annuity factor (PV, 0.25%, 48 periods) = $20,200 / 45.17869 = $447.1134511 = $447.11.

6 0
3 years ago
Where could student researchers and/or student subjects find additional resources regarding the IRB approval process? (There may
nadya68 [22]

Answer:

Faculty advisor/Research Mentor

IRB office

Explanation:

The primary purpose of the IRB is to protect the rights and welfare of human subjects involved in research activities being conducted under its authority.

IRB approval is required before you start your research.

Federal regulations require that research projects involving human subjects be reviewed by an Institutional Review Board (IRB). The IRB must approve or determine the project to be exempt prior to the start of any research activities.

4 0
3 years ago
Read 3 more answers
If the marginal benefit of an activity is greater than marginal cost of an activety, then you are better off___
zloy xaker [14]

As long as the marginal benefits are higher than the marginal costs you are better off continuing the activity.

Consider the example of eating pizza. Each slice of pizza gives you happiness and helps fill you up (marginal benefit), but each slice also has lots of calories and fat (marginal cost). As long as you are still hungry and getting enjoyment from eating, you should keep eating. But once you reach the point where you are too full then you should stop, because the costs now outweigh the benefits.

3 0
3 years ago
When the decisions of a company are very risky and low-level managers lack decision-making skills, the company will tend to
Masteriza [31]

Answer: centralization

Explanation:

When the decisions of a company are very risky and low-level managers lack decision-making skills, the company will tend to centralize.

Centralization is simply when an organizational activities especially those that has to do with decision making, planning, framing policies and strategies are all concentrated in a particular location group.

7 0
3 years ago
A brand manager for a certain company must determine how much time to allocate between radio and television advertising during t
forsale [732]

Answer:

Optimization

Explanation:

Since we were told that the brand manager has limited budget of $25,000 which makes the manager to decide that television adverts is much more effective than radio adverts making him to allocates, at least 70% of the time to television, based on this I wiill run OPTIMIZATION test reason been that optimization will help and enable me to make the best or most effective use of available resource which will in turn Reduce costs while improving the performance which is why the brand manager decide to allocate 70% to Television in order to make the business more efficient as well as cost effective.

5 0
3 years ago
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