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
vichka [17]
3 years ago
9

Stephanie is a 40 percent partner in the SKY Partnership. During the current tax year, the partnership reported ordinary income

of $210,000 before payment of guaranteed payments and distributions to partners. The partnership paid guaranteed payments to partners Stephanie, Kirsten, and Yule of $30,000 each ($90,000 total). How much will Stephanie's adjusted gross income increase as a result of the above items?
A. $88,000
B. $48,000
C. $78,000
D. $66,000
Business
1 answer:
gregori [183]3 years ago
5 0

Answer:

The answer is Option B.

$48000

Explanation:

Guaranteed payment                                                 $30,000.00  

Balance distribution [($210000-$90000)*40%]         $48,000.00  

Stephanie's adjusted gross income                         $78,000.00  

Less : Guaranteed Payment every year                 $30,000.00  

Increase in Stephanie's adjusted gross income         $48,000.00  

You might be interested in
What term defines the prescribed forms and practices of appropriate behavior?.
Anastaziya [24]

The term that defines the prescribed forms and practices of appropriate behavior is called etiquette.

<h3>What is etiquette?</h3>

Etiquette are behavior expected to be complied with people. It means acceptable standard of behavior in the society.

Hence, the term that defines the prescribed forms and practices of appropriate behavior is called etiquette.

Learn more about etiquette here : brainly.com/question/5718637

#SPJ1

4 0
2 years ago
The _____ is a more specific goal that unifies company-wide efforts, stretches and challenges the organization, and possesses a
Rus_ich [418]

Answer:

The correct answer is strategic objective.

Explanation:

The strategic objectives are the goals that a company proposes in a term greater than one year to achieve a certain objective according to its business vision. It also includes strategies to reach that goal. Here are some examples of strategic objectives.

The strategic objectives will be based on the vision or idea that is born with the company, determining its mission and values, in addition to conditioning the actions that will be carried out in order to achieve them.

5 0
3 years ago
Shares of Notung Cutlery Corp. closed 2010 at $75 per share. Notunghad 14.5 million shares outstanding. The assets are valued at
Kay [80]

Answer:

If you considered that outstanding shares are equal that total shares, then: market capitalization is $1.085 billions; market value added is $477.5 millions and the market-ti-book ratio is 1.78.

Explanation:

To get these numbers we calculate as follow: market capitalization = number of shares multiply by the price per share (75$ x 14.5 million); marked value added = market capitalization - (total assets - liabilities) [1.085 Bn - (1 Bn - 390 m)] ; and market-to-book ratio = market capitalization / book value (1.085bn/610m)

6 0
3 years ago
Consider a call option on an asset with an exercise price of $100, a put option on that same asset with an exercise price of $10
zubka84 [21]

Answer: The values are missing below are the values

a. $105

b. $95

answer :

a) $5

b) -$5 ( loss )  

Explanation:

From the perspective of the long position for each of the two options  upon expiration

a) For $105

for the long position ( long call ) since the expired price > than the exercise price

i.e. $105 > $100 the profit = $105 - $100 = $5

b) For $95

For the long position ( long call ) since the expired price < than the exercise price

i.e. $95 < $100 the profit = $95 - $100 =  - $5  ( a loss is incurred )

5 0
2 years ago
Which of these describes the costs and benefits of getting a mortgage?
lianna [129]

Answer:

B

Explanation:

Mortgages prevent government regulation of property but involve higher taxes

6 0
2 years ago
Other questions:
  • According to the Consider This box about hypothetical countries Slogo, Sumgo, and Speedo, small differences in __________ make f
    9·1 answer
  • In business, failure usually means what? A. The market wasn't saturated enough. B. The company was unethical. C. The customers h
    14·2 answers
  • Alabaster Incorporated wants to be levered at a debt-to-value ratio of .6. The cost of debt is 9 percent, the tax rate is 35 per
    13·1 answer
  • In the manufacture of 8,000 units of a product, direct materials cost incurred was $154,600, direct labor cost incurred was $84,
    12·2 answers
  • Dip N’ Dunk Doughnuts has computed the net present value for capital expenditure at two locations. Relevant data related to the
    9·1 answer
  • Suppose you want to have $400,000 for g retirement in 25 years. Your account earns 8% interest. How much would you need to depos
    7·1 answer
  • For the year ended December 31, 2021, Fidelity Engineering reported pretax accounting income of $984,000. Selected information f
    10·1 answer
  • With a tax of $4,000 on $20,000 of
    14·1 answer
  • As the attrition loss in a process increases, what happens to the yield?
    14·1 answer
  • In the dell case study, engineers working closely with marketing, used lean software development strategies and numerous technol
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!