A Joint Venture is the type of network that the private oil company and the government should set-up to manage the project. In other business terms, joint venture between a private and a public entity is also known as a Public-Private Partnership. It holds both parties responsible for the tasks to be delivered at hand. There are contracts and agreements between the two parties to be made in order for the project to work and become successful.
Answer:
Section 121 exclusion
Explanation:
In simple words, IRC section 121 requires a person to deduct up to $250,000 ($500,000 for dual filers) of profit from the selling (or exchange) of land that was purchased and utilized as a primary home for at minimum two of that five years preceding the sale. Thus, from the above explanation we can conclude that the correct answer is section 121 exclusion.
Answer:
$200 loss
Explanation:
The customer's paid in total $51 (market price) + $5 per share (put options) = $56 per share. If the investor exercises the put options, he/she will have a net loss of $55 (put option price) - $56 (cost) = -$1 per share. Since the investor had 200 shares, his/her total loss would equal -$1 x 200 = -$200
<span>The fact that Anshul had many innovative ideas and he applied his ideas and thoughts to this business and finally succeeded is an example of </span>entrepreneurs<span>hip.
</span>Entrepreneurship involves ideas, new solutions and concepts, creating new systems, resources, or processes to produce new goods or services and/or serve new markets.
Answer:
The adjusted book balance at August 31 is $13,824
Explanation:
The computation of the book balance is shown below:
= Cash balance + EFT payment on a note receivable + interest on the note - forgot to record check - check printing service fee - NSF check
= $11,667 + $2,830 + $150 - $643 - $80 - $100
= $13,824
The remaining transactions would be adjusted to bank balance
