Answer:
$102,000
Explanation:
Since Brooke contributed the land, the gain realized before the land was contributed = $120,000 - $90,000 will be allocated entirely to her. She will also be allocated 40% of the gain after the contribution was made = ($150,000 - $120,000) x 40% = $30,000 x 40% = $12,000.
So the total gain recognized by Brooke will be $90,000 + $12,000 = $102,000.
Partnerships are pass through entities, the partners are taxed, not the partnership itself.
False.
Asset are things you own, Debts are things you owe.
Hope that Helps :3
Answer:
The options for the question is:
A. pre-sale net
B. syndicate group net
C. designated net
D. member takedown
Explanation:
The answer is D. member takedown
The priority accorded to the order by the manager will be treated as member takedown orders, and if there is sufficient interest in the issue, the order would not be filled because of the other orders with higher priority being filled first.
When an order is placed with the syndicate by a member for an "accumulation account" that is being managed by that member, it is strange in that the bonds are not being sold to the general public.
The syndicate member must disclose to the manager when the order is placed; the manager will then disclose any of these orders that have been filled to the other syndicate members when the account is closed; and the manager will fill these orders last- meaning they get priority after pre-sales, group, and designated orders.
Answer: Economical requirements
Explanation: Economic requirements refers to the financial and economic position of an economy which affects the preferences and wants of the individuals living in that economy.
In the given case, the company is offering single bar pack as the asian countries do not have high purchasing power as in Canada. If the company offers their regular packages then its price would be high and a large portion of economy might not be able to buy it.
Answer:
Loans and deposits would increase by the same amount as the deposit
