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
ElenaW [278]
3 years ago
5

George retired from a local law firm and then volunteered to oversee a nonprofit's legal records. george is performing the dutie

s of a:
Business
1 answer:
motikmotik3 years ago
4 0
Hello

George retired from a local law firm and then volunteered to oversee a nonprofits legal records. George is performing the duties of a corporate secretary

Thanks
You might be interested in
You invest 50% of your money in security A with a beta of 1.6 and the rest of your money in security B with a beta of 0.7. The b
nevsk [136]

Answer:

The answer is D). 1.15, hope this helps, have a great day/night, stay safe, happy thanksgiving!

8 0
3 years ago
Emma and Laine form the equal EL Partnership. Emma contributes cash of $100,000. Laine contributes property with an adjusted bas
zavuch27 [327]

Emma and Laine form the equal EL Partnership. Emma contributes cash of $100,000. Laine contributes property with an adjusted basis of $40,000 and a fair market value of $100,000

Explanation:

As given in the question

  • <u>Emma and Laine form the equal EL Partnership.</u>
  • <u>Emma contributes cash of $100,000 in EL Partnership</u>
  • <u>Laine contributes property with an adjusted basis of $40,000</u>

1)How much gain, if any, must Emma recognize on the transfer

<u>Ans: Neither Emma nor Laine ,none of them recognize any gain.</u>

2) What is Emma's basis in her partnership interest

<u>Ans:</u><u>Emma basis in her patnership interest is $100,000 </u>

3) What is Laine's basis in her partnership interest

<u>Ans: Laine's basis in her partnership interest is $40000</u>

4) What basis does the partnership take in the property transferred by Laine

<u>Ans: $40,000</u>

5 0
3 years ago
Tom operates an illegal drug-running operation and incurred the following expenses:Salaries $ 75,000Illegal kickbacks 20,000Brib
SSSSS [86.1K]

Answer:

Correct option is B

$160,000

Explanation:

From the question above, Cost of goods sold of $160,000 is treated as a negative item in calculating gross income rather than as a deduction.

For a drug dealer like Tom, all deductions

listed above are disallowed.

8 0
3 years ago
If a consumer feels that the amount paid by the e&amp;o company is insufficient and the licensee has no money, the consumer coul
Strike441 [17]
Truth in lending "trigger terms"MUST disclose amount or % of down payment and terms of repayment and APR spelled out

8 0
3 years ago
Which statement best describes payday leaders and pawnbrokers?
miv72 [106K]
C: They charge extremely high interest rates.
6 0
2 years ago
Read 2 more answers
Other questions:
  • Indicate which of the following costs should be expensed when incurred. (a) $13,000 paid to rearrange and reinstall machinery. s
    12·1 answer
  • On April 1, 2012, Allen Company signed a $100,000, one-year, 6 percent note payable. At due date, March 31, 2013, the principal
    11·1 answer
  • Which action is among the recommendations for decreasing global hunger in the long run?
    5·1 answer
  • Once a company has diversified into a collection of related or unrelated businesses and concludes that some strategy adjustments
    10·1 answer
  • The life span of a record that follows a set of phases from creation to final disposition is called the ___________.
    7·1 answer
  • Assume a competitive firm faces a market price of $60, a cost curve of C = 0.004q^3 + 30q + 1000, and a marginal cost of curve o
    15·1 answer
  • A corporation can trade its stocks in the financial markets as ____.
    10·1 answer
  • Ray's Sounds has accumulated the following cost and market data on March 31: Cost Data Market Data iPods $24,000 $20,400 Cell ph
    14·1 answer
  • Beige Corporation, a C corporation, purchases a warehouse on August 1, 2007, for $1 million. Straight-line depreciation is taken
    11·1 answer
  • A data analyst at a nonprofit organization is working with a dataset about a summer fundraiser. Although they have a lot of usef
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!