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ratelena [41]
3 years ago
12

Jack owns a 10% interest in a partnership (not real estate) in which his at-risk amount is $42,000 at the beginning of the year.

During the year, the partnership borrows $80,000 on a nonrecourse note and incurs a loss of $60,000 from operations. Jack's at-risk amount at the end of the year is $44,000.
Mathematics
1 answer:
Lynna [10]3 years ago
5 0

Answer:  The correct answer is :  False

Step-by-step explanation:  Jack's year-end risk amount is:

10% loss :  $ 60,000 x 10% = $ 6,000

$ 42,000 - $ 6,000 = $ 36,000, this is the value of Jack's year-end risk amount

The amount a taxpayer has at risk is increased by the taxpayer's share of additional recourse debt and decreased by the share of losses from the activity. The at-risk amount is not affected by nonrecourse debt.

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3 years ago
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Kris has 4 yards of ribbon. it takes 2/3 yard to wrap one package. How many packages can Kris wrap?
Serggg [28]

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3 0
3 years ago
A person x inches tall has a pulse rate of y beats per​ minute, as given approximately by yequals600 x Superscript negative 1 di
tankabanditka [31]

Answer:

a) 5.13beats/min

b) 2.82 beats/min

Step-by-step explanation:

Given the pulse rate of a person modelled by the equation y = 600x^-1/3 for 30≤x≤75

If the height is 39inches, the instantaneous rate of change of pulse rate for the heights will be expressed as;

y = 600(39)^-1/3

y = {600(1/39)}/3

y = 600/39×3

y = 600/117

y ≈ 5.13beats/min

The instantaneous rate for a 39 inches tall person is 5.13 beats per min

b) For a 71inches tall person, the beat rate will be expressed as;

y = 600(71)^-1/3

y = {600(1/71)}/3

y = 600/71×3

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The instantaneous rate for a 71 inches tall person is 2.82 beats per min

7 0
3 years ago
The length of a rectangle 4 yd is longer than its width. If the perimeter of the rectangle is 68 yd, find its length and width.
natulia [17]

w + 4

------------------------

l l

l l w

l l

------------------------

Perimeter would be the sum of all the sides so: (w+4) + w + (w+4) + w

Perimeter is 60 yards according to your problem so: (w+4) + w + (w+4) + w = 60 yds

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w + 4 + w + w + 4 + w =

4w + 8 =

Now it's a 2-step algebra equation

4w + 8 = 60

2.Subtract 8 on both sides

4w = 56

3.Divide both sides by 4

w = 14

4 0
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