Answer:
$19,500
Explanation:
Given that,
Bob's outside basis in Freedom, LLC, = $10,000
One-fourth share of the LLC's debt = $2,500
Bob's 704(b) capital account = $17,000
Tom bought Bob's LLC interest = $17,000
Tom's outside basis be in Freedom, LLC:
= Amount paid for interest + share of LLC’s Debt
= $17,000 + $2,500
= $19,500
Based on Geert Hofstede, the cultural dimension does this most illustrate Long term vs Short term orientation.
<h3>What is Long-term orientation versus short-term orientation?</h3>
This is known to be part of the five cultural dimensions stated by Geert Hofstede.
Note that Cultures that shows a long-term orientation tells about the preparation for the future and the cultures that depicts a short-term orientation are very much concerned with short-term needs.
Therefore, Based on Geert Hofstede, the cultural dimension does this most illustrate Long term vs Short term orientation.
See options below
According to Geert Hofstede what cultural dimension does this most demonstrate?
uncertainty avoidance
Dance concession
social mobility
Long term vs Short term orientation.
Learn more about cultural dimension from
brainly.com/question/27831395
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Hope this helps. Enjoy! Explanation is provided.
Answer:
c. $334,650.
Explanation:
The computation of the capitalized cost of the land is shown below:
= Purchase value of land for building + demolished value of old building + cost of title insurance + attorney fees + property taxes - scrap value from the building
= $320,000 + $12,000 + $900 + $500 + 2,750 - $1,500
= $334,650
The property taxes would be
= Property taxes paid - covered amount
= $3,000 - $250
= $2,750