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Ratling [72]
3 years ago
6

What is fifty minuse 1

Business
2 answers:
Schach [20]3 years ago
4 0
Its forty nine for your answer
kolbaska11 [484]3 years ago
4 0
Fifty minus one is forty nine
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Carlos opens a dry cleaning store during the year. He invests $30,000 of his own money and borrows $60,000 from a local bank. He
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Answer:

$30,000

$6,000

Explanation:

Carlos risk = $30,000

Carlos risk of $30,000 is the amount of funds which he had invested in the course of his business which is why Carlos is not considered at-risk for the nonrecourse loan reason been that carlos is not found liable because the loan was not used in the business which makes him to have a risk of $30,000.

$24,000 loss that occured will reduces Carlos’ amount at-risk to $6,000

($30,000 - $24,000)

=$6,000

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