Answer:
$50,000
Explanation:
Data provided in the question:
Interest owned by Gladys Peel in the capital and profits of the partnership = 50%
Fair market value = $10,000
Value of the land acquired = $16,000
Partnership's net income = $94,000
Loss recorded = $6,000
Now,
The loss must be separately passed through to partners as it is a Sec. 1231 loss.
Therefore,
Partnership ordinary income = $94,000 + $6,000
= $100,000
Hence,
Peel's distributive share of ordinary income from the partnership for 2019
= 50% of Partnership ordinary income
= 0.50 × $100,000
= $50,000
Answer:
Yes it is paid every year
Explanation:
Answer:
The correct answer is A. Reduces private-sector economic risk.
Explanation:
Economic risk refers to the uncertainty produced in the return on investment due to changes in the economic situation of the sector in which the company operates. Thus, by way of example, this risk may come from: the management policy of the company, the policy of distribution of products or services, the appearance of new competitors, the alteration in the tastes of consumers, and so on.
Economic risk is a direct consequence of investment decisions. So the structure of the company's assets is responsible for the level and variability of operating benefits.
Answer: High rate of return, High risk, Moderate liquidity
Explanation:
Answer: whether the differential benefits exceed the differential costs
Explanation:
