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mixer [17]
3 years ago
7

Tom is talking to his friend Bob, who has an interest in Freedom, LLC, about purchasing his LLC interest. Bob's outside basis in

Freedom, LLC, is $10,000. This includes his $2,500 one-fourth share of the LLC's debt. Bob's 704(b) capital account is $17,000. If Tom bought Bob's LLC interest for $17,000, what would Tom's outside basis be in Freedom, LLC?
Business
1 answer:
Vlad [161]3 years ago
5 0

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

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Elanso [62]

Concepts like value and relationship marketing are important in designing an organization's marketing program because such a program is what connects the organization to its customers.

 Below you can read further to understand more on customer relationship Management.

<h3>What is Customer Relationship Management?</h3>

Customer relationship management refers to the process in which a business or other organization  interacts with customers, typically using data analysis to study large amounts of information.

This also involves the process of nurturing positive relationships with your customers.

Learn more about Customer Relationship Management at brainly.com/question/21299183

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4 0
1 year ago
1. The level of prices and the value of money Suppose the price level reflects the number of dollars needed to buy a basket of g
Alekssandra [29.7K]

Answer:

as the price level fall, the value of money increased.

Explanation:

the impact of deflation on an economy is that  its decreases the price level of goods and services but increases the value of currency.

this is seen by the illustration given:

In year 1, A basket cost $9 and $72 can buy 8baskets

In year 2, A basket cost $8 and $72 can buy 8baskets. though the price level as reduces but the value of $1 increases.

For example, Let say, I am buying baskets from Nigerian, provided the values of currency are not constant.

Given, N = naira

@ N1       = $9, = 8 basket is obtained

@N1.125  =$8, = 8 basket is also obtained (becaused value of currency as increased )

7 0
3 years ago
What focuses on how individual users logically access information to meet their own particular business needs?
Andrew [12]
Logical view focuses on how individual users logically access information to meet their own particular business needs. 
7 0
3 years ago
Increased government debt can lead to higher interest rates​ and, as a​ result, crowding out of private investment spending. In
prisoha [69]

Answer:

The correct answer is option D.

Explanation:

Increase in government spending may not lead to an expansionary effect on the economy because of the crowding-out effect. This is because increased borrowing to fund spending leads to increase in interest rates. Increased interest rate discourages investors leading to a decline in private investment. This further has an adverse effect on aggregate demand.  

If the debt spending is spent on constructive work such as infrastructure, research, and development, education, etc it will create value in the future. Such spending will pose less problem in the long run. Spending on education will create human capital. Spending on infrastructure and research and development will further help in the production process.

4 0
3 years ago
Some economists observe that higher profit rates in large oligopolies stem from the greater efficiency arising from _____ in the
Natasha2012 [34]

Some economists study that higher income rates in massive oligopolies stem from the greater performance bobbing up from economies of scale in these large companies.

Oligopoly traits include high barriers to new entry, fee-setting ability, the interdependence of companies, maximized revenues, product differentiation, and non-charge opposition.

Oligopolies motivate good sized Inefficiencies – to the Detriment of purchasers. part of the cause a few economists are hesitant to simply accept the market electricity explanation is the scarcity of facts that lets in them gauge the intensity of competition among corporations.

A competitive situation in which there are only some dealers (of products that may be differentiated but no longer to any great volume); each vendor has a high percentage of the market and can not afford to ignore the actions of the others.

Learn more about oligopolies stem here: brainly.com/question/3005866

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4 0
2 years ago
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