Answer:
mack tax basis in prairee on 31 december = 307000
correct option is a. $307,000
Explanation:
given data
tax basis = $320,000
net business income = $152,000
services rendered = $4,000
distribution = $50,000
solution
we know allocated income is here
allocated income = net business income - guaranteed payment
allocated income = 152000 - 4000
allocated income = 148000
so
mack share of net income is 25 % of allocated income
mack share of net income = 37000
so
mack tax basis in prairee on 31 december = 320000 + 37000 - 50000
mack tax basis in prairee on 31 december = 307000
Answer:
balance sheet
Explanation:
Businesses are required to prepare a balance sheet at the end of every financial year. The balance reports the net worth of a company. It lists all the assets and their values on one side and liabilities and equity on the side. The balance sheet follows the accounting equation to indicate the total assets on one side. It shows how the assets have been financed through liabilities and equity.
Answer:
bots
Explanation:
A bot is an application which simulates an individual's interaction with other users or systems. They are usually able to perform simple and repetitive tasks in large quantitative which would be very improbable for a human to perform, e.g. they can spend several days in social media applications.
In this case, brokers probably used bots to purchase tickets by making several small purchases.
The elements surrounding a word which influence its meaning are called the CONTEXT.
Context is also defined as the set of circumstances in a communicative situation which will influence how the word is perceived, received, and understood.
