Answer:
Puffin’s E & P after taking into account the distribution of the car is $6,000.
Explanation:
E & P will be decreased by the higher of the adjusted basis or the fair market value of the distributed property, net of any liabilities. The distribution losses will not be taken into consideration when determining E & P. Thus the current E & P of Puffin’s $30,000 is reduced by $24,000 ($30,000 basis of the car minus the liability amount). The remaining after the distribution current E & P will be $6,000.
Therefore, Puffin’s E & P after taking into account the distribution of the car is $6,000.
Answer:
Decrease of $18,000
Explanation:
As there is a payment of dividend so it would reduce the stockholder equity by $50,000
And, there is an increase in account receivable for rendering the service that means the service revenue would increased so the stockholder equity would increased by $32,000
Now the net effect would be
= -$50,000 + $32,000
= -$18,000
The food handler must call the emergency medical service so that the patient can be seen as soon as possible and avoid a serious medical risk.
<h3>What is an allergy?</h3>
It is a term that refers to a set of alterations in the body that can affect the systems
- Respiratory
- Nervous
- Immunological
Allergies generally occur when the body has an extreme sensitivity to a substance to which it has been exposed, and that under normal conditions do not cause these alterations.
According to the above, the best way to treat an allergy is to call the emergency medical system because the patient's allergic reaction can be severe and cause choking or other serious symptoms that can cause death.
Learn more about allergies in: brainly.com/question/4168996
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In resources at her school or public library
~Apex