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madam [21]
3 years ago
12

Billy contributes equipment used in a trade or business that he has held for more than 1 year to a partnership in exchange for a

partnership interest. What is Billy's holding period immediately after the transfer and one year plus one day later?
Business
1 answer:
mrs_skeptik [129]3 years ago
4 0

Answer:

The answer is that long-term immediately and long-term after the year

Explanation:

The holding period of the partnership interest tacks on the previous holding period of 1231 property contributed.

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Orientation responsibilities are normally shared between:
frosja888 [35]

Answer:

d. the HR department and the new employee's immediate manager.

Explanation:

An "employee orientation" is part of a new employee's <em>onboarding process, </em>before he's trained. It often happens on the<em> first day of employment</em>. It allows the new employee to <em>feel welcomed in the company, </em>which will make him more successful in achieving his goal.

It is the role of the HR department and<em> direct manager</em> or immediate manager to conduct the orientation. It is the role of the HR to give the employee the <em><u>company handbook</u></em> and <em><u>sign contracts</u></em>. On the other hand, the immediate manager i<u><em>ntroduces the new employee to his colleagues</em></u> and<em><u> gives him a tour of the company's premise</u></em>. Some immediate managers provide a welcome party.

6 0
3 years ago
In inflation-adjusted dollars, how have average wages in the United States changed in the last 20 years? Wages have varied every
natulia [17]
The appropriate response is wages have gone down. The inflation-adjusted return is the measure of restore that considers the day and age's expansion rate. Inflation-adjusted profit uncovers the arrival for a speculation subsequent to expelling the impacts of swelling. Expelling the impacts of expansion from the arrival of a speculation enables the financial specialist to see the genuine procuring capability of the security without outer monetary powers.
5 0
3 years ago
The cam therapy that americans have come to rely on heavily for treatment of musculoskeletal problems and that many insurance co
Firlakuza [10]
<span>cam therapy that Americans have come to rely on heavily for the treatment of musculoskeletal problems and that many insurance companies will now cover is: </span><span>chiropractic medicine.
Chiropractic medicine is a form of alternative medicine that is used for treatment in the mechanical disorder of the musculoskeletal system. Over the past few years, many  researches proved that this form of treatment is actually effective and could be depended on, making the insurance companies able to cover it.

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4 0
3 years ago
Pro forma income statementAustin Grocers recently reported the following 2016 income statement (in millions of dollars):Sales $7
tia_tia [17]

Answer:

$102 million and 6.25%

Explanation:

The computation is shown below:

a. For net income

As we know that

Net income = (Earning before interest and taxes - interest) × (1 - tax rate)

where,

EBIT is calculated after finding out the sales, operating cost which is given below:

Sales = $700 million  × 1.20  = $840 million

And, the operating costs = 75% × $840 million = $630 million

So, the EBIT is

= $840 million - $630 million

= $210 million

Now the net income is

= ($210 million - $40 million) × (1 - 40%)

= $102 million

2.  Now expected growth rate in net income is

= (Latest year Net income ÷ previous year net income) - 1

= ($102 million ÷ $96 million) -1

= 6.25%

Since dividend payout ratio is same so the growth rate in dividend should be equal to the growth rate in net income i.e 6.25%

3 0
3 years ago
You plan to invest $600 in your savings account this year and then you intend to increase the amount that you invest by 3% each
koban [17]

Answer:

The correct answer is $20,211.84.

Explanation:

According to the scenario, the given data are as follows:

Payments (PMT) = $600

Interest rate = 7%

Growth rate = 3%

Time = 16 yeras

So, future value of growing annuity can be calculated by using following formula :

FV of growing annuity = Payment × ((1+ interest rate)^n - (1 + Growth rate)^n) / (Interest rate - Growth rate)

= 600 × ((1.07)^16 - 1.03^16) / (.07 - .03)

= 600 × ( 2.95216374857 - 1.6047064391 ) / (0.04)

= 600 × 33.6864

= $20,211.84

Hence, the correct answer is $20,211.84.

7 0
4 years ago
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