Answer:
Cash flows from operating activities:
Net income $52,000
Adjustments to net income:
- Depreciation expense $30,000
- Accounts receivable increased by ($25,000)
- Inventories increased by ($5,000)
- Accounts payable decreased by ($18,000) <u>($18,000)</u>
Net cash flow provided by operating activities $34,000
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Answer:
$21000
Explanation:
To determine Gray’s tax basis for a 50% interest in the Fabco Partnership, The interest is increased by the partner’s distributive share of all partnership items of income and decreased by the partner’s distributive share of all loss and deduction items.
Gray’s beginning basis = $5,000
Gray’s 50% distributive share of ordinary income = 50% × $20000 = $10000
Gray’s 50% tax-exempt income= 50% × $8000 = $4,000 and
portfolio income = 50% × $4000 = $2,000
Therefore, the ending basis of Gray’s Fabco partnership interest = $5000 + $10000 + $4000 + $2000 = $21000
Answer:
it might be B but I'm not sure
Answer:
1. It is ethical for her to list her job duties in great detail as she ahs still done the job in question.
2. It is unethical to embellish her job responsibilities as she includes responsibilities in her job that she has not done and has therefore lied to the job she is applying for.
3. Problems she may face is being fired for lying, made to do work that is not in her capabilities and can potentially damage the work assigned and job in general, as well as trouble by her colleagues and boss
4. She can include attributes that make her a promising individual. For example she states she can "learn on the fly" and thus can write in her resume that she is a quick learner and can adapt easily to her surroundings.
