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Verdich [7]
3 years ago
13

Marina and Nolan formed the MN Partnership. Marina contributed $20,000 of cash in exchange for her 50% interest in the partnersh

ip capital and profits. During the first year of partnership operations, the following events occurred: the partnership had a net taxable income of $10,000; Marina received a distribution of $8,000 cash from the partnership; and Marina had a 50% share in the partnership's $16,000 of recourse liabilities on the last day of the partnership year. Marina's adjusted basis for her partnership interest at year-end is:_________
Business
1 answer:
Natasha_Volkova [10]3 years ago
8 0

Answer:

A) $25,000.

Explanation:

Marina's adjusted basis for her partnership interest at the end of the year = $20,000 (Marina's cash contribution) + $5,000 (Marina's share in the partnership's net taxable income) - $8,000 (distributions received by Marina) + $8,000 (Marina's share in the partnership's recourse liabilities) = $25,000

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____ is a pattern of basic assumptions that is developed by a group as it learns to cope with problems of external adaptation an
Eduardwww [97]

Answer:

d) Organizational culture

Explanation:

Organization culture is the assumptions, beliefs, values, and ways of interactions that make an organization unique. It the organization's established ways of doing things.

Organization culture will include experiences, expectations, and philosophies that guide its members. Members of an organization express culture by the way they interact internally and with the outside world. Culture incorporates customs, attitudes, written and unwritten rules of an organization.

7 0
3 years ago
The sales team at Rue and West Bros., a logistic company, has successfully met its target for profits specified last year. Upon
Vinil7 [7]

Answer:

The sales team will move to the <u>Transforming</u> stage of group development

Explanation:

Bruce Tuckman developed 5 stages of group development.

1) Forming Stage - In this stage the team required high degree of guidance from the manager also the role are unclear in this stage and processes are also not well established.

2) Storming Stage - In this stage the group starts understanding how team decisions are made and purposes in this stage are very clear but the team relationship need to be bonded yet.

3) Norming Stage - In this stage teams relationships starts to bond and understood by the group all members are committed to the team goals and starts trying to achieve it as a team.

4) Performing Stage - In this stage Teams are committed to perform well and the focuses are bends towards the strategies that are made by team to achieve goal and bound with little oversight.

5) Adjourning/ Transforming Stage- In this basically after achieving the  goals/target team starts breaking up is known as Adjourning stage and the stage at which after achieving the goal the teams move forward to achieve goal and set new targets is known as <u>Transforming stage.</u>

4 0
3 years ago
Which of the following statements about careers is true?
Temka [501]

Answer:

I would say A is the best choice

Hope This Helps!  Have A Nice Day!!

4 0
3 years ago
Your business partner describes this as a high positive correlation. Is your partner correct? Why or why not? (2 points)
Nina [5.8K]

Answer:

The trend line lies on the points (0,100) and (15,900)

Explanation:

5 0
2 years ago
Read 2 more answers
Firm A has a 21 percent marginal tax rate, and Firm Z has a 28 percent marginal tax rate. Firm A owns a controlling interest in
Aliun [14]

Answer:

a. $7,505

b.$6,840

Explanation:

a. Computation for the after-tax cost of the expense assuming that Firm A incurs the expense

Using this formula

After-tax cost = Deductible Expense - (Firm A Marginal tax rate* Deductible Expense)

Let plug in the formula

After-tax cost = ($9,500 - ($21%*9500)

After-tax cost = ($9,500 - $1,995)

After-tax cost=$7,505

Therefore the after-tax cost of the expense assuming that Firm A incurs the expense is $7,505

B. Computation for the after-tax cost of the expense assuming that Firm Z incurs the expense

Using this formula

After-tax cost = Deductible Expense - (Firm Z Marginal tax rate*Deductible Expense)

Let plug in the formula

After-tax cost =$9,500 -(28%*$9500)

After-tax cost =($9,500 - $2,660 )

After-tax cost=$6,840

Therefore the after-tax cost of the expense assuming that Firm Z incurs the expense is $6,840

3 0
3 years ago
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