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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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pentagon [3]

Answer: The correct answers are "a. invests in international trade or investment." and d. needs to manufacture products or provide services that target a global market.".

Explanation: A company that engages in international business is one that trades goods, services, technology or physical and / or human capital globally.

This means that instead of existing and developing in separate national markets, it unites and transforms them into a single global market through the elimination of barriers between borders.

4 0
3 years ago
Match the products below with the type of market in which they are sold
Lera25 [3.4K]

Answer:

Oil to Commodity market,  Treasuries to current exchange market, and Dollars to bond market

Explanation:

4 0
3 years ago
What makes increased government spending an effective tool for increasing demand?
Ivenika [448]

Answer:

The increased government spending generates people to have an increase in funds available which will allow them to increase their consumption and liek that the demand increases.

Explanation:

If there is an increase in government spending, this will cause people to have more funds available, for example, it can cause the unemployed people to find jobs which will allow them to have more money to spend. Because of that, the demand for products and services will increase which can produce growth in the short term.

6 0
3 years ago
Fierce is a product of the Ferris Company. Ferris's sales forecast for Fierce is 1,150 units, and they currently have 186 units
AURORKA [14]

Answer:

1,079 units

Explanation:

Fierce company forecast sales = 1150 units

Let this 1150 units be = 100%

Chester wanting to make a surplus of 10% means the total production will be = 110%

So, lets consider 1150 units as 100%

Then, 110% will be = (1150 units/100)*110 = 1265. So, Fierce fulfillment before Adjustment is 1,265 units

Fierce fulfillment after adjustment = 1,265 units - 186 units = 1,079 units

So, Fierce's Fulfillment after adjustment have to be 1,079 units in order to have a 10% reserve of units available for sale.

7 0
3 years ago
If actions of the chinese government caused a shortage of domestic currency, then the exchange rate would be
irinina [24]

this will reduce the supply of china's domestic currency which would <u>contract the supply curve of the domestic currency (of china)</u> thus would <u>create demand</u> and thus <u>increasing the exchange rate in comparison to foreign currencies</u> thus leading to <u>appreciation of china's domestic currency in relation to foreign currencies.</u>

4 0
3 years ago
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