The African American women is afraid that she will be racially profiled by the workers/customers in the upscale shop.
Answer:
Option (c) 8
Explanation:
Data provided in the question:
Marginal rate of technical substitution of hours of labor for hours of capital, RTS = 0.8
Number of units of labor chosen = 5
Number of units of capital chosen = 8
Marginal product of capital = 10 televisions per hour
Now,
RTS = [ Marginal product of labor ] ÷ [ Marginal product of capital ]
0.8 = Marginal product of labor ÷ 10
or
Marginal product of labor = 8
Hence,
Option (c) 8
According to the profit and loss the partnership is liquidated, and the final distribution of partnership cash is made to the partners.
When a partnership is liquidated, how is the final distribution of partnership cash made to the partners? Which of the subsequent statements is actually concerning the accounting for a partnership going via liquidation? within a liquidation, all gains and losses are divided equally among some of the partners.
The partnership comes to a decision to liquidate, the property of the partnership is sold, liabilities are paid off, and any remaining coins are sent to the companions according to their capital account balances.
Liquidating distributions (coins or noncash) are a form of a return of capital. Any liquidating distribution you receive isn't always taxable to you until you recover the basis of your inventory. After the idea of your stock is reduced to zero, you ought to document the liquidating distribution as a capital advantage.
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Answer:
Mike's recognized gain from the transfer of the house to him is:
$175,000
Explanation:
a) Data and Calculations:
Marital property = $1,500,000
Cost of property = $575,000
Residual value = $925,000
Alimony to Karen = $750,000 ($150,000 * 5)
Balance (Mike's) = $175,000
$175,000 represents the excess of the fair market value of the marital property after deducting the cost of property and the alimony paid to Karen. A gain of $175,000 is recognized by Mike after the property sale.