Answer:
E
Explanation:
I think this because if the children had'nt rivaled over the brownies, they would've lasted longer.
Answer:
$819.98
Explanation:
After making downpayment, the remaining amount is $145,000 - 15000 = $130,000
Using financial calculator:
PV = 130,000
n = 30 years = 360 months
i/r = 6.5%/year = 0.54% / month
FV = 0
PMT = ? (Monthly payment = ?)
--> Monthly payment = $819.98
Answer:
E. Reports how equity changes over a period of time.
Explanation:
Statement of owner's equity as the name suggests is the statement which describes the changes in owner's equity, as it is obvious that the change cannot occur at a point of time, it will occur over a period of time.
And therefore, the statement is prepared over a period generally for a fiscal year, or a financial year.
There is no statement prepared to show any change in owner's equity at a point.
Statement reporting cash flows is called cash flow statement.
Therefore, correct option is:
Statement E
Answer:A) one year
Explanation: The unbiased expectations theory, also known as the expectation theory aims to estimate how much the short term interest rates will amount to in future. This is based on long term interest rates. Forward rates are used to predict the value of interests in the future based on the values calculated today. A maturity of 1 year has the lowest interest rate because it is not given enough time to grow. Interest rates tend to grow better over a longer period of time. Therefore in terms of expectation theory the longer the maturity the better the chances of interest rate growth.
Answer and Explanation:
Partnership can be defined as a form of business which is often carried out by two or more people with the sole aim of making profit.
a) Adam receives only money in the distribution and the distribution exceeds his basis.
Particular Amount
Distribution $16,000
Less: Basis $12,000
Recognized Gain $4,000
b) Adam has $0 remaining basis in his partnership interest due to the fact that all the money or cash he received in the partnership distribution is allocated in outside basis and not within basis.
c) Alyssa has not recognized any gain or loss from the current distribution due to the fact that the cash Alyssa received in distribution is fully adjusted in the outside basis.
d) After adjusting the money received against the outside basis the remaining outside basis of $4,000 will be adjusted by property, which is why Alyssa will assign $4,000 basis to the property.
e)
Particular Amount
Basis $12,000
Less: cash distribution $8,000
Less: Property $4,000
Remaining basis $0
Therefore Alyssa remaining basis in her partnership interest will be $0
