Based on the basis of the distributions and Sutton's basis in the partnership, the amount of taxable distributions to Sutton is $0.
<h3 /><h3>How much of the distributions can be taxed?</h3>
The distributions can only be taxed if they exceed Sutton's basis in the partnership of $90,000.
As neither the cash distribution nor the building, have enough to surpass Sutton's basis, the taxable distributions will be $0.
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Answer:
$38,000
Explanation:
The accounting equation shows the relationship between the various elements of the balance sheet which are assets, liabilities and equity. The equation is as shown below;
Assets = Liabilities + Equity
At the beginning of 20x6
$25,000 = liabilities + $16,000
Liabilities = $25,000 - $16,000
= $9,000
If liabilities increases by $8,000
At the end of 20x6,
Liabilities = $9,000 + $8,000
= $17,000
Total Assets = $17,000 + $21,000
= $38,000
The family’s finance deployability checklist will prompt you to make sure the arrangements for the preparation of your family's tax return. It is under financial list on the family’s checklist. Family deployability checklist includes transport, health, and administrative.
Answer:
Explanation:
1. The formula to compute the profitability index is shown below:
Profitability index = Net present value ÷ investment required
For Proposal A, it would be
= $331,300 ÷ $790,000
= 0.42
For Proposal B, it would be
= $48,300 ÷ $120,000
= 0.40
For Proposal C, it would be
= $62,000 ÷ $120,000
= 0.52
For Proposal D, it would be
= $607,200 ÷ $1,820,000
= 0.33
2. The proposal rank preference is shown below:
Proposal Profitability index Rank
A 0.42 Second
B 0.40 Third
C 0.52 First
D 0.33 fourth
So, it would be C, A, B and D
Standardization and innovation play critical roles in the development of goods and services. Standardization allows for a stabilized starting point in which to move forward and develop other goods and services which is related to innovation. Standardization provides stability, a known factor which can be relied upon, whereas innovation is riskier and may not come to be successful endeavor. However, like all risk, that is the payoff for the investment in innovation, for if the innovative good or service can be successfully brought to market, the dividends for a payout can be well worth it.
