1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
liq [111]
3 years ago
10

A customer subscribes to a $10,000 limited partnership interest. The commission is $1,000. The up-front costs are $500 for legal

expenditures, and $500 for organization costs. What is the customer's beginning tax basis
Business
1 answer:
vazorg [7]3 years ago
3 0

Answer: customer's beginning tax basis =  $10,000

Explanation:

Customer's beginning tax basis are the initial cost of the partnership for commission legal and organizational fees and these are not deductible from the cost basis.

Given: A customer subscribes to a $10,000 limited partnership interest.

That means initial cost = $10,000

So, the customer's beginning tax basis =  $10,000

You might be interested in
D
trasher [3.6K]

The type of organizational learning that involves a formal approach to familiarize a new staff member with the organization's values and policies is <u>B. employee orientation</u>.

<h3>What is organizational learning?</h3>

Organizational learning involves the process of gaining experience and creating knowledge for organizational improvement.

Organizational learning enables employees to:

  • Share insights
  • Brainstorm together
  • Solve problems
  • Improve performance.

Thus, familiarizing new staff members with the organization's values and policies involves <u>employee orientation</u>, not employee mentorship, training, or development.

Learn more about employee orientation as part of organizational learning at brainly.com/question/11815347

#SPJ1

7 0
2 years ago
________ costs refer to the sum of the fixed and variable costs for any given level of production. Target Break-even Total Value
BigorU [14]

Based on microeconomic theory, <u>Total</u> costs refer to the sum of the fixed and variable costs for any given level of production.

<h3>What makes Total Cost?</h3>

Generally, the total cost is the sum of all the price of the material utilized, the wages or salary paid in the production, and the direct expenditure.

<h3>Components of Total Cost </h3>

The components of Total Cost include the following:

  • Prime cost
  • Factory cost
  • Office cost
  • Cost of sales, etc.

Hence, in this case, it is concluded that the correct answer is "<u>Total Cost."</u>

Learn more about Total Cost here: brainly.com/question/25109150

5 0
2 years ago
A fully inclusive document detailing an​ organization's mission,​ organization, objectives, and operations is called​ a(n) _____
inn [45]

The one responsible of providing a fully inclusive document that details the mission of the organization, its objectives and their operations is called business. Business are likely to be run by a group of people in which they have a common interest or purpose in order to achieve their goal.

4 0
4 years ago
Pharoah Company, a computer services company, entered into these transactions during May 2017, its first month of operations. St
Daniel [21]

sorryyyyyyyyyyyyyyyyyyyy

4 0
3 years ago
A company has two departments, Y and Z that incur wage expenses. An analysis of the total wage expense of $40,000 indicates that
dusya [7]

Answer:

Dept. Y  =  $18,200

Dept. Z =   $21,800

Explanation:

Wages expense for this question consist of direct wages and indirect wages. The direct wages are allocated to their respective departments while the indirect wages are apportioned between the two departments.

Therefore, first do the allocation then the remainder $24,000 is apportioned equally between the two departments, Dept. Y and Dept. Z.

                                                         Dept. Y         Dept. Z

<u>Departmental wage expenses :</u>

Direct wages                                   $6,200          $9,800

Indirect wages                               $12,000         $12,000

Total                                               $18,200         $21,800

4 0
3 years ago
Other questions:
  • What is the difference between a marketing strategy and a marketing plan?
    5·2 answers
  • Abercrombie &amp; Fitch is developing a program to get to know its customers. Which of the following is not a reason why A&amp;F
    15·1 answer
  • Wat is an example of the legal/regulatory environment surrounding advertising and promotional activities of businesses?
    14·1 answer
  • An advertisement reads, "jena chairs are marked down by 20 percent to $110. the first six people to purchase a jena chair on may
    11·1 answer
  • What is the first item you are considering borrowing money or taking out credit for?
    14·2 answers
  • Assigning manufacturing overhead to a specific job is complicated by all of the below except:a. Manufacturing overhead is an ind
    7·1 answer
  • Which one of the following statements is correct? Multiple Choice Stocks can only be assigned one dividend growth rate. Preferre
    13·1 answer
  • Accounting Prepare general journal entries to record the following transactions for the Harris
    9·1 answer
  • Vanishing Games Corporation (VGC) operates a massively multiplayer online game, charging players a monthly subscription of $10.
    11·1 answer
  • GiftBasket has successfully created a higher perceived value in the e-commerce industry, though it offers the same products at s
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!