Answer: Esther does not recognize any gain or loss on the distribution and her remaining basis in EE is $15,000
Explanation:
Base on the scenario been described in the question, repayment of liabilities is treated as a cash distribution. Esther's share of the debt reduction is Since this amount is lower than her outside basis ($40,000) she does not recognize a gain or loss.reduces her outside basis by the $25,000, which leaves her $15,000 of outside basis in EE afterthe debt repayment.
Answer:
$600
Explanation:
Calculation to determine how much will you save in taxes for the current year
Using this formula
Tax savings = Tax rate × Tax deduction
Let plug in the formula
Tax savings= 0.24 × $2500
Tax savings =$600
Therefore how much will you save in taxes for the current year is $600
The answer to that question is <span>traits
</span><span> gordon allport became famous because he's one of the first to pursue psychological study on personality.
According to Allport, Each individuals have different levels of traits that they develop from the interaction within society that will determine those individuals' overall behavior.</span><span />
Actual spending. It is important to compare the budget, which is expected spending, to actual spending to make adjustments and catch potential problems or figure out what to do extra money.
Managerial reputation is an <u>External </u> incentive that helps to mitigate the <u>Owner-manager </u> principal-agent problem.
Explanation:
<u>The theory of incentive propose that the behavior of an individual is motivated by the “pull” of external goals, such as rewards, money, or recognition. </u>
In many situations in which a particular goal, such as a promotion at work, can serve as an external incentive that helps activate particular behaviors in an employee
<u>Monetary incentives means to reward the workers for their performance and productivity through money. </u>
<u>Monetary incentives also include employee stock options, profit sharing plans, paid time off, bonuses and cash awards.</u>
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<u>So we can say that </u>
Managerial reputation is an <u>External </u> incentive that helps to mitigate the <u>Owner-manager </u> principal-agent problem.