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sasho [114]
3 years ago
10

During formation of Beecky partnership, Sam contributed property with an adjusted basis of $130,000 in exchange for a 25% intere

st in Beecky. The fair market value of the contributed property was $170,000 and the property was encumbered by a mortgage with a balance of $120,000. What amount of gain should Sam recognize from contributing the property into Beecky partnership?
Business
1 answer:
Natasha2012 [34]3 years ago
4 0

Answer:

Sam would not recognize any gain on the contribution.

Explanation:

A partner does not recognize a gain on the contribution from the appreciated property to a partnership unless it is subject to a liability that exceeds the contributing partner basis in the property. Sam is contributing property with a basis of $130,000, subject to a liability of $120,000, for a 25 % in partnership. As a result Sam would have a basis in the contributed property, minus the $120,000 liability assumed by the partnership, plus Sam's portion of the liability, 25% x $120,000 or $30,000.

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The Impulse Shopper recently paid an annual dividend of $1.13 per share. The company just announced that it is suspending all di
vivado [14]

Answer:

Stock value today = $1.21

Explanation:

Current Dividend = D{_0} = $1.13

After 5 years that is D{_6} = $0.50

Since expected growth = 0

Therefore

P{_5} = D{_6} / Ke = 0.5/18% = $2.77

Its present value will be \frac{1}{(1 + 0.18){^5}} X 2.77 = $1.21

Stock value today = $1.21

5 0
3 years ago
Katherine Stein told her boss, "Dan, a number of our senior staff will be retiring within five years. We can't afford to have th
ANEK [815]

Answer: knowledge management

Explanation:

Based on the information given, knowledge management would be used to harness this intellect.

Knowledge management simply has to do with the creation, and management of information and knowledge for an organization so that the organization's objectives can be achieved.

6 0
4 years ago
In the decision-making process, you must take into account several cultural variables. Describe one of the variables associated
Verdich [7]

Answer:

Answer is explained below in the explanation section.

Explanation:

There is always a need to have an important control upon the decisions that we have in the business setup. Informed decision making is very necessary for business. People use different decision setups designed to help in the manufacturing process and most often come up with very fruitful decisions.

One of the cultural factors associated with risk tolerance may be the threshold for when we can make decisions that are not detrimental to the cultural view of groups. We need to carefully consider our employees and make sure that our decisions are not too objective. Cultural-emotional bias can lead to decisions that can damage brand ownership throughout the business. This is very dangerous and detrimental for any company, so it is necessary to limit decisions and their consequences in terms of cultural sense to avoid any losses.

The internal locust of control is the kind of person who is the best fit for all the jobs. So it is obvious that this person has some control over others. But there are some do's and don'ts for such kind of person as well. Such as, he has to communicate with almost everyone in the workplace. So, he must ensure neutrality in all aspects of other people with whom he is working. Such aspects are religion, race, caste. society etc. and his humor must not harm the emotions of anyone in the workplace.

In order to run business smoothly with maximum profits and best workforce and the best workplace. Effective decision making is the key to go. Hence, these variables are very important to achieve the effective business decision making in the long term.

5 0
3 years ago
What is the future value of $3,100 in 17 years assuming an interest rate of 8.4 percent compounded semiannually
Alex Ar [27]

Answer:

$12,556.37

Explanation:

Calculation to determine What is the future value

Using this formula

Future value = PV(1 + r)^n

Let plug in the formula

Future value = $3,100[1 + (.084/2)]^17(2)

Future value = $12,556.37

Therefore the future value is $12,556.37

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3 years ago
The most critical element of trust is?
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Answer:

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