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
shepuryov [24]
3 years ago
7

Lola owns a one-half interest in the Lenax LLC. Her basis in this ownership interest is $22,000 on December 31, 2016, after acco

unting for the calendar year LLC’s 2016 operations. On that date, the LLC distributes $25,000 cash to Lola in a proportionate nonliquidating distribution.She recognizes a $___________ from this distribution.
Business
1 answer:
Marina CMI [18]3 years ago
7 0

Answer:

The answer is Lola should acknowledge a $3,000 from this distribution.

Explanation:

From the question given, we say that, Lola should acknowledge a $3,000 from this distribution.

Recall that

The Cash Distributed  cash = $ 25,000

The Basis in this ownership of interest is  = $22,000

The Gain = $3,000

Lola basis after the distribution is zero.

Therefore Lola should accept this distribution of a $ 3000

You might be interested in
Mrs. Jones owns stock from which she received $3,000 in cash dividends. Mr. Jones owns stock from which he received $400 in cash
Nookie1986 [14]

Answer:

$3,400

Explanation:

Calculation for How much of the cash dividends received are Mr. and Mrs. Jones liable for

Cash dividends received=Cash Dividend+ Cash Dividend

Cash dividends received=$3,000+$400

Cash dividends received=$3,400

Therefore the amount of the cash dividends received are Mr. and Mrs. Jones liable for when filing their joint return is $3,400 reason been that Cash dividends received by a person or an individual are totally taxable which is why the total amount of $3,400 was liable for taxes.

5 0
3 years ago
Once hired, a candidate will enter a 12- to 18-month period during which supervisors and mentors observe their performance to se
muminat

Probationary period

Explanation:

A probation is a period to see if a new hire (or new promoted worker) is suitable for their job or not. The person also can see if they like the new career or not. Depending on the company, the probation normally takes between 3 and 6 months.

The probationary period of the worker may be increased under some conditions. Extensions may be caused by a shift of duty or oversight leave took during the probationary period, etc.

Employment at will implies that an individual can be remitted without notice for any cause, unless the reason has been unlawful. Probationary periods for workers may be disadvantageous.

4 0
3 years ago
The two fundamental sources of marketing research problems are a. ineffective advertising and change. b. poor sales and ineffect
Alex787 [66]

Answer:

Option c (planned change and unplanned change) is the correct choice.

Explanation:

  • Marketing research seems to be the sequential as well as analytical assessment, compilation, review, and distribution of knowledge about marketing performance and customer concerns with the specific goal of helping executives in decision-making related to recognizing and solving advertising major challenges.
  • The challenge regarding marketing research seems to be the assessment of Retailers' advantages and disadvantages. Vis-a-vis certain main competitors as regards factors affecting the profitability including its shop.

3 other alternatives aren't relevant to the subject. So that the option here is just the appropriate one.

8 0
3 years ago
If a firm hires an additional worker and discovers that its total output has fallen, then it must be true that:________
Neko [114]

If a firm hires an additional worker and discovers that its total output has fallen, then it must be true that marginal physical product is negative.

What is the change in total output that results from hiring one additional worker?

The difference in production brought on by using an additional unit of labor is known as the marginal product of labor.

Does hiring additional workers increase the total revenue at a decreasing rate?

Total output increases with additional employees, although at a slower rate. a stage of production where an increase in the labor force leads to a decline in labor's marginal product. With each new unit of labor added to the mix, a company with this will produce progressively less production.

Learn more about marginal product of labour: brainly.com/question/16690539

#SPJ4

7 0
2 years ago
Please answer the following questions:
Oduvanchick [21]

The price elasticity of the loan taken by the entrepreneur comes out to be 10.

<h3>What is the price elasticity of demand?</h3>

The price elasticity of demand is an indicator used to determine the sensitivity of demanded quantity with respect to its corresponding price.

Given values:

Change in quantity demanded: 50%

Change in price: 5%

Computation of price elasticity of demand:

\rm\ Price \rm\ elasticity \rm\ of \rm\ business \rm\ loan=\frac{\rm\ Change \rm\ in \rm\ quantity \rm\ demanded}{\rm\ Change \rm\ in \rm\ price} \\\rm\ Price \rm\ elasticity \rm\ of \rm\ business \rm\ loan=\frac{50\%}{5\%} \\\rm\ Price \rm\ elasticity \rm\ of \rm\ business \rm\ loan=10

Therefore, when the change in quantity demanded is 50% with the change in the price is 5%, then the price elasticity of a business loan is equal to 10.

Learn more about the price elasticity in the related link:

brainly.com/question/10610673

#SPJ1

4 0
1 year ago
Other questions:
  • When each person specializes in producing the good in which he or she has a comparative advantage, total production in the econo
    13·1 answer
  • Scientific and technological advancements in a specific industry as well as in society at large are included in which general en
    8·1 answer
  • Wolfgang operates an upholstering business. He contracted to reupholster a sofa for Hans, and to do the work at Hans' home. Afte
    11·1 answer
  • Which one of the following statements is​ FALSE? A. In a processminuscosting ​system, each unit uses approximately the same amou
    11·1 answer
  • Indicate whether the following accounts generally will have (a) debit entries only, (b) credit entries only, or (c) both debit a
    12·1 answer
  • Find the federal withholding tax using the wage bracket method for each of the following employee.
    12·1 answer
  • If the market for a product is broadly​ defined, then A. the expenditure on the good is likely to make up a large share of​ one'
    10·2 answers
  • Prepare general journal entries to record these transactions using the following titles: Cash (101); Accounts Receivable (106);
    15·1 answer
  • Lester's Markets has total revenues of $3,811, costs of $2,902, depreciation of $315, interest expense of $168, and taxes of $89
    11·1 answer
  • Hudson Corporation will pay a dividend of $2.78 per share next year. The company pledges to increase its dividend by 4.5 percent
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!