The answer is <span>the last digit is "estimated".
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The Scientific notation or configuration shows a number in exponential notation, by replacing some portion of the number with E+n, where E (which remains for Exponent) duplicates the first number by 10 to the nth power. For instance, a 2-decimal Scientific notation shows 12345678901 as 1.23E+10, which is 1.23 times 10 to the tenth power. Hope this helps!
Answer: A: $0.None of the members recognize gain because their debt relief was not in excess of their bases in their LLC interest prior to any debt relief.
B: $55,000
C: $285,000
D: $625,000 Albee, LLC takes a $135,000 carryover basis in the assets Kevan contributes and a $490,000 basis in the total cash the other two members contributed.
Explanation: check attached file
Answer:
$225,000
Explanation:
Federal corporate income tax (21% flat rate)
$1,000,000 x 21% = $210,000
Federal dividend tax (15%).
$100,000 x 15% = $15,000
Dividens are neither expenses nor deductible, so they do not reduce the amount of corporate taxable income. Therefore we must add up the two quantities.
$210,000 + $15,000 = $225,000
Answer:
The debt to equity mix = 74.65% - 25.35%
Explanation:
The computation of the debt to equity mix is shown below:
Debt is
= Mortgages + Bond
= $18 + $35
= $53 million
And, the Equity is
= Retained earnings + Cash in hand
= $5 + $13
= $18 million
Now
Percentage of debt financing
= $53 ÷ ($53 + $18)
= 74.65%
And, percentage of equity financing is
= $18 ÷ ($53 + $18)
= 25.35%
And, finally
The debt to equity mix = 74.65% - 25.35%
Answer:
income from continuing operations.
