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Ainat [17]
3 years ago
10

Jerilyn is a 30% partner in the APJ Partnership when she sells her entire interest to Melly for $92,000 cash. At the time of the

sale, Jerilyn’s basis in APJ is $75,000. APJ does not have any debt or hot assets. What is Jerilyn’s gain or loss on the sale of her interest?
Business
1 answer:
k0ka [10]3 years ago
4 0

Answer:

Jerilyn will have a gain of $17,000 from sale of her interest

Explanation:

Jerilyn will recognize a gain on the sale of her interest and the gain amount would be $17,000 which is computed from the difference among her basis in APJ of $75,000 and sells her interest for $92,000 ($92,000 - $75,000).

She recognizes the gain as she receives the only cash for selling her interest and the amount is more than her basis in her partnership interest and also APJ has no hot assets, therefore, the gain will be recognized as capital.

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In the social class model developed by Gilbert and Kahl, members of the __________ have earned most of their money during their
Alexxandr [17]

Answer: Lower -Upper Class

Explanation:

The lower‐upper class are those who acquired money from investments or business. They are also professionals who went to the highest level of school and by perseverance and hard work are living good lives.. They clude entrepreneurs, presidents of major corporations, sports entertainment celebrities, and top-level professionals also are doctors, accountants, engineers, lawyers.

They are part of the Upper class system who have money that they can spend although they are lower than the Upper-Upper Class who were born into extreme wealth. These people live in great neighborhoods, mingle with like minds and send their children to the finest schools.

5 0
3 years ago
A program in which students learn a specific skill for a particular job is called a?
goldenfox [79]
I believe the answer is a certification program. Hope it's right! :)
7 0
3 years ago
Net present value: Select one: is the best method of analyzing mutually exclusive projects. is less useful than the internal rat
Leto [7]

Answer:

Is the best method of analyzing mutually exclusive projects.

Explanation:

Net present value is equal to the present value of all the future cash flows of a project, less the initial outlay of project.

Net present value analysis simply concluded about a project to be worth doing when it finds the present value of future cash flows greater than the initial investment and vice versa.

We just have to see which is higher, the present value of future cash flows or the initial investment.

It is assumed that an investment with a positive NPV will be profitable, and an investment with a negative NPV will result in a net loss.

3 0
3 years ago
Which one of the following statements regarding the task of staffing the organization in a manner that facilitates strategy exec
riadik2000 [5.3K]

Answer: The overriding aim in building a management team should be to replace weak executives who lack strong skills in closely supervising the people who work under them

Explanation: The success of an organization is dependent on several factors including the presence of strategic and result oriented executive within its workforce. This is a vital and important aspect of building and organization capable of withstanding the competirmtuve nature of the market. Being strategic requires smartness, knowledge, experience, expertise and skills in other to make proactive suggestions required to execute groundbreaking projects.

Hence, based on the options provided above, the aim of strategic execution should not be focused on replacing executives who are perceived as being weak.

8 0
4 years ago
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dmitriy555 [2]

Answer:

It is E

Explanation:

Each different project has different risk profile i.e business risk and finance risk. At such , these risks must be adjusted for to produce project specific cost of capital.

If a company is investing in another line of business with a different risk profile to the existing business, this will have an impact on the WACC to be used to assess the viability of the new project.

Likewise, if the new project is being financed with a mixed of capital different from the current finance structure, such will equally impact on the WACC to be used.

6 0
3 years ago
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