One way of quantifying the personal value of a good or
service is by having to find the monetary value of a particular something by
which the person is likely to be willing to trade in—in exchange for a
particular good or a service.
Prices fell as consumer demand decreased, and the economy slowed down. Which best explains why people failed to make their promised payments on items during the 1920s? They bought too much.
Answer:
(a) 5000 (b)25000 (c)40000
Explanation:
Solution
(a)The tax on ordinary income share = 20000*25% = 5000
(b) The total distribution of cash from partnership = 30000
So,
Less: Tax on above = 5000
, and after tax cash flow = 25000
(c) Now,
The basis at beginning of year = 50000
Thus,
Add: Ordinary Income = 20000 and the adjusted basis = 70000
so,
Less: cash distribution = 30000
The End of the year basis = (70000-30000)
= 40000
Air quality is deteriorating in developing nations as a result of rapid industrialization. Hope this helped, have a great day! :D