Answer:
$850,000
Explanation:
Cramer's tax basis in its partnership interest can be estimated as follows:
Cramer's cash contribution to the general partnership = $500,000
Cramer's share of the recourse debt borrowed = $700,000 / 2 = $350,000
Cramer's tax basis in its partnership interest = Cramer's cash contribution + Cramer's share of the recourse debt = $500,000 + $350,000 = $850,000
Note:
The reecourse debt is shared equally as coventionally required when the profit and loss sharing is not stated in the question.
Answer: Option (d) is correct.
Explanation:
Here, Income elasticity of demand for burger is negative because burger is considered as inferior good for this person. There is a inverse relationship between the income of an individual and demand for a inferior good which means that as the income of a consumer increases, as a result demand for inferior good decreases whereas demand for normal good increases with increased income level. Income elasticity of demand for normal good is positive.
Answer:
AHIP, (America's Health Insurance Plans), is an industry-recognized certification test that is required by almost all Medicare carriers. It's required to sell Medicare Advantage (MA) or Prescription Drug Plans (PDPs) for each calendar year.
Bacon would cost more since it would cost more to raise a pig
