Answer: The correct answer is "c.Crow will have a business deduction of $120,000 for the value of the services Mary will render.".
Explanation: With respect to the transfers: Crow will have a business deduction of $120,000 for the value of the services Mary will render.
This is calculated by the difference between the value of the property contributed by Earl $1 600 000 and the value of the property contributed by Mary $1 480 000.
1 600 000 - 1 480 000 = $ 120 000.
Answer:
12%
Explanation:
The discount rate will be PV/FV -1
i.e., i = (Fv/pv )-1
i= (280/250) - 1
i = 1.12-1
i=12%
Answer and Explanation:
The calculation of the adjusted price that could use for these two comps in a CMA is given below:
For Comp property A, the value of the garage should be
= $452,500 + $4,500
= $457,000
And, for comp property B, the value of the pool should be
= $446,000 + $5,000
= $451,000
In this way, it should be considered
Answer:
d) Mary, who was laid off last year and who was looking for a full-time job until last month
Explanation:
In the United States, a discouraged worker is defined as a person not in the labor force who wants and is available for a job and who has looked for work sometime in the past 12 months (or since the end of his or her last job if a job was held within the past 12 months), but who is not currently looking because of real or perceived poor employment prospects.
Under the FLSA, information concerning employees’ wages must
be maintained by employer such as having to pay during the payroll period, the
proper total additions to or deductions from wages should be followed and the
amount and nature of the exempt pay should be followed correctly.
