Answer:
they use financial statements and other information prepared by accountants to make financial decision and are focused on the cash flows, the inflows and outflows of cash.
Explanation:
Answer:
Simply ask a lot of innapropiate questions and the moderators will kick u out! Have fun!
Explanation:
Answer:
Gary's Basis in the partnership interest is $155,000
Explanation:
Particulars Amount ($)
Adjusted Basis Of Land 250000
Mortage*Share In Percentage ($200000*50%) (100000)
Additional Borrowing*Share In Percentage ($50000*50%) (25000)
#Difference*Share In Percentage ($100000-$40000)*50% 30000
Basis 155000
Difference:
Net Income 100000
Distribution Of Each Partner*2 ($20000*2) (40000)
Supply and demand changes the price of eggs