To discuss the business opportunity given by the government
Answer:
d. All of the above
Explanation:
Every workplace has its written and unwritten rules, regulations, and social conventions.
Staying up late which would make an employee sluggish at work, choosing to wear pajama pants in a formal office meeting, and inviting loud and rowdy friends to your workplace would definitely have a negative effect on one's job because those decisions and behavior are unprofessional.
Answer:
Required A
:
Mr P's Initial Cost = 20,000
Increased by Debt share= 12,000
Decreased by Loss= (28,000)
Net Balance on adjusted basis as on 2018 = 4,000
Required B
:
Amount realized on sale = 2,000 + 12,000
= 14,000
Adjusted Basis = (4,000)
Net Gain = 10,000
Required C
:
If PPY is a Corporation then its share of loss would be limited to how much she had invested at the time of purchasing that Interest and would not include Entity's share of Debts.
Hence her Loss Deduction would be Limited to $ 20,000 and her adjusted basis on January 1, 2019 would be 0 and her net gain would be $2,000 (i.e. sale of her Interest)
Therefore,
Deduction = $20,000
Gain recognized = $2,000
Answer:
Asset= $37,313
Explanation:
Fixed assets are the component of a firm's asset that is fixed during the production process. The other component of asset is the current assets, that are convertible to liquid assets that can be used in the production process.
Net working capital= current assets- current liabilities
Current liabilities= Current assets- Net working capital
Current liabilities= 6,650- 2,507= $4,143
Total liabilities= current liabilities+ long term liabilities
Total liabilities= 4,143+ 10,640
Total liabilities= $14,783
According to the accounting formula
Asset= liabilities+ owner's equity
Asset =14,783+ 22,530
Asset= $37,313
