Answer: 1, 2, and then 3
Explanation:
To adjust a partner's basis in the partnership, first increase the basis for a share of ordinary business income as this adds to their interest.
Then decrease for share of separately stated loss items as these are losses and will reduce the basis. Finally decrease the basis for any distributions because distributions reduce a partner's interest.
Answer:
savings accounts or checking accounts
the answer would be $2,000.00 because that is what your going to owe in a year you are getting one year interest free
Answer:
Controls for documenting and approving programs and changes to programs.
Explanation:
General controls are the controls established in order to function the entire information systems. i.e. All the applications and programmes.
General controls usually cover all the areas of information system, as follows:
i) Control on the operation of the company in order to ensure the efficient and effective operational activities in the information system.
ii) All the procedures required to acquire, develop, test, document and finally approve the systems, and programmes and further any changes thereto.
iii) Controls over access of any equipment or any data, for ensuring security.
iv) All other remaining basic controls for affecting the computer operations as a whole.
Answer:
a. Calculate the net present value.
b. Calculate the internal rate of return
c. Calculate the accrual accounting rate of return based on the net initial investment.
d. Calculate the accrual accounting rate of return based on the average investment.
Explanation:
machine cost $225,000
useful life = 10 years
salvage value = $3,000
cash flow per year = $48,500
additional working capital = $39,000
discount rate 10%
I used an excel spreadsheet because is not enough room here:
