Answer:
daniel should have focused on the message and not on the way it was delivered.
Explanation:
If Daniel had focused more on getting the message that was being passed by Kirk Douglas, he would have enjoyed the show more.
But in this case he was more focused on how Kirk Douglas was not accurately forming his words. The more he listened the more frustrated he became.
Answer:
I have formulated the answer in the table and the table is attached in the attachment please refer to the attachment 1.
Explanation:
<em>Please refer to the attachment 1. And here is the explanation</em>
Inherited property is the property which is transferred to ones beloved after she/he passes away or makes a will, so statement A, E and F are inherited properties.
Purchased property are the ones that one acquires after paying certain price of the good, so B is purchased property.
Abandoned property is the goods or intangible thing left somewhere and the owner is not known, so statement C and D are abandoned properties.
<em></em>
Answer:
D) $8,000 inventory, $0 land
Explanation:
Tyson's basis in the distributed inventory and land will be $8,000 inventory, $0 land
Because he initially first allocates his outside basis to the assets distributed which is in an amount that is equal to KT's basis which is ($20,000 cash and $8,000 land).
Therefore this results in a required decrease of $0 due to the basis he reduces in the land by the required decrease, which thereby results in a basis of $0 to the land.
Answer:
$1,750
Explanation:
Stockholder's equity would be calculated as;
= Current assets balance + Fixed asset balance - Current liability balance
Current assets balance = Cash $25,050 + Accounts receivable $12,400
Fixed assets = Equipment $40,000 - Accumulated depreciation $22,750 = $17,250
Current liability = Accounts payable $15,750 + Salaries payable $12,150 = $27,900
Therefore,
Stockholder equity account balance
= $12,400 + $17,250 - $27,900
= $1,750
