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ra1l [238]
3 years ago
5

Fact Pattern: Mr. Bonet, a one-third partner, had a $12,000 basis in his partnership interest. Mr. Bonet withdrew from the ABC P

artnership on January 1 of the current year when the partnership had the following balance sheet: Assets Basis FMV Cash $12,000 $12,000 Accounts receivable 0 30,000 Land 24,000 27,000 $36,000 $69,000 Equities Accounts payable $ 9,000 $ 9,000 Abbot, capital 9,000 20,000 Bonet, capital 9,000 20,000 Costell, capital 9,000 20,000 $36,000 $69,000 If Mr. Bonet received $20,000 cash in a liquidating distribution, what will he report as his gain or loss
Business
1 answer:
Andrei [34K]3 years ago
7 0

Answer:

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Explanation:

ufkdkdjdjdjfxmfxnjfrjsnzfzxjc it fausdj

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The coordinating conjunctions that can be used to combine two complete sentences with a comma are âfor, and, nor, but, or, yet,
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This is true. You can use the acronym FANBOYS to remember <span />
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3 years ago
Which of the following is a correct application of Marginal Analysis? a. You buying 4 pairs of shoes for $240 because you are wi
RoseWind [281]

Answer:

Option d is the right one.

Explanation:

  • Marginal research or analysis to optimize future gains as a decision-making method. In comparison to the expenses incurred by this same behavior, it calculates added benefits. The illustration described demonstrates that the marginal gain is smaller than that of the marginal cost.
  • This involves purchasing goods until the marginal gain is equal to the marginal cost.

The other options aren't sufficient for the scenario provided. But that will be the best alternative for option d.

6 0
3 years ago
Please help I'll give brainliest
zimovet [89]
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3 0
3 years ago
A publisher for a promising new novel figures fixed costs​ (overhead, advances,​ promotion, copy​ editing, typesetting, and so​
alisha [4.7K]

Answer:

5,409 books

Explanation:

to calculate break even point in units we can use the following formula:

break even point in units = total fixed costs / contribution margin per unit

  • total fixed costs = $53,000
  • contribution margin per unit = sales price - variable costs = $12 - $2.20 = $9.80

break even point in units = $53,000 / $9,80 = 5,408.16 ≈ 5,409 books

in $, that would equal = 5,409 books x $12 per book = $64,908

5 0
3 years ago
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When selecting words to include in a résumé, they should be complex in nature. Please select the best answer from the choices pr
kramer

The statement that when selecting words to include in a résumé, they should be complex in nature is false. In contrast, when writing a resume you should use concise, simple, strict and clear sentences. The resume presents a person's  backgrounds and skills and the wording should be very carefully selected.

7 0
3 years ago
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