1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Helga [31]
2 years ago
14

An existing partner wants to contribute property having a basis less than its FMV for an additional interest in a partnership. a

. Should he contribute the property to the partnership
Business
1 answer:
tino4ka555 [31]2 years ago
8 0

Answer:

He should not contribute the property to the partnership.

Explanation:

There is an ensuing loss if the partner contributes the property to the partnership instead of a gain.  Partnerships recognize the basis of contributed capital.  They usually compare the fair market value with the book value to determine if a loss has been incurred or a gain made. However, the tax consequences of the contributed property will be allocated to the partner making the property contribution.

You might be interested in
What is bank run ? in your own words.​
postnew [5]

Answer:

A bank run occurs when many clients withdraw their money from a bank, because they believe the bank may cease to function in the near future

Explanation:

A bank run occurs when many clients withdraw their money from a bank, because they believe the bank may cease to function in the near future

8 0
3 years ago
Reece is trying to increase the number of products he sells every week so he will get a promotion this year. What are accurate w
gizmo_the_mogwai [7]

Answer:

intermediate goal

career goal

Explanation:

A goal is a desired result am individual wants to achieve in the future. Goals are usually time bound, that is they are meant to be achieved in a given time frame.

In the given instance Reece is trying to increase the number of products he sells every week so he will get a promotion this year.

With regards to duration goals can be short term, intermediate, or long term.

His goal of increasing weekly sales is an intermediate one.

Career goals are those that are measured by level of achievement on one's job. Reece is looking at getting a promotion in this year.

5 0
2 years ago
Read 2 more answers
Employers across diverse industries have common expectations for their employees.<br> True<br> False
aniked [119]

False

Explanation:

cause they're different parts of careers therefore theyd have to have different expectations for each, cause theyre not the same

5 0
2 years ago
A recent national survey of U.S. adults revealed that 52% reported that they considered or made a career decision, such as looki
Maslowich

Answer:

The options for this answer are the following:

A. Lack of medical coverage

B. Sexual harassment at workplace

C. Stress in the workplace

D. Lack of upward mobility

The correct answer is C. Stress in the workplace .

Explanation:

Occupational stress is a type of stress associated with the scope of work that can be punctual or chronic, although most cases respond to the second type mentioned.

Positive stress (eustress) refers to when the stress response occurs in an adaptive way, the consequences of such response do not harm the integral health of the subject and its duration is coupled with the duration of the stress stimulus, eg, the response of stress that is triggered during your first day of work is adaptive (positive stress) because it implies that you have to be alert to attend to new stimuli (tasks, bosses, colleagues, company procedure, etc.).

When does this response cease to be adaptive and therefore can it become negative stress? Well, if this stress lasts more than a month, the response intensifies over time and begins to interfere with the worker's health (insomnia, tachycardia, anxiety, depression, among others) appear, it would be a case of negative work stress and measures should be taken.

8 0
3 years ago
You recently were hired as a front line debt collection agent for a debt collection service in Michigan. Your boss assigns you t
____ [38]

Answer:

need

Explanation:

3 0
2 years ago
Other questions:
  • Fox, Inc. reported net income of $300,000 for the current. Changes occurred in several balance sheet accounts as follows: Equipm
    9·2 answers
  • Eric is an inventory manager at a garment manufacturing firm. How should he plan the ordering of inventory? A. He should order l
    10·1 answer
  • Baine lived in Bristol Harbor, a resort area on the Atlantic coast. She entered into a written agreement to sell her daily catch
    14·1 answer
  • If a company purchases equipment costing $4,500 on credit, the effect on the accounting equation would be: Multiple Choice Asset
    9·1 answer
  • Accounting for manufacturing overhead. Creative Woodworking uses normal costing and allocates manufacturing overhead to jobs bas
    13·1 answer
  • Suppose that government procurement liberalization results in the U.K. government importing automobiles from Germany, the low-co
    6·1 answer
  • If the price of one of the products associated with indifference curves increases, all else the same, what is the result?
    5·2 answers
  • A municipality wants to build a water treatment facility, and requires some privately owned land to do so. What procedure enable
    7·1 answer
  • The word local describes:
    13·1 answer
  • A corporation must obtain shareholder approval before the company a. hires or fires a significant number of employees. b. expand
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!