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3 years ago

Someone give snap please so we can get to know each other

Business

1 answer:

Anna007 [38]3 years ago

6 0

Answer:

hahah i deleted snap a while ago

Explanation:

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(Money matters)

Alexandra [31]

Answer:

No entiendo inglish ajaja

4 0

3 years ago

Gray is a 50% partner in Fabco Partnership. Gray's tax basis in Fabco on January 1, year 4, was $5,000. Fabco made no distributi

arsen [322]

Answer:

$21000

Explanation:

To determine Gray’s tax basis for a 50% interest in the Fabco Partnership, The interest is increased by the partner’s distributive share of all partnership items of income and decreased by the partner’s distributive share of all loss and deduction items.

Gray’s beginning basis = $5,000

Gray’s 50% distributive share of ordinary income = 50% × $20000 = $10000

Gray’s 50% tax-exempt income= 50% × $8000 = $4,000 and

portfolio income = 50% × $4000 = $2,000

Therefore, the ending basis of Gray’s Fabco partnership interest = $5000 + $10000 + $4000 + $2000 = $21000

6 0

3 years ago

Veneer Company has two service departments and two producing departments. The number of employees in each department is: Personn

Vadim26 [7]

Answer:

$13,532 .00

Explanation:

The cost allocation is usually based on a measurable factor such as area occupied, number of students etc. The more the measurable factor related to a unit/department, the more the cost assigned to the departments on the basis of the size of the measurable value.

Total number of employees

= 640

the amount of cost allocated to Department B under the direct method would be

= 199/640 * $43,520

= $13,532

3 0

3 years ago

Which bank does not charge at all for using the ATM?

const2013 [10]

Bank A is the answer

6 0

3 years ago

The management of Penfold Corporation is considering the purchase of a machine that would cost $270,000, would last for 5 years,

Lorico [155]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Initial investment= $270,000

Cash flow= $60,000

Number of years= 5

Discount rate= 12%

<u>To calculate the net present value (NPV), we need to use the following formula:</u>

NPV= -Io + ∑[Cf/(1+i)^n]

∑[Cf/(1+i)^n]:

Cf1= 60,000/1.12= 53,571.43

Cf2= 60,000/1.12^2= 47,831.63

.....

Cf5= 60,000/1.12^5= 34,045.61

∑[Cf/(1+i)^n]= 216,286.57

NPV= -270,000 + 216,286.57

NPV= -53,713.43

5 0

3 years ago