Answer:
(D) $4,000
Explanation:
Initial amount distributed is $31,000
Earnings and Profit (E & P) $25,000
Therefore, Distribution in excess of earnings and Profit would be;
= Initial amount distributed - Earnings and Profit
=$31,000 - $25,000
=$6,000
Sally basis in her Dixie stock after the distribution would be ;
= Basis - Excess distribution
=$10,000 - $6,000
=$4,000
Answer:
The correct answer here is C) an employee .
Explanation:
Even though Patrick has written independent contract agreement with his broker, he will be considered an employee not independent contractor because Patrick is earning 75% of his total income from his broker on a hourly wage and that is paid to him on normal pay date , while the independent contractors are paid when the accounts payable receives the invoice, usually independent contractors are paid after the completion of task or at the end of a period.
I’m pretty sure it was island hopping
The answer is Ayn Rand.
Ayn Rand was an egoist who believed the right goals or actions are the ones that ensure survival and also contemplated that it would not be rational to act in ways that may make the individuals from your group need to hurt you.<span> She called her theory as </span><span>rational </span>egoism<span>. </span>
