Answer:
$0
Explanation:
$15,000 (Hillary's partnership basis at the beginning of the year) + $10,000 (ordinary business income) + $8,000 (tax exempt income) - $15,000 (reduction in share of partnership's debt) - $25,000 (cash distribution) = -$7,000. Since the basis cannot be negative, it is $0.
Also, since Hillary's adjusted basis resulted in a negative value, she must report a capital gain of $7,000. That way her basis = -$7,000 + $7,000 = $0
Answer:
Dennis Kozlowski was found guilty of grand larceny, falsifying business records, securities fraud, and conspiracy. He later admitted to have been driven by excessive greed as he overcompensated himself when he served as CEO of Tyco.
Explanation:
Dennis Kozlowski during his crime trial was found to have received "$81 million in unauthorized bonuses, the purchase of art for $14.725 million, and the payment by Tyco of a $20 million investment banking fee to Frank Walsh, a former Tyco director," according to wikipedia.com.
Answer:
2.5 * 10^12 Nm-2
Explanation:
Stretching force = 20 * 10^3 N
diameter = 10 * 10^-3 m
extension = 0.2 * 10^-3 m
length of bar = 2m
Young Modulus = stress/strain
stress = Force/Area
Strain = extension/length
Young Modulus = Force/Area/extension/length
But area = πr^2 = 3.142 * (5 *10^-3)^2 = 7.9 * 10^-5 m^2
Stress = 20 * 10^3/7.9 * 10^-5 = 2.5 * 10^8 Nm-2
Strain = 0.2 * 10^-3/2 = 1 * 10^-4
Young Modulus = 2.5 * 10^8/1 * 10^-4
Young Modulus = 2.5 * 10^12 Nm-2
Answer:
A) 30
Explanation:
to determine in how many years the economy will double with an 8% growth rate, we can use the rule of 72. The rule of 72 basically works by dividing 72 by the compounding growth rate to determine the number of years it will take an investment to double.
The rule of 72 works well when growth rate is between 6-10%, at 8% it is quite exact. For lower growth rates you should use the rule of 70 which is basically the same but instead of using 72, you use 70. For growth rates over 10% you should use 69.3.
the number of years for the economy to double = 72/8 = 9 years, so 9 plus 20 = 29 years. Since the question asks at what age the economy should have more than doubled, it would be a little over 29, and in this case it is 30.
You can always check which number is more exact calculating 1.08⁹ = 1.999
