20 pages in one night times 3 nights = 60. 60 pages times 3 problems per page is 180 problems.
20*3=60
60*3=180
Answer:
Establishment of the national bank
- Eventually issued paper money, handled tax receipts and other government funds.
Explanation:
The adoption of Hamilton's debt plan impacted financial solvency the most because in this plan Hamilton proposed to pay off the foreign debt and to issue new bonds to cover the old ones. He also proposed that the federal government would assume all state debt, giving creditors an incentive to support the new government and he proposed a National Bank.
Answer:
c. 10%
Explanation:
Margin of safety is the sales value at which the business is safe from making loss. It measures the profit after the break-even point. The sales over the break-even point is considered as the margin of safety.
Margin of safety = Actual Sales - Break-even point = 12,500 units - 11,250 units = 1250 units
Percentage of margin of safety to sales = Margin of safety / Actual sales
Percentage of margin of safety to sales = 1,250 / 12,500
Percentage of margin of safety to sales = 0.10
Percentage of margin of safety to sales = 10%
Emma and Laine form the equal EL Partnership. Emma contributes cash of $100,000. Laine contributes property with an adjusted basis of $40,000 and a fair market value of $100,000
Explanation:
As given in the question
- <u>Emma and Laine form the equal EL Partnership.</u>
- <u>Emma contributes cash of $100,000 in EL Partnership</u>
- <u>Laine contributes property with an adjusted basis of $40,000</u>
1)How much gain, if any, must Emma recognize on the transfer
<u>Ans: Neither Emma nor Laine ,none of them recognize any gain.</u>
2) What is Emma's basis in her partnership interest
<u>Ans:</u><u>Emma basis in her patnership interest is $100,000 </u>
3) What is Laine's basis in her partnership interest
<u>Ans: Laine's basis in her partnership interest is $40000</u>
4) What basis does the partnership take in the property transferred by Laine
<u>Ans: $40,000</u>
