Answer: See explanation
Explanation:
a. What is Laurel’s initial tax basis in her LLC interest?
This will be the addition of the $250,000 basis for the equipment, accounts payable of $15,000 and also the $15,000 (15% × $100,000). This will be:
= $250,000 + $15,000 + $15,000
= $280,000
b. True.
Laurel’s holding period in the partnership interest begins the day the LLC interest is acquired. This is due to the fact that the asset contributed isn't a section 1232 asset. The reason for this is due to the fact that the asset was used for a year or less.
c. Sand Creek’s initial basis in the contributed property is $250,000.
d. Ten months.
Sand Creek’s holding period in the contributed property will be 10 months.
Answer:
one among the main importance is the foreign exchange of currency since it has a very higher exchange value compared to other tourism spots. exports to other countries from Nepal are very cheap and several good are produced on a large scale. ... cheap way of lifestyle attracts a lot of tourists all over the world.
Explanation:
the top should explain as much as I think.
Answer:
Deal, and the best option is to pay the same amount at the end of the academic year.
The reason for this is that if you have that amount in an interest bearing account, the money will earn interest, meaning that after paying the tuition at the end of the year, you will have the interest earned for yourself.
In other words, the present value of your money is the full value of your tuition, while the future value of your money is the value of the tuition plus the interest earned.
Besides, because the time value of money decreases as time passes, the amount you pay in tuition will represent less of your total income at then end of the academic year, than at the beginning.
Answer:
B.enables production to be ahead of demand.
Explanation:
<em>One of the benefits of a wholesale warehouse in the chain of distribution is that it </em><em>enables production to be ahead of demand</em><em>.</em>
A warehouse generally represents a large house where goods/products are kept prior to their distribution for sale.
The use of a warehouse offers several advantages to producers. These include:
- adequate protection and preservation of products
- regular flow of goods irrespective of their period of production
- continuity in the production process in order to stay ahead of market demand
- easy handling of products
- etc.
<em>Hence, the correct option is B.</em>
Explanation:
Part 1 : <u>True</u>, from the details provided about the movie studio total cost last year indicates after substractions of the differences in total
3rd movie cost - 2nd = 132-84 = 48 million
Therefore, the variable costs should greater than or equal to $47 million, but less than $255 million.
Part 2 : <u>False</u>, the marginal cost of producing the first movie was $45 million. And there were three movies made by the firm.
Therefore, the firm's variable costs of producing all three movies last year would be
45 x 3 = 135 million