Answer: $12,900
Explanation:
From the question, we are told that Tom is talking to his friend Bob, who has an interest in Freedom, LLC, about buying his LLC interest. Bob's outside basis in Freedom, LLC, is $7,000 which includes his $1,900 one-fourth share of the LLC's debt. Bob's 704(b) capital account is $14,000. We are further told that Tom bought Bob's LLC interest for $11,000.
Tom's outside basis be in Freedom, LLC will be the amount that he paid for Bob's LLC interest plus the share of LLC’s debt. This will be:
= $11,000 + $1,900
= $12,900
41/5 is actually 8.2. So to find how much tax there is you multiply .082 times 63.78. The tax is $5.22. But to get all of it, you have to add it to the original. 5.23+63.78=69.00. So the tax is $5.23, but the cost with tax is $69.
Answer:
The answer is "Option b".
Explanation:
A lump-sum payment is always a big amount, payable in one transaction rather than in installments. They usually relate to pensions as well as other pension systems, such as 401 K accounts, for which seniors accept a smaller payment in front instead of a greater amount given throughout time.
The ordinary rent is also an equitable payment season made for a specified duration after time steps. Payment is usually made monthly, quarterly, semi-annéely, or yearly, even if in ordinary annuities as frequent just like every week.
In his perspective, Richard invests financial organization or anything in his investment consultant. Their consultant promised him a fresh AAA-rated bond offering. Richard opted to purchase from this offering a total of 100 bonds. Every six months the issuing corporation pays for a coupon of $1000. The original cost and future receipt of accrued interest might be called lump sum and ordinary annuities.
Answer:
The correct answer is letter "B": deontological.
Explanation:
Deontological Ethics is a concept used to name a type of discipline that focuses on the analysis of the duties and the values ruled by morals. It is believed British philosopher Jeremy Bentham (1748-1832) is responsible for coining the term after his "<em>Deontology or Moral Science</em>".
