Answer:
0 gain ; 72,000 basis
Explanation:
Given that
Outside basis at the end of the year = $112,000
Received a proportionate operating distribution in cash for $40,000
So by considering the above information, the amount of gain or loss is zero as she does not recognized in the distribution and her basis in her partnership interest is the remaining amount i.e
= $112,000 - $40,000
= $72,000
Answer:
Children with an ITIN qualify for the child tax credit and the additional child tax credit.
Explanation:
All the options are correct except for the above. It is not the ITIN that is required, and it is the SSN, which is required. The child must have SSN to qualify for the child tax credit and the additional tax credit. We know them as the CTC and the ACTC. And hence, make sure that your child has the SSN or else, you will not be entertained by the government on this behalf.
The maximum nonrefundable dollars about the child tax credit is $2000 per child, but for only children who qualify. And the dependent who qualifies has the maximum no refundable amount of the credit which is around $250. Also, the refundable child tax credit is around $1400 for each child. And hence all the other points are correct.
Answer:
h = 28/πr² or 28/(π((14/π)^⅔))
r = (14/π)^⅓
Explanation:
Given
Let r = radius, h = height of the cylinder
Volume, V =28in³
V = πr²h ----- volume of a cylinder
πr²h = 28 --- make h the subject of formula
h = 28/πr²
Area of the the cylinder is;
A = 2πr² + 2πrh
Substitute 28/πr² for h to get area in terms of radius
A = 2πr² + 2πr(28/πr²)
A = 2πr² + 56/r
Differentiate A with respect to r
dA/dr = 4πr - 56/r²
Set dA/dr to 0 (.....using the least amount of metal)
4πr - 56/r² = 0
(4πr³ - 56)/r² = 0 --- Multiply through by r²
4πr³ - 56 = 0
4πr³ = 56 --- make r the subject of formula
r³ =56/4π
r³ = 14/π
r = (14/π)^⅓
h = 28/πr²
h = 28/(π((14/π)^⅔))
Answer:
The correct answer is option D.
Explanation:
Even though the democratic republic of Congo is rich in natural resources while Switzerland has almost no natural resources, but Switzerland is among one of the richest countries while Congo is among the poorest.
This indicates that abundant natural resources are not the only factor required for economic growth. Other factors such as human capital, physical capital, state of technology, etc. are also necessary for economic growth. Abundant natural resources cannot be efficiently utilized without these factors.
Even if a country is not rich in natural resources but possesses these factors, it can still have high economic growth.
Answer:
The correct answer is "C"
Explanation:
Research and development has positive externalizations. However, if a firm isn't empowered to put forth benefits from their attempts, the measure of innovative work in the economy would be lower. Consequently, the administration gives licenses for not many years to firms so they can take care of their R&D expenses and make a few benefits.
