Answer:<u><em> The amount and character of Daniela's gain or loss from the distribution will be $0.</em></u>
Explanation:
Given : Daniela is a 25% partner in the JRD Partnership, liquidating distribution of $16,000 cash, inventory with a $16,000 fair value (inside basis $8,000), and accounts receivable with a fair value of $8,000.
<u><em>Here, Daniela will not recognize any gain or loss on the distribution. She will instead reduce the basis of the inventory she receives in complete liquidation of her interest.</em></u>
Answer:
interest portion of fifth payment = $66.89 ≈ $67
Explanation:
effective interest rate = 5% yearly
first payment = $200
second payment = $210
third payment = $220
fourth payment = $230
fifth payment = $240
sixth payment = $250
seventh payment = $260
eighth payment = $270
ninth payment = $280
tenth = $290
using a financial calculator, I determined the present value (principal) of the loan = $1,860.87
then I prepared an amortization schedule:
interest portion of fifth payment = $66.89 ≈ $67
Answer:
Reduction in interest rate in borrowing will help in solving unemployment because once a loan interest is reduced, people goes straight to get some loans to start private businesses without relying to be employed by other companies rather they become euntreprenuers and manufacturers on their own. They drive on their passion and also will create job opportunities for more unemployed ones.
Based on the fact that the borrower was charged $412.50 on his balance of $60,000, the interest rate is 8.25%.
<h3>What is the interest rate?</h3>
The interest amount is monthly so the yearly amount is:
= 412.50 x 12
= $4,950
The borrower's interest rate is:
= 4,950 / 60,000 x 100%
= 8.25%
In conclusion, the borrower's interest rate is 8.25%.
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The answer is disseminator. When a manager informs his or her
employees about the changes taking place within the external and internal
environment of the workplace, which may affect them and the organization as
well, he acts as a disseminator; a disseminator communicates to his or her
employees the organization’s vision and purpose. Being a disseminator is part
of Mintzberg’s Managerial Roles.
