Answer:
This is the answer of your question.
Answer and Explanation:
Clude had purchased the raw land three years ago for $150000 and treated it like a inventory. she constributed the property to south peak investments LLC in exchange for 10% profit interest. but south peak will hold it for investment purpose.
a) after 4 years from Cludes contribution south peak sells the land for $3000000 the gain would be $3000000 - 1500000 = 1500000. the character is of long term capital gains since ths LLC held ot as investment asset
b) if south peak sells the asset after 5 years six months then also the gain would be sa,e and character would be same since LLC has held the asset fore investments purpose and at the same time its holding period is above one year.
It is a false statement that Labor relates only to the production of manufactured goods and that services are not included.
<h3>What is a Labor?</h3>
This is a factor of production that involves individuals & machines that helps to they produce a good or service for a firm.
The reward for a Labor as a factor of production is known as Wages and Salaries.
Therefore, the statement is false because Labor helps in production of both the goods and services.
Read more about Labor
<em>brainly.com/question/17518033</em>
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Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
<span>A FLAT TABLE is a static sortable table which displays its data in rows in a custom report.
A flat table is a kind of custom reporting tool, used in Google analytics which are built by using Dimensions and Metrics.
The only issue from using a Flat table is that the data can be viewed only in 2 dimensions.
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