Answer:
Answer for the question
Sandra and Kelsey are forming a partnership. Sandra will invest a piece of equipment with a book value of $6,400 and a fair market value of $16,100. Kelsey will invest a building with a book value of $46,500 and a fair market value of $64,300.
What amount will be recorded to Sandra's capital account?
Is given in the attachment.
Explanation:
Answer:
correct option is a.$0
Explanation:
given data
passive activity losses = $150,000
active business income = $120,000
portfolio income = $30,000
to find out
how much passive activity loss can White Corporation deduct
solution
as per given we know that here white corporation is a Personal Service Corporation
so that it is not deduct the passive loss against the portfolio income
so correct option is a.$0
Answer:
The correct option is<em> "A." which is "believed that the free market assured personal freedom."</em>
The Young Americans for Freedom was based on the<em> Sharon Statement.</em>
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Explanation:
<em>The Young Americans for Freedom (YAF) </em><em>is an ideologically conservative youth activism organization that was founded in 1960 as a coalition between traditional conservatives and libertarians on American college campuses.</em>
<em />
<em>The summary of the Core Principles of the Sharon Statement are:</em>
- <em> Individual freedom and the right of governing originate with God;</em>
- <em> Political freedom is impossible without economic freedom;</em>
- <em> Limited government and strict interpretation of the Constitution;</em>
- <em> The free market system is preferable over all others;</em>
- <em> Communism must be defeated, not contained.</em>
Answer:TRUE
Explanation: Competitive advantage is a term used in business or economics to refer to Opportunity gained by a business organization over others either through REDUCED PRICE,BETTER QUALITY OF PRODUCT OR SERVICE,THROUGH ECONOMIES OF SCALE, THROUGH INNOVATION etc an organization with a good Competitive advantage will generate more Revenue compared to others. Competitive advantage helps to make an organization better than others.