Zinc, lp was formed on august 1, 20x9. when the partnership was formed, al contributed $10,000 in cash and inventory with a fmv and tax basis of $40,000. in addition, bill contributed equipment with a fmv of $30,000 and adjusted basis of $25,000 along with accounts receivable with a fmv and tax basis of $20,000. also, chad contributed land with a fmv of $50,000 and tax basis of $35,000. finally, dave contributed a machine, secured by $35,000 of debt, with a fmv of $15,000 and a tax basis of $10,000. what is the total inside basis of all the assets contributed to zinc, lp?
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Business, 22.06.2019 00:50
Consider each of the following cases: case accounting break-even unit price unit variable cost fixed costs depreciation 1 127,400 $ 38 $ 25 $ 711,000 ? 2 124,000 ? 41 2,500,000 $ 900,000 3 5,753 117 ? 171,000 100,000 required: (a) find the depreciation for case 1. (do not round your intermediate calculations.) (b) find the unit price for case 2. (do not round your intermediate calculations.) (c) find the unit variable cost for case 3. (do not round your intermediate calculations.)
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Business, 23.06.2019 07:50
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Business, 23.06.2019 13:10
Lindor inc.'s $100 par value preferred stock pays a dividend fixed at 8% of par. to earn 12% on an investment in this stock, you need to purchase the shares at a per share price of
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Business, 23.06.2019 14:30
You received to create an urgent presentation with predesigned and preinstalled elements. which option will you use?
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Zinc, lp was formed on august 1, 20x9. when the partnership was formed, al contributed $10,000 in ca...
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