Jerilyn is a 30% partner in the apj partnership when she sells her entire interest to melly for $92,000 cash. at the time of the sale, jerilyn’s basis in apj is $75,000. apj does not have any debt or hot assets. what is jerilyn’s gain or loss on the sale of her interest?

Abusiness cycle reflects in economic activity, particularly real gdp. the stages of a business cycle

Georgia's gross pay was 35,600 this year she is to pay a federal income tax of 16% how much should georgia pay in federal income ax this year

Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor.required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)