Business, 18.11.2019 18:31 urgurlkitty
Randolph is a 30 percent partner in the rd partnership. on january 1, rd distributes $15,000 cash, an investment with a fair value of $20,000 (inside basis of $10,000), and a parcel of land with a fair value of $10,000 (inside basis of $5,000) to randolph in complete liquidation of his interest. rd has no liabilities at the date of the distribution. randolph's basis in his rd partnership interest is $48,000. what is randolph's basis in the distributed investment and land? a. $10,000 inventory, $10,000 land. b. $15,000 inventory, $12,000 land c. $15,000 inventory, $10,000 land. d. $10,000 inventory, $12,000 land.
Answers: 2
Business, 22.06.2019 10:40
At cooly cola, we are testing the appeal of our new diet one cola. in a taste test of 250 randomly chosen cola drinkers, 200 consumers preferred diet one cola to the leading brand. assuming that the sample were large enough, the large-sample 95% confidence interval for the population proportion of cola drinkers that prefer diet one cola would be:
Answers: 1
Business, 22.06.2019 21:30
China white was the black market selling of ivory, in which the profit was redistributed back into the trafficking of heroin.
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Business, 22.06.2019 21:40
Which of the following is one of the main causes of inflation? a. wages drop so workers have to spend a higher percentage of income on necessities. b. demand drops and forces producers to charge more to meet their costs. c. rising unemployment cuts into national income. d. consumers demand goods faster than they can be supplied.
Answers: 3
Randolph is a 30 percent partner in the rd partnership. on january 1, rd distributes $15,000 cash, a...
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