Business, 26.05.2020 14:58 ranaawilliamsoowl6dk
When Uncle Sam died in 2019, he left his estate to his ungrateful cousin, Brian. Sam’s cost basis in his property was $1.5 million, but, due to turbulent political and economic times, it was only worth $0.5 million at his death. Sam had reinvested approximately $250,000 of dividends during his holding period, and his estate paid $500,000 in transfer taxes at his death. What is Brian’s basis in the property?
Answers: 1
Business, 22.06.2019 09:30
When you hire an independent contractor you don't have to pay the contractors what
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Business, 23.06.2019 00:00
Which example would the government consider as intellectual property? a. product design that contains a hologram of the logo of the company b. a copy of a famous artist’s painting in a new medium c. a plant species discovered in the united states for the first time d. a method of production that is common to an entire industry e. a discount structure offered to the customer at a store
Answers: 3
Business, 23.06.2019 00:00
Which of the following statements is correct? a major disadvantage of a partnership relative to a corporation is the fact that federal income taxes must be paid by the partners rather than by the firm itself. in a typical partnership, liability for other partners’ misdeeds is limited to the amount of a particular partner’s investment in the business.true in a limited partnership, the limited partners have voting control, while the general partner has operating control over the business, and the limited partners are individually responsible, on a pro rata basis, for the firm’s debts in the event of bankruptcy. partnerships have more difficulty attracting large amounts of capital than corporations because of such factors as unlimited liability, the need to reorganize when a partner dies, and the illiquidity of partnership interests.
Answers: 1
Business, 23.06.2019 00:30
Braden’s ice cream shop is losing business. he knows that customers are no longer choosing his product because a competing product has become less expensive, yet he has refused to lower his prices. what has happened to braden’s business?
Answers: 1
When Uncle Sam died in 2019, he left his estate to his ungrateful cousin, Brian. Sam’s cost basis in...
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