subject
Business, 04.11.2019 22:31 g0606997

Rocky and charlie form rc partnership as equal partners. rocky contributes $100,000 into rc while charlie contributes real estate with a cost and fair market value of $100,000. during the current year, rc earned net income of $ 600,000. the partnership distributes $200,000 to each partner. the amount that rocky should report on his individual tax return a. $200,000. b. $300,000. c. $100,000. d. $0.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 11:30
(select all that apply) examples of email use that could be considered unethical include denying receiving an e-mail requesting that you work late forwarding a chain letter asking for donations to a good cause sending a quick message to your friend about last weekend sending your boss the monthly sales figures in an attachment setting up a meeting with your co-worker sharing a funny joke with other employees
Answers: 2
question
Business, 22.06.2019 21:00
At present, the united states has an embargo against north korea because a. the two countries have extremely poor political relations. b. north korea will not adopt a capitalist government. c. north korean products are too difficult to use. d. north korea has an embargo on american products. e. products from north korea are in higher demand than american-made products.
Answers: 2
question
Business, 23.06.2019 01:30
Lee earns $1,482 of interest in 270 days after making a deposit of $15,200. find the interest rate.
Answers: 1
question
Business, 23.06.2019 02:30
On december 1, 2017, bigham corporation pays a dividend of $4.00 on each share of its common stock. vanessa and gena, two unrelated shareholders, each own 5,000 shares of the stock. vanessa has owned her stock for two years while gena purchased her stock on november 3, 2017. how does each shareholder treat the $20,000 dividend from bigham
Answers: 3
You know the right answer?
Rocky and charlie form rc partnership as equal partners. rocky contributes $100,000 into rc while ch...
Questions
Questions on the website: 13722359