Mira and Lemma are equal owners of an entity. Each contributed $25,000 cash to the entity. In addition, the entity obtains a loan of $100,000. The profits for the year are $30,000. Determine Mira and Lemma's basis of the ownership interest at the end of the period assuming the entity is a partnership, a C corporation, or a S corporation.
Answers: 1
Business, 21.06.2019 21:30
In its 2016 annual report, caterpillar inc. reported the following (in millions): 2016 2015 sales $38,537 $47,011 cost of goods sold 28,309 33,546 as a percentage of sales, did caterpillar's gross profit increase or decrease during 2016? select one: a. gross profit increased from 26.8% to 28.6% b. gross profit decreased from 28.6% to 26.5% c. gross profit increased from 71.4% to 73.2% d. gross profit decreased from 73.2% to 71.4% e. there is not enough information to answer the question.
Answers: 2
Business, 22.06.2019 15:00
Because gloria's immediate concern was the perceived gender discrimination, she would be more concerned about than intent, resultsresults, intentstatistics, trendsrace,gendergender,race
Answers: 2
Business, 22.06.2019 16:20
Stosch company's balance sheet reported assets of $112,000, liabilities of $29,000 and common stock of $26,000 as of december 31, year 1. if retained earnings on the balance sheet as of december 31, year 2, amount to $74,000 and stosch paid a $28,000 dividend during year 2, then the amount of net income for year 2 was which of the following? a)$23,000 b) $35,000 c) $12,000 d)$42,000
Answers: 1
Business, 22.06.2019 17:30
After the embarrassing sign incident at the restaurant you own, you decide to offer employees a six-week fundamental writing skills workshop. a local business communication instructor, who has experience teaching writing skills at treleaven community college, will facilitate the sessions. to encourage employees to attend these optional sessions, write an email that explains why youβre offering the workshop and why employees should participate.
Answers: 2
Mira and Lemma are equal owners of an entity. Each contributed $25,000 cash to the entity. In additi...
Mathematics, 14.11.2019 06:31
Mathematics, 14.11.2019 06:31
Biology, 14.11.2019 06:31
Biology, 14.11.2019 06:31
Physics, 14.11.2019 06:31
Physics, 14.11.2019 06:31
Biology, 14.11.2019 06:31
Computers and Technology, 14.11.2019 06:31
Computers and Technology, 14.11.2019 06:31
Computers and Technology, 14.11.2019 06:31