subject
Business, 12.07.2019 03:10 hannah1571

Daniela is a 25% partner in the jrd partnership. on january 1, jrd makes a proportionate, liquidating distribution of $16,000 cash, inventory with a $16,000 fair value (inside basis $8,000), and accounts receivable with a fair value of $8,000 (inside basis of $12,000) to daniela. jrd has no liabilities at the date of the distribution. daniela's basis in her jrd partnership interest is $20,000. what is the amount and character of daniela's gain or loss from the distribution?
1. $0
2. $16,000 ordinary income
3. $16,000 capitol gain
4. $20,000 capitol gain

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 16:00
Five times the sum of a number and 27 is greater then or equal to six times the of that number and 26. what is the solution set to this proportion?
Answers: 1
question
Business, 22.06.2019 01:00
Need with my trade theory homework. i doubt what i wrote was right.consider a monopolistically competitive market for soft drinks in which n symmetric firms face the following demand function: q=s(1/n-b(p-(p with the straight line on which implies the marginal revenue functionmr=p-(q/sb)finally, suppose firms face the total cost functiontc=900,000+100qsuppose the market size, s, is 27,000,000, and the elasticity parameter b is 0.003.diagram the price and the average total cost in the market as a function of the number of firms. what are the equations for each curve, and why does each curve slope up or down? label the equilibrium number of firms and the equilibrium price in the diagram. why is this the equilibrium?
Answers: 1
question
Business, 22.06.2019 01:30
Side bar toggle icon performance in last 10 qs hard easy performance in last 10 questions - there are '3' correct answers, '3' wrong answers, '0' skipped answers, '1' partially correct answers about this question question difficulty difficulty 60% 42.2% students got it correct study this topic β€’ demonstrate an understanding of sampling distributions question number q 3.8: choose the correct estimate for the standard error using the 95% rule.
Answers: 2
question
Business, 22.06.2019 05:00
At which stage would you introduce your product to the market at large? a. development stage b. market testing stage c. commercialization stage d. ideation stage
Answers: 3
You know the right answer?
Daniela is a 25% partner in the jrd partnership. on january 1, jrd makes a proportionate, liquidatin...
Questions
question
Mathematics, 30.01.2020 03:53
question
French, 30.01.2020 03:53
Questions on the website: 13722367