Wanda is a 20 percent owner of video associates, which is treated as a passthrough entity for federal income tax purposes. this year, wanda was allocated $45,000 of ordinary income from video associates, $1,000 of tax-exempt interest income, and $2,000 of nondeductible expenses. wanda also received a $10,000 distribution from video associates this year. at the beginning of the year, video associates had outstanding debt of $100,000. at the end of the year, the entity’s outstanding debts increased to $130,000. if video associates is a partnership, and her basis in her partnership interest at the beginning of the year is $30,000, determine wanda’s tax basis in her partnership interest at year-end. if video associates is an s corporation, and her basis in her s corporation stock at the beginning of the year is $10,000, determine wanda’s tax basis in her corporate stock at year-end.

Which of the following best explains why treasury bonds have an effect on the size of the money supply? a. the amount of treasury bonds in circulation affects both unemployment and inflation. b. the government can spend more money and charge lower taxes by using treasury bonds. c. the federal reserve bank can buy and sell these bonds to raise or lower bank deposits. d. the interest paid on treasury bonds influences the interest rates charged by private banks. 2b2t

1. descriptive statistics quickly describe large amounts of data can predict future stock returns with surprising accuracy statisticians understand non-numeric information, like colors refer mainly to patterns that can be found in data 2. a 15% return on a stock means that 15% of the original purchase price of the stock returns to the seller at the end of the year 15% of the people who purchased the stock will see a return the stock is worth 15% more at the end of the year than at the beginning the stock has lost 15% of its value since it was originally sold 3. a stock purchased on january 1 cost $4.35 per share. the same stock, sold on december 31 of the same year, brought in $4.75 per share. what was the approximate return on this stock? 0.09% 109% 1.09% 9% 4. a stock sells for $6.99 on december 31, providing the seller with a 6% annual return. what was the price of the stock at the beginning of the year? $6.59 $1.16 $7.42 $5.84

Why is investing in a mutual fund less risky than investing in a particular company’s stock?