Enerico contributes $100,000 cash in exchange for a 40% interest in the calendar year abc llc. this year, abc generates $80,000 of ordinary taxable income. enerico withdraws $10,000 cash from the partnership at the end of the tax year. a. compute enerico’s gross income from abc’s ordinary income for the tax year. b. compute enerico’s gross income from the llc’s cash distribution.

Cool beans is a locally owned coffee shop that competes with two large coffee chains, planeteuro and frothies. alicia, the owner, hired two students to count the number of customers that entered each of the coffee shops to estimate what percent of people who are interested in coffee are visiting each shop. after a week, the students found the following results: 589 visited cool beans, 839 visited planeteuro, and 1,290 visited frothies. the students were surprised that cool beans had 139 visits on monday which represented 59% of all people who visited one of the three coffee shops on mondays. how many people visited one of the three coffee shops during the week?

1. is the act of declaring a drivers license void and terminated when it is determined that the license was issued through error or fraud.

Hubert manages a grocery store in a country experiencing a high rate of inflation. to keep up with inflation, he spends a lot of time every day updating the prices, printing new price tags, and sending out newspaper inserts advertising the new prices. his employees regularly deal with customer annoyance over the frequent price changes. this is an example of the of inflation.