![subject](/tpl/images/cats/ekonomika.png)
Business, 04.03.2020 02:30 ssuereichard
On June 1 of the current tax year Elisha and Ezra (who are equal partners) contribute property to form the Double E Partnership. Elisha contributes cash of $456,480. Ezra contributes a building and land with an adjusted basis and fair market value of $760,800, subject to a liability of $304,320. The partnership borrows $47,550 to finance construction of a parking lot in front of the building. At the end of the first year (December 31), the accrual basis partnership owes $19,020 in trade accounts payable to various creditors. The partnership reported net income of $71,325 for the year, which they share equally. Assume that Elisha and Ezra share equally in partnership liabilities. How much is Elisha's basis in the partnership interest on December 31? Ezra's? Round interim and final answers to whole dollars.
Elisha's basis: $ 677588
Ezra's basis: $ 677588
![ansver](/tpl/images/cats/User.png)
Answers: 2
Another question on Business
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 02:20
Archangel manufacturing calculated a predetermined overhead allocation rate at the beginning of the year based on a percentage of direct labor costs. the production details for the year are given below. calculate the manufacturing overhead allocation rate for the year based on the above data. (round your final answer to two decimal places.) a) 42.42% b) 257.14% c) 235.71% d) 1, 206.90% archangel production details.
Answers: 3
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 06:30
If the findings and the results are not presented properly, the research completed was a waste of time and money. true false
Answers: 1
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 07:10
Refer to the payoff matrix. suppose that speedy bike and power bike are the only two bicycle manufacturing firms serving the market. both can choose large or small advertising budgets. is there a nash equilibrium solution to this game?
Answers: 1
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 08:40
Mcdonald's fast-food restaurants have a well-designed training program for all new employees. each new employee is supposed to learn how to perform standardized tasks required to maintain mcdonald's service quality. due to labor shortages in some areas, new employees begin work as soon as they are hired and do not receive any off-the-job training. this nonconformity to standards creates
Answers: 2
You know the right answer?
On June 1 of the current tax year Elisha and Ezra (who are equal partners) contribute property to fo...
Questions
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/obshestvoznanie.png)
Social Studies, 29.10.2020 09:30
![question](/tpl/images/cats/himiya.png)
Chemistry, 29.10.2020 09:30
![question](/tpl/images/cats/es.png)
Spanish, 29.10.2020 09:30
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/biologiya.png)
Biology, 29.10.2020 09:30
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mkx.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 29.10.2020 09:30
![question](/tpl/images/cats/mat.png)
Mathematics, 29.10.2020 09:30
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/biologiya.png)
![question](/tpl/images/cats/himiya.png)
![question](/tpl/images/cats/himiya.png)
Chemistry, 29.10.2020 09:40
![question](/tpl/images/cats/obshestvoznanie.png)
Social Studies, 29.10.2020 09:40