subject
Business, 15.04.2021 21:00 Mariaisagon9050

Ute, a partner in the PAC 12 Partnership, has a 90 percent share in partnership profits and losses. Ute's capital account had a net increase of $750,000 during 20X8. During 20X8, Ute contributed equipment with a book value of $275,000 and a Fair Value of $320,000 to the partnership and made a withdrawal of $50,000. What was the net income of the PAC 12 Partnership for 20X8

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 14:00
After creating an organizational strategy based on porter’s models, a company can a) create process models. b) calculate inputs and outputs. c) examine market structure. d) develop information systems. only answer if you're positive! you!
Answers: 2
question
Business, 21.06.2019 20:20
while setting up his new office, an attorney ordered thick, frieze carpets for the floor. however, the building inspector had him remove the expensive carpeting. the building inspector stated that according to federal regulations, the office must be wheelchair accessible as it is a public area. he further explained that since wheelchairs do not maneuver well in thick, frieze carpeting, the carpets had to be removed and be replaced with smooth-textured carpets that do not restrict wheelchair maneuverability. this scenario illustrates how a company is influenced by the component of its specific environment.
Answers: 2
question
Business, 22.06.2019 01:30
What is an example of a good stock to buy during economic expansion? a) cyclical stock b) defensive stock c) income stock d) bond
Answers: 3
question
Business, 22.06.2019 09:40
The relationship requirement for qualifying relative requires the potential qualifying relative to have a family relationship with the taxpayer. t or fwhich of the following is not a from agi deduction? a.standard deductionb.itemized deductionc.personal exemptiond.none of these. all of these are from agi deductions
Answers: 3
You know the right answer?
Ute, a partner in the PAC 12 Partnership, has a 90 percent share in partnership profits and losses....
Questions
question
Geography, 01.06.2021 17:30
question
Mathematics, 01.06.2021 17:30
question
Mathematics, 01.06.2021 17:30
question
Mathematics, 01.06.2021 17:30
Questions on the website: 13722367