subject
Business, 22.08.2019 17:10 zlittleton2008

Hilary had an outside basis in ltl, general partnership of $21,000 at the beginning of the year. ltl reported the following items on hilary's k-1 for the year: ordinary business income of $16,000, a $21,000 reduction in hilary's share of partnership debt, a cash distribution of $31,000, and tax-exempt income of $14,000. what is hilary's adjusted basis at the end of the year?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 20:20
Jing-sheng facilitated a hiring committee for his advertising company. six employees (including two managers) met together to discuss applicants and select the finalists for a copywriter position in the public relations department. although the head of public relations would have the final nod on the candidate that would ultimately be hired, the evaluative work of the committee was very important because this group would send forward those persons they believed would be good work colleagues. in setting up this type of hiring process, the head of public relations was utilizing a(n) style of leadership.a. autocraticb. free-reinc. contingentd. participative
Answers: 3
question
Business, 21.06.2019 22:20
Outstanding stock consists of 8,300 shares of cumulative 7% preferred stock with a $10 par value and 4,300 shares of common stock with a $1 par value. during the first three years of operation, the corporation declared and paid the following total cash dividends. year dividend declared 2016 $ 0 2017 $ 7,300 2018 $ 45,000 the amount of dividends paid to preferred and common shareholders in 2018 is:
Answers: 2
question
Business, 22.06.2019 09:30
What is the relationship among market segmentation, target markts, and consumer profiles?
Answers: 2
question
Business, 22.06.2019 15:10
You want to have $80,000 in your savings account 11 years from now, and you’re prepared to make equal annual deposits into the account at the end of each year. if the account pays 6.30 percent interest, what amount must you deposit each year? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Answers: 1
You know the right answer?
Hilary had an outside basis in ltl, general partnership of $21,000 at the beginning of the year. ltl...
Questions
question
Mathematics, 21.10.2020 20:01
question
Mathematics, 21.10.2020 20:01
question
English, 21.10.2020 20:01
question
Mathematics, 21.10.2020 20:01
Questions on the website: 13722367