subject
Business, 20.03.2020 11:29 alyssatamayo641

"An investor contributes $200,000 to a limited partnership and signs a $100,000 recourse note. In the first year, the investor's distributive share of income is $55,000 and loss is $300,000. The partnership also distributed $50,000 of cash during the year. How much loss can be deducted for this year

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 13:00
Fern corporation manufacturers a single product that has a selling price of $20.00 per unit. fixed expenses total $48,000 per year, and the company must sell 6,000 units to break even. if the company has a target profit of $14,000, sales in units must be:
Answers: 1
question
Business, 21.06.2019 21:00
Sheldon has the following year-end account balances: accounts receivable, $5,000; supplies, $12,000; equipment, $18,000; accounts payable, $17,000; stockholders’ equity, $43,000. the cash account balance was not available at year-end. given the account balances listed, the balance in the cash account should be?
Answers: 2
question
Business, 22.06.2019 00:50
Consider each of the following cases: case accounting break-even unit price unit variable cost fixed costs depreciation 1 127,400 $ 38 $ 25 $ 711,000 ? 2 124,000 ? 41 2,500,000 $ 900,000 3 5,753 117 ? 171,000 100,000 required: (a) find the depreciation for case 1. (do not round your intermediate calculations.) (b) find the unit price for case 2. (do not round your intermediate calculations.) (c) find the unit variable cost for case 3. (do not round your intermediate calculations.)
Answers: 2
question
Business, 22.06.2019 08:30
Match each item to check for while reconciling a bank account with the document to which it relates.(there's not just one answer)1. balancing account statement2. balancing check registera. nsf feesb. deposits in transitc. interest earnedd. bank errors
Answers: 2
You know the right answer?
"An investor contributes $200,000 to a limited partnership and signs a $100,000 recourse note. In th...
Questions
question
Biology, 30.08.2019 01:30
question
Mathematics, 30.08.2019 01:30
question
Physics, 30.08.2019 01:30
Questions on the website: 13722363