Hilary had an outside basis in LTL General Partnership of $14,000 at the beginning of the year. LTL reported the following items on Hilary's K-1 for the year: ordinary business income of $9,000, a $14,000 reduction in Hilary's share of partnership debt, a cash distribution of $24,000, and tax-exempt income of $7,000. What is Hilary's adjusted basis at the end of the year

Which of the following would classify as a general education requirement

Sauer food company has decided to buy a new computer system with an expected life of three years. the cost is $440,000. the company can borrow $440,000 for three years at 14 percent annual interest or for one year at 12 percent annual interest. assume interest is paid in full at the end of each year. a. how much would sauer food company save in interest over the three-year life of the computer system if the one-year loan is utilized and the loan is rolled over (reborrowed) each year at the same 12 percent rate? compare this to the 14 percent three-year loan.

Which of these is an example of innovation?