subject
Business, 11.05.2021 01:00 gg68814

Emmy contributes $40,000 to MeldCo in exchange for a 30% ownership interest. During the first year of operations, MeldCo earns a profit of $200,000. At the end of that year, MeldCo holds liabilities of $75,000. Calculate Emmy's basis for her ownership interest if the entity is (a) a C corporation, (b) an S corporation, and (c) a partnership.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 14:50
The maximum amount of money that a consumer can charge on a credit card is called the
Answers: 2
question
Business, 21.06.2019 21:20
Trinity coatings company uses the indirect method to prepare its statement of cash flows. refer to the following information for 2018: the beginning balance in the cash account was $ 3 comma 000. net cash provided by operating activities: $ 42 comma 000 net cash used for investing activities: $(26 comma 500) net cash provided by financing activities: $ 1 comma 700 the statement of cash flows will show
Answers: 2
question
Business, 22.06.2019 16:00
Winners of the georgia lotto drawing are given the choice of receiving the winning amount divided equally over 2121 years or as a lump-sum cash option amount. the cash option amount is determined by discounting the annual winning payment at 88% over 2121 years. this week the lottery is worth $1616 million to a single winner. what would the cash option payout be?
Answers: 3
question
Business, 22.06.2019 19:10
You have just been hired as a brand manager at kelsey-white, an american multinational consumer goods company. recently the firm invested in the development of k-w vision, a series of systems and processes that allow the use of up-to-date data and advanced analytics to drive informed decision making about k-w brands. it is 2018. the system is populated with 3 years of historical data. as brand manager for k-w’s blue laundry detergent, you are tasked to lead the brand's turnaround. use the vision platform to to develop your strategy and grow blue’s market share over the next 4 years.
Answers: 2
You know the right answer?
Emmy contributes $40,000 to MeldCo in exchange for a 30% ownership interest. During the first year o...
Questions
question
Mathematics, 16.12.2021 14:00
question
History, 16.12.2021 14:00
question
World Languages, 16.12.2021 14:00
question
Physics, 16.12.2021 14:00
question
Mathematics, 16.12.2021 14:00
question
Computers and Technology, 16.12.2021 14:00
Questions on the website: 13722363