T. palms has a basis of $20,000 for her one-third interest in a partnership. the partnership has no liabilities, cash of $22,000, and property with a partnership basis of $38,000 and fair market value of $44,000. for her one-third interest, palms receives the cash of $22,000. if the partnership elects sec. 754 optional basis adjustment, what is the basis of the retained partnership property?

1. what are the unique operational challenges to delivering fresh meals? 2. why is speed of delivery so important for delivered meals? what variety of options contribute to this performance metric? 3. how could operations management concepts be utilized to improve the performance of freshly? 4. what are your typical product delivery times? what would be required to speed these up? 5. what are your delivery batch quantities? how could you reduce batch size and reduce delivery cost simultaneously using operations management concepts?

Telecom co. enters into a two-year contract with a customer to provide wireless service (voice and data) for $40 per month. to induce customers, telecom co. provides a free phone. telecom co. normally sells the phone on a stand-alone basis for $200. telecom co. also charges the customer a one-time activation fee of $35.which of the following is true? a) there are two distinct performance obligations: the voice service and the data service b) the free phone constitutes as a marketing expense c) the activation fee is a separate performance obligationd) there are two distinct performance obligations: the wireless services and the phone

Look at this section of the 1040ez form. will this individual receive a refund? yes no