Jerry contributed $8,000 for a 25% interest in a bookstore. he also contributed a cash register, with a fair market value of $490 and adjusted basis of $350. the store had a profit of $60,000 at the end of the year. what is jerry's partnership basis in the bookstore at the end of the year?
a- $23,000
b- $23,300
c- $23,350
d- $23,490

If you miss two payments on a credit card what is generally the penalty

Customers arrive at rich dunn's styling shop at a rate of 3 per hour, distributed in a poisson fashion. rich can perform an average of 5 haircuts per hour, according to a negative exponential distribution. a) the average number of customers waiting for haircuts= customersb) the average number of customers in the shop= customersc) the average time a customer waits until it is his or her turn= minutesd) the average time a customer spends in the shop= minutese) the percentage of time that rich is busy= percent

What are the weak points of economic costs that are part of a free enterprise economy?