A partnership in which a parent transferred a 40% interest by gift to a child generated a profit of $130,000. Capital is a material income-producing factor. The parent performed services valued at $44,000. The child performed no services. Under these circumstances, $is allocated to the parent as compensation for services and $for capital. The remaining $of income allocated to the child.

If the government is required to balance the budget and the economy falls into a recession, which of the actions is a feasible policy response? cut taxes to encourage consumer spending invest in infrastructure increase government spending to stimulate the economy cut spending equal to the reduction in tax revenue what is a likely consequence of this policy? unemployment falls due to the economic stimulus. the negative consequences of the recession are magnified. consumer spending increases due to their ability to keep more of their after-tax income. there is hyperinflation due to an increase in aggregate demand.

How much does a neurosurgeon can make most in canada? give me answer in candian dollar

The adjusted trial balance for china tea company at december 31, 2018, is presented below: