Business, 17.07.2021 01:20 jeurycruz15p6vpch
This year, FGH Partnership generated $730,000 ordinary business income. FGH has two equal partners: Triad LLC and Beta, an S corporation. Triad LLC has three members: Mr. Ty, who owns a 45 percent interest; Mrs. Ude, who owns a 35 percent interest; and V Inc., which owns a 20 percent interest. Beta has 100 shares of outstanding stock, all of which are owned by Ms. Byrd.
Required:
Identify the taxpayers who must pay tax on the partnership income and determine how much income must be reported by each.
Answers: 3
Business, 21.06.2019 14:40, aliviafrancois2000
Castillo corporation, a manufacturer, reports costs for the year as follows: direct materials used $735,000 wages to line workers 510,000 office rent 26,000 indirect materials used 700,000how much is the total period costs for castillo? $735,000 $510,000 $26,000 $700,000
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Business, 22.06.2019 01:30, AbyssAndre
Can you post a video on of the question that you need on
Answers: 2
Business, 22.06.2019 11:30, astorkid
Mark knopf is an auditor who has been asked to provide an audit and financial statement certification for a company that is going public on the new york stock exchange. knopf wants to know his personal liability if the company provides him with inaccurate or false information. which of the following sources of law will him answer that question? a. the city ordinances where the company headquarters is located. b. the state constitution of the state where the company is incorporated. c. code of federal regulations. d. all of the above
Answers: 1
Business, 22.06.2019 11:50, dinero0424
After graduation, you plan to work for dynamo corporation for 12 years and then start your own business. you expect to save and deposit $7,500 a year for the first 6 years (t = 1 through t = 6) and $15,000 annually for the following 6 years (t = 7 through t = 12). the first deposit will be made a year from today. in addition, your grandfather just gave you a $32,500 graduation gift which you will deposit immediately (t = 0). if the account earns 9% compounded annually, how much will you have when you start your business 12 years from now?
Answers: 1
This year, FGH Partnership generated $730,000 ordinary business income. FGH has two equal partners:...
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