Mathematics, 16.04.2020 23:17 heyitzmeamelie
During the current tax year, Dave and Stu formed the DS LLC with Dave contributing land with a basis of $360,000 and a fair market value of $600,000 at the contribution date. At the end of the year, the LLC distributes $300,000 of cash to Dave. The LLC made no distributions to Stu. Assume there were no other income or loss transactions for the year that would affect Dave's basis in his LLC interest.
Answers: 2
Mathematics, 22.06.2019 03:30, nayi2002
Acollege is selling tickets for a winter fund-raiser. one day, krissa sold 14 adult tickets and 8 student tickets for a total of $376. the next day, she sold 7 adult tickets and 11 student tickets for a total of $272. krissa wanted to find the price of one adult ticket, a, and the price of one student ticket, s. she wrote and solved the following system of equations.
Answers: 1
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