Calculate elaine current basic in her partnership interest

Assignment Help Cost Accounting

Reference no: EM13215942

Elaine's original basic in the hornbeam partnership was 25,000. her share of the taxable income from the partnership since she purchase the interest has been 100,000 and Elaine has received 75000 in cash distribution from the partnership, Elaine didn't recognized any gains as a result of this distribution. Calculate Elaine current basic in her partnership interest.

Reference no: EM13215942

Questions Cloud

Find the magnetic force on the electron : An electron moves in the xy plane with a speed of 3.75 x 106 m / s at an angle 600 with the x-axis 300 and the axis. A magnetic field of 0.85T is in the positive direction of axis y. Find the magnetic force on the electron.

Determine the probability that the flop : Contains at least 1 card of your denomination and gives you "trips" that is, contains exactly 1 card of your denomination and 2 other unpaired cards.

What is the index of refraction of the blue light : If the index of refractions of the red light is 1.4925, what is the index of refraction of the blue light?

Explain business knowledge in the related subject area : Discuss specific challenges that you may have experienced with any of the subject matter presented, and point out the areas for which you would like more information.

Calculate elaine current basic in her partnership interest : Elaine's original basic in the hornbeam partnership was 25,000. her share of the taxable income from the partnership since she purchase the interest has been 100,000 and Elaine has received 75000 in cash distribution from the partnership.

How to changing the variables may effect the distance : predict how to changing the variables may effect the distance traveled or the speed of the race car.

Understand the variability in data : Using your own words, what is statistical variability? Why is it important for researchers to understand the variability in their data?

What is yaddofs adjusted cash balance on june 30 : At June 30, Yaddof Company has the following bank information: cash balance per bank $3,600; outstanding checks $680; deposits in transit $550; credit memo for interest $150; bank service charge $20. What is Yaddof's adjusted cash balance on June ..

What is the lowest score that nandan can get : To get a C in history, Nandan must average 74 on four tests. Scores on the first three tests were 69, 74, and 65. What is the lowest score that Nandan can get on the last test and still receive a C?

User Account

All Pages