Reference no: EM13142782
Kaylyn is a 40% partner in the KKM Partnership. During the current year, KKM reported gross receipts of $160,000 and a charitable contribution of $10,000. The partnership paid office expenses of $100,000. In addition, KKM distributed $10,000 each to partners Kaylyn and Kristie, and the partnership paid partner Megan $20,000 for administrative services. Kaylyn reports the following income from KKM during the current tax year:
a. $4,000 ordinary income.
b. $12,000 ordinary income.
c. $8,000 ordinary income; $4,000 charitable contribution.
d. $16,000 ordinary income; $4,000 charitable contribution
e. None of the above.
|
How much is the total manufacturing cost per unit
: Conversion cost per unit equals $9.00. Total materials costs are $60,000. Equivalent units are 20,000. How much is the total manufacturing cost per unit?
|
|
English instructor suggests an acronym-savrs
: Your English instructor suggests an acronym, SAVRS, to remember the criteria for selecting the best relevant evidence for a research paper.
|
|
General revenue from progam revenue
: Distinguish general revenue from progam revenue. Provide several example of each.
|
|
The long tube-like structure
: The long tube-like structure that conveys impulses away from the cell body toward other neurons, muscles, or glands is called a(n)
|
|
Income from the current tax year
: The partnership paid office expenses of $100,000. In addition, KKM distributed $10,000 each to partners Kaylyn and Kristie, and the partnership paid partner Megan $20,000 for administrative services. Kaylyn reports the following income from KKM du..
|
|
Create a work of art
: Create a work of art (visual, literary, or musical) that reflects your own version of Hell and Heaven. write a brief explanation
|
|
Find the expected value and the standard error of x
: A mean of 2000 pounds and a variance of 2500 pounds. Let X be the mean of any sample of 100 ropes selected at random. find the expected value and the standard error of X.
|
|
One way in which psychology
: One way in which psychology examines issues in life-span development is to review current research on related topics. For this assignment you will review current research and provide a critical evaluation on that research through an annotated bibliog..
|
|
Provide a quantitative genetic explanation
: Provide a quantitative genetic explanation of how some children in a family can be shorter or taller than both of their parents?
|