Job outside of the business

Assignment Help Finance Basics
Reference no: EM132379967

Paul, David, Kristina, and Rachel are partners in MovieMakers, LLC. They all participate in the business to some extent and there are no other employees. Given the following activities, list the name(s) of all material participant(s).

  • Paul has a job outside of the business but does provide about 125 hours a year to help market the business.
  • David devotes all of his time to the business and generally devotes 60 hours per week to the business.
  • Kristina has materially participated in the business for the last 7 years; however, she only dedicated about 50 hours this year because she had a baby in Janyary.
  • Rachel devotes very little time to the business and only helps on an as-needed basis. She rarely helps more than 2 or 3 hours per month.

Reference no: EM132379967

Questions Cloud

Give one example of a fixed cost for tasty break : 1. Give one example of a fixed cost for 'Tasty Break' and one variable cost.
What things about aging seem more daunting : What things about aging seem more daunting, or that you hope to avoid as much as possible?
What is the price of the bill : A T-bill with face value $10,000 and 82 days to maturity is selling at a bank discount ask yield of 2.9%.
What is kali suspended loss due to at-risk rules : The business allocated a $150,000 loss to Kali for the current year. Kali has no other passive income or losses.
Job outside of the business : Paul has a job outside of the business but does provide about 125 hours a year to help market the business.
What is the sustainable growth rate : Last year Umbrellas Unlimited Corporation had an ROE of 15.8% and a dividend payout ratio of 40.7%. What is the sustainable growth rate?
What is the present value : What is the present value of a $2,700 deposit in year 3 and another $3,200 deposit at the end of year 7 if interest rates are 8 percent?
Calculate the percentage return on a? 1-year treasury bill : Calculate the percentage return on a? 1-year Treasury bill with a face value of ?$10,000 if you pay ?$9,800.00 to purchase it and receive its full face value at
Implications of result for cash management? decisions : Calculate the? after-tax rate of? return, the real? return, and the total monetary return. What are the implications of this result for cash management?

Reviews

Write a Review

Finance Basics Questions & Answers

  Diane carter is interested in buying a five-year zero

diane carter is interested in buying a five-year zero coupon bond with a face value of 1000. she understands that the

  Explain how a short call added to a protective put forms

Explain the process by which the profit of a short straddle closed out prior to expiration is influenced by the time values of the put and call.

  Find the dual value aka--shadow price for rhs value of

the manager of fyz incorporated has been presented with the following lp modelminimize costs nbspnbspnbsp z 30a

  Cadaveric femurs from subjects in three age groups

A recent study that examined bone strength collected data from cadaveric femurs from subjects in three age groups. The data are below. Does mean bone strength differ for the three age groups? Use a 5% level of significance. Make sure to 1. give th..

  Ordering quantity for nashville records inc

Given the following information, what is the economic ordering quantity (EOQ) for Nashville Records Inc.?

  If you need 080 in assets for every 100 in sales by how

you have been running your small business crafts boat shop for several years now and have been very successful. you

  Which of the two reserve requirement changes discusses

Which of the two reserve requirement changes discusses in (c) causes the greatest impact on the dollar amount of reserves for all three of the banks?

  Determine the needs of the learning team

Assume you are the manager of your learning team and need to develop a plan that will address the characteristics of your group and yourself as the leader. This plan can be used to determine the needs of the learning team and is a tool for members..

  Alternative courses of action

The process of evaluating financial data that change under alternative courses of action is called:

  What is the depreciation base of this equipment

What amount should the company capitalize for this equipment on January 1, 2011?

  Calculate roi for both subsidiaries

Calculate ROI for both subsidiaries. Calculate EVA for both subsidiaries. Note that since no adjustments for "accounting distortions" are being made, EVA is equivalent to residual income.

  Define the value of the project

Project Z has an initial outlay of $18,000 and generates positive cash flows in years 1, 2, 3 and 4 of $4,459, $3,304, $2,769, and $4,086 respectively.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd