Answer:
$31,000
Explanation:
Calculation to determine Elaine's current basis in her partnership interest
Using this formula
Elaine's current basis= Value of original basis + (interest purchased - Cash received) + Tax exempt interest
Let plug in the formula
Elaine's current basis= $40,000 + ($70,000 - $80,000) + $1,000
Elaine's current basis= $40,000 - $10,000 + $1,000
Elaine's current basis= $31,000
Therefore Elaine's current basis in her partnership interest is $31,000
Answer and Explanation:
The computation is shown below:
a. The expected value of payout arise from emergency is
= 0.01 × $67,500
= $675
b. The expected value of payout arise from capped coverage insuance is
= (0.9 × $500) + (0.09 × $2,500)
= $675
c. The risk averse shows the minimum exposure with respect to the swings of the income or there would be the loss in the income. Since the payout amount is same in both the cases so here we considered option B
Explanation:
Profit is maximized at the production point of four tops. The disparity in net income and net expenditure is highest in this amount.
Another way of talking about this is to note that for the first 4 shirts that Gilberto makes, the marginal cost (MC) of making each shirt is smaller than the total revenue (MR) it generates from selling the shirt.
Beyond just the third shirt he makes per hour, the total cost of making the shirt is higher than the amount Gilberto receives; thus, opting to manufacture more than 4 shirts decreases Darnell's benefit.
Answer:
The correct answer is option C) Responsibility for others
Explanation:
Being responsible for the financial needs for others is one of the biggest factors that leads the individual towards increased income, reduced risk and increases future financial protection.
They have to pay for not only themselves, but others too, most commonly their family. Therefore, they think of investing in assets that have a high profit return and low risk of failure such as buying a property for future purposes or looking for a job that has more long term privileges.