Sue and andrew form sa general partnership. each person receives an equal interest in the newly created partnership. sue contributes $19,000 of cash and land with a fmv of $64,000. her basis in the land is $29,000. andrew contributes equipment with a fmv of $21,000 and a building with a fmv of $42,000. his basis in the equipment is $17,000, and his basis in the building is $29,000. how much gain must the sa general partnership recognize on the transfer of these assets from sue and andrew?
a. $0
b. $4,000
c. $48,000
d. $52,000

Sales at a fast-food restaurant average $6,000 per day. the restaurant decided to introduce an advertising campaign to increase daily sales. to determine the effectiveness of the advertising campaign, a sample of 49 days of sales were taken. they found that the average daily sales were $6,300 per day. from past history, the restaurant knew that its population standard deviation is about $1,000. if the level of significance is 0.01, have sales increased as a result of the advertising campaign? multiple choicea)fail to reject the null hypothesis.b)reject the null hypothesis and conclude the mean is higher than $6,000 per day.c)reject the null hypothesis and conclude the mean is lower than $6,000 per day.d)reject the null hypothesis and conclude that the mean is equal to $6,000 per day.expert answer

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1. regarding general guidelines for the preparation of successful soups, which of the following statements is true? a. thick soups made with starchy vegetables may thin during storage. b. soups should be seasoned throughout the cooking process. c. finish a cream soup well before serving it to moderate the flavor. d. consommés take quite a long time to cool.