Sue and andrew form sa general partnership. each person receives an equal interest in the newly created partnership. sue contributes $10,000 of cash and land with a fmv of $55,000. her basis in the land is $20,000. andrew contributes equipment with a fmv of $12,000 and a building with a fmv of $33,000. his basis in the equipment is $8,000, and his basis in the building is $20,000. how much gain must the sa general partnership recognize on the transfer of these assets from sue and andrew?

Interest is credited to a fixed annuity no lower than the variable contract rate contract guaranteed rate current rate of inflation prime rate

Read the following paragraph, and choose the best revision for one of its sentences.dr. blake is retiring at the end of the month. there will be an unoccupied office upon his departure, and it is big in size. because every other office is occupied, we should convert dr. blake’s office into a lounge. it is absolutely essential that this issue is discussed at the next staff meeting. (a) because every other office is occupied, it’s recommended that we should convert dr. blake’s office into a lounge. (b) because every other office is filled, we should convert dr. blake’s office into a lounge.

What could cause a production possibilities curve to move down and to the left? a.) a nation loses land after being defeated in a war. b.) an increase in the use of computer technology speeds up production c.) a baby boom 20 years ago results in a large number of young adults in the population today. d.) thousands of investors from overseas invest money in a nations economy.