The partnership of Anderson, Berry, Hammond, and Winwood is being liquidated. It currently holds cash of $22,900 but no other assets. Liabilities amount to $36,600. The capital balances are

1. a. If both Hammond and Winwood are personally insolvent, how much money must Berry contribute to this partnership?

2. b-1. If only Winwood is personally insolvent, how much money must Hammond contribute?

3. b-2. If only Winwood is personally insolvent, how will Hammond's contribution (funds) be disbursed?

4. c. If only Hammond is personally insolvent, how much money should Anderson receive from the liquidation

The partnership of Anderson, Berry, Hammond, and Winwood is being liquidated. It currently holds cash of $21,200 but no other assets. Liabilities amount to $32,500. The capital balances are

Anderson (40% of profits and losses) $ 38,700

Berry (30%) 27,000

Hammond (10%) (36,000 ) (deficit)

Winwood (20%) (41,000 ) (deficit)

a. If both Hammond and Winwood are personally insolvent, how much money must Berry contribute to this partnership?

b-1. If only Winwood is personally insolvent, how much money must Hammond contribute?

b-2. If only Winwood is personally insolvent, how will Hammond's contribution (funds) be disbursed?

c. If only Hammond is personally insolvent, how much money should Anderson receive from the liquidation?

Joe and Sunny intend to enter into a business venture together and decided that an S corporation would be a desirable entity choice for federal income tax purposes. The corporation is named Michigan Inc. (“MII”). For newly established MII, Joe intends to contribute Property A with fair market value (“FMV”) of $800 and basis of $300. Sunny intends to contribute cash of $800. Joe and Sunny are equal owners of MII.

Question:  Assume at the end of Year 1, MII had no operating income/loss. MII would like to distribute cash to Joe and Sunny and distribute Property A only to Joe. Will this arrangement work? Why? If yes, provide Joe’s and Sunny’s basis in MII at the end of Year 1.

1. Suppose a company produces some steel, which it sells to a car company for $5,000. The car company uses the steel to produce a car, which it sells for $15,000. Assuming that the car is a final good, these two transactions together will contribute how much to GDP for the current period?

$5,000

$20,000

$15,000

$10,000

2. Suppose that an Egyptian company opens a factory that produces televisions (with televisions being a final good) located in Spain. Any production that occurs at this factory will contribute to which country's GDP?

Spain.

Neither Egypt nor Spain.

Both Egypt and Spain.

Egypt.

3. Fill in the blank. If a household in a given country imports a good, this _____ that country's GDP.

decreases

has no effect on

increases

1)An inbred strain of rice has a mean yield of 8 g dried rice per plant. A second inbred strain has a mean yield of 32 g. Crossing the two strains produces an F1 that has a mean yield of 20 g. The F2 have a continuous range of yields with most plants around 20 g rice/plant. 4 out of 800 plants are at 8 g rice/plant, and 4 out of 800 at 32 g rice/plant. How many genes contribute to yield variation in rice?

2)Referring to the above problem, how much does each additive allele contribute to yield?

For full credit show your calculations,

Now that operations for outdoor clinics and TEAM events are running smoothly, Suzie thinks of another area for business expansion. She notices that a few clinic participants wear multiuse (MU) watches. Beyond the normal timekeeping features of most watches, MU watches are able to report temperature, altitude, and barometric pressure. MU watches are waterproof, so moisture from kayaking, rain, fishing, or even diving up to 100 feet won’t damage them. Suzie decides to have MU watches available for sale at the start of each clinic. The following transactions relate to purchases and sales of watches during the second half of 2022. All watches are sold for $501 each. Jul. 17 Purchased 51 watches for $7,701 ($151 per watch) on account. Jul. 31 Sold 41 watches for $20,541 cash. Aug. 12 Purchased 41 watches for $6,601 ($161 per watch) cash. Aug. 22 Sold 31 watches for $15,531 on account. Sep. 19 Paid for watches purchased on July 17. Sep. 27 Receive cash of $9,600 for watches sold on account on August 22. Oct. 27 Purchased 81 watches for $13,851 ($171 per watch) cash. Nov. 20 Sold 91 watches for $45,591 cash. Dec. 4 Purchased 102 watches for $18,462 ($181 per watch) on account. Dec. 8 Sold 41 watches for $20,541 on account. Required: 1-a. Calculate sales revenue, cost of goods sold, and ending inventory as of December 31, 2022, assuming Suzie uses FIFO to account for inventory. 1-b. Prepare the gross profit section of a partial income statement for transactions related to MU watches.

Required:

1-a. Calculate sales revenue, cost of goods sold, and ending inventory as of December 31, 2022, assuming Suzie uses FIFO to account for inventory.

1-b. Prepare the gross profit section of a partial income statement for transactions related to MU watches.

A sample of gas in a balloon has an initial temperature of 27 ∘C and a volume of 1290 L . If the temperature changes to 63 ∘C , and there is no change of pressure or amount of gas, what is the new volume, V2, of the gas?

A sample of scores is normally distributed with a mean equal to 27 and a variance equal to 16. What proportion is under 20

Solve

x^3 -3x^2 +27 = 0(mod1125)

A boat leaves the harbor entrance and travels 27 miles in the direction ??? ° ?. The captain then travels for another 16 miles in the direction ??? ° ?, which is the boat’s final position. How far is the harbor entrance from the boat’s final position? What is the bearing of the boat from the harbor entrance? Round your answers to the nearest WHOLE numbers.