Rocky and Charlie Form RC Partnership as Equal Partners

question 43

Multiple Choice

Rocky and Charlie form RC Partnership as equal partners.Rocky contributes $100,000 into RC while Charlie contributes real estate with a cost and fair market value of $100,000.During the current year,RC earned net income of $600,000.The partnership distributes $200,000 to each partner.The amount that Rocky should report on his individual tax return is

• A)$0.
• B)$100,000.
• C)$200,000.
• D)$300,000.

Identify the components and significance of social perception and its influence on workplace dynamics.

Describe the factors that influence attribution in organizational settings, including the fundamental attribution error and self-serving bias.

Explain the role of empathy in reducing perceptual biases and improving interpersonal relations in organizations.

Comprehend the principles of behavior modification and how it applies to organizational behavior management.

---

Definitions:

Risk-free Asset

An investment that is expected to return its full initial value without any loss, typically government bonds.

Exercise Price

The specified price allowing the bearer of a call option to acquire, or a put option to dispose of, the underlying asset or good.

Strike Price

In options trading, this is the price at which the holder of the option can buy or sell the underlying asset.

Shares

Units of ownership interest in a corporation or financial asset that provide an equal distribution in any profits, if any are declared, in the form of dividends.