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The XYZ Partnership Reports the Following Operating Results for the Current

question 84

Multiple Choice

The XYZ Partnership reports the following operating results for the current year: The XYZ Partnership reports the following operating results for the current year: Tai has a 20% profits interest and a 25% loss interest in the XYZ Partnership.His distributive share of ordinary income is A) $6,800. B) $8,500. C) $10,000. D) $12,500. Tai has a 20% profits interest and a 25% loss interest in the XYZ Partnership.His distributive share of ordinary income is

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