In a Proportionate Liquidating Distribution, Sara Receives a Distribution of $40,000

question 27

Multiple Choice

In a proportionate liquidating distribution, Sara receives a distribution of $40,000 cash, accounts receivable (basis of $0, fair market value of $30,000) , and inventory (basis of $50,000, fair market value of $60,000) . Sara's basis in the entity immediately before the distribution was $120,000. As a result of the distribution, what is Sara's basis in the accounts receivable and inventory, and how much gain or loss does she recognize?

• A) $0 basis in accounts receivable? $50,000 basis in inventory? $30,000 loss.
• B) $0 basis in accounts receivable? $80,000 basis in inventory? $0 gain or loss.
• C) $40,000 basis in accounts receivable? $40,000 basis in inventory? $0 gain or loss.
• D) $30,000 basis in accounts receivable? $50,000 basis in inventory? $30,000 loss.
• E) $30,000 basis in accounts receivable? $60,000 basis in inventory? $10,000 gain.

Discuss the reasons behind the lack of respect between educators and parents, particularly in educational settings.

Comprehend the historical reasons for the establishment of kindergarten in the United States.

List the standards in the "children" focus area of educational quality.

Describe strategies that help bridge the gap between home and early education care.

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Definitions:

Employee Selection Tool

Instruments or methods used by organizations to evaluate and choose the best candidates for a job.

Interview

An interview is a formal meeting in which one or more persons question, consult, or evaluate another person for various purposes, such as job applications, information gathering, or media broadcasting.

Structured Interview

An interview method where each interviewee is asked a uniform set of questions to ensure consistency in how the responses are evaluated.

Behavior-Based

Refers to approaches or interventions grounded in the observation and modification of behavior as the primary method of treating psychological conditions or organizational problems.