Question
The ABC Partnership (a calendar year-end entity) has the following assets and no liabilities: Basis FMV Cash $ 27,000 $ 27,000 Accounts receivable -0- 18,000
The ABC Partnership (a calendar year-end entity) has the following assets and no liabilities:
| Basis | FMV | ||||
| Cash | $ | 27,000 | $ | 27,000 | |
| Accounts receivable | -0- | 18,000 | |||
| Inventory | 103,500 | 121,500 | |||
| Equipment | 270,000 | 337,500 | |||
| Stock investment | 67,500 | 62,500 | |||
| Totals | $ | 468,000 | $ | 566,500 | |
The equipment was purchased for $360,000 and ABC has taken $90,000 of depreciation. The stock was purchased seven years ago. What are ABC's hot assets for purposes of a sale of partnership interest?
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Werte Controlling Zur Ber Cksichtigung Von Wertvorstellungen In Unternehmensentscheidungen
Authors: Bernhard Hirsch
2002nd Edition
3824476568, 978-3824476565
