The Green Carpet has current liabilities of $72,100 and accounts receivable of $107,800. The firm has total assets of $443,500 and need fixed assets of $323,700. The owners' equity has a book value of $191,400. What is the amount of the net working capital?

At the beginning of the year, Heather's "tax basis" capital account balance in the HEP Partnership was $85,000 . During the tax year, Heather contributed property with a basis of $6,000 and a fair market value of $10,000 . Her share of the partnership's ordinary income and separately stated income and deduction items was $40,000 . At the end of the year, the partnership distributed $15,000 of

cash to Heather. In addition, the partnership allocated $12,000 of recourse debt and $10,000 of nonrecourse debt to Heather. What is Heather's ending capital account balance determined using the "tax basis" method? a. $116,000 b. $120,000 c. $126,000 d. $128,000 e. $138,000

The first step in retirement planning is to identify retirement goals

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