A partnership ________. A. Has one owner B. Can issue stock C. Pays taxes on partnership income
Question:
A partnership ________.
A. Has one owner
B. Can issue stock
C. Pays taxes on partnership income
D. Can have more than one general partner
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
A partnership has more than one general par...View the full answer
Answered By
Marvine Ekina
Marvine Ekina
Dedicated and experienced Academic Tutor with a proven track record for helping students to improve their academic performance. Adept at evaluating students and creating learning plans based on their strengths and weaknesses. Bringing forth a devotion to education and helping others to achieve their academic and life goals.
PERSONAL INFORMATION
Address: , ,
Nationality:
Driving License:
Hobbies: reading
SKILLS
????? Problem Solving Skills
????? Predictive Modeling
????? Customer Service Skills
????? Creative Problem Solving Skills
????? Strong Analytical Skills
????? Project Management Skills
????? Multitasking Skills
????? Leadership Skills
????? Curriculum Development
????? Excellent Communication Skills
????? SAT Prep
????? Knowledge of Educational Philosophies
????? Informal and Formal Assessments
0.00
0 Reviews
10+ Question Solved
Related Book For
Principles Of Accounting Volume 1 Financial Accounting
ISBN: 9781593995942
1st Edition
Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax
Question Posted:
Students also viewed these Business questions
-
A partner assigned his partnership interest to a third party. Which statement BESTdescribesthe legal ramifications to the assignee? A. The assignment of the partnership interest does not entitle the...
-
Can a firm have more than one pricing objective? Can it use more than one of the pricing methods discussed in this chapter? Explain.
-
Can a model have more than one dependent variable?
-
In the light of what you know about IHRM, how easy do you think it is to manage a global employer brand? What issues would an IHRM professional expect to have to manage? To answer this, analyse the...
-
Define and briefly describe the differences between the four categories of risk found in an ERM program.
-
Schedule of Cash Collections on Accounts Receivable and Cash Budget Roybal Inc. sells all of its product on account. Roybal has the following accounts receivable payment experience: Percent paid in...
-
Using the second-order Runge-Kutta method, solve the differential equation \(\ddot{x}+1000 x=0\) with the initial conditions \(x_{0}=5\) and \(\dot{x}_{0}=0\). Use \(\Delta t=0.01\).
-
The following information was drawn from the records of Paso & Associates at December 31, 2012. Required Use the preceding information to construct an income statement, statement of changes in...
-
Your organization has created seven NTP servers running in the Azure cloud. You were asked to create a load balancing solution that can handle the incoming requests from the client and can distribute...
-
a. Each of the following figures shows a person (not to scale) located on Earth at either 40?N or 40?S latitude Rank the figures based on how much time the person spends in day period. from most to...
-
On May 1, 2017, BJ and Paige formed a partnership. Each contributed assets with the following agreed-upon valuations. Prepare a separate journal entry to record each partners contributions. Cash...
-
Retained earnings is accurately described by all except which of the following statements? A. Retained earnings is the primary component of a companys earned capital. B. Dividends declared are added...
-
Apply the tax benefit rule to determine the amount of the state income tax refund included in gross income in 2021. a. Myrna and Geoffrey filed a joint tax return in 2020. Their AGI was $85,000, and...
-
Malath Insurance Company agreed with Saudi Re Reinsurance Company to buy a reinsurance program. This program includes ceding 70% of the sum insured in the quota share treaty and the retention limit...
-
explain why Innovative changes to the current employee value proposition and employee lifetime value approaches may lead to higher employee loyalty
-
How would you improve the master baker's productivity? How will you improve the bread factory's productivity?
-
What should salespeople do to improve communication with customers?
-
What leadership style or personality traits do you think best drives strategy and market intel ( knowing your physicians, patients and competitors ) focus? What surprised you about what you learned...
-
The strings of an electric guitar are made of ferromagnetic metal. The pickup consists of two components. A magnet causes the part of the string near it to be magnetized. The vibrations of the string...
-
Which one of the following anhydrous chloride is not obtained on direct heating of its hydrated chloride? (A) BaCl2 (B) CaClz (C) MgCl2 (D) SrCl2
-
Describe the different types of support personnel.
-
Identify several characteristics of effective sales objectives.
-
What major factors should be taken into account when designing the size and shape of a sales territory?
-
KORBIN COMPANY Comparative Income Statements For Years Ended December 31 2021 2020 $ 316,588 2019 $ 219,700 Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total...
-
Following are the capital account balances and profit and loss percentages (indicated parenthetically) for the Alden, Boyd, and Carmel partnership: Alden (40%) Boyd (40%) Carmel (20%) $ 220,000...
-
Required information E3-13 (Algo) Recording and Posting Accrual Basis Journal Entries, and Preparing an Unadjusted Trial Balance and Preliminary Financial Statements [LO 3-2, 3-3, LO 3-4] [The...
Study smarter with the SolutionInn App