Answer:
The correct answer is (C) a general and ongoing rise in the average level of prices in an economy.
Explanation:
The definition above, usually applies to inflation only if the rise happens for a certain period of time. In other words, the price does not fluctuate. Though oftentimes we consider inflation as bad, this occurrence brings both positive and negative effects. Negative effects of inflation are seen in the discouragement of savings and investments and goods shortages because people might consider buying products at large quantities due to the price volatility. Positive effects of inflation include the decrease of unemployment.
<span>Subprime lending rates are "worse" than prime lending rates and are commonly offered to people with "poor" credit scores. From the way the sentence is structured, one can infer "sub" from "subprime" means, less than, or second par.</span>
Answer:
b. 3.4 years
Explanation:
The formula to compute the payback period is shown below:
= Initial investment ÷ Net cash flow
where,
Initial investment is $379,000
And, the net cash flow = annual net operating income + depreciation expenses
= $57,000 + $53,000
= $110,000
Now put these values to the above formula
So, the value would equal to
= ($379,000) ÷ ($110,000)
= 3.4 years
Answer:
The day the property was contributed.
Explanation:
A holding period refers to the time period an asset or investment is held by a business or an investor, or the period between when the asset is bought and when it is sold.
The character or type of an asset contributed to a partnership in exchange for a capital and profits interest determines the beginning of the partner’s holding period as follows:
1. If the capital asset or property contributed by the partner has been used in a trade or business just before it is contributed to the partnership, the holding period of the partner for the partnership interest will include the holding period of the capital asset or property contributed.
2. If the capital asset or property contributed by the partner is exchanged for money, capital or other property, the beginning of the holding period of the partner in the day of acquisition of the interest, i.e., the day the property was contributed.
Since the question states that the property is contributed to a partnership in exchange for a capital and profits interest, rule number 2 above therefore applies. That is, the partner’s holding period begin for the partnership interest the day the property was contributed.
<span>Of all the expresions given (B) is the correct answer. So the answer is "let's not repeat our competitor's mistakes". Redundant is a expressions which says it no longer in use or needed. So by the definition of it, the above phrase seems the option.</span>