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Mila [183]
3 years ago
15

A correct statement concerning a real estate limited partnership is that: (A) The ordinary and necessary expenses of the general

partner(s) in operating the business are completely nondeductible. (B) Management expertise and economic soundness are among the factors that should be considered in evaluating real estate limited partnerships. (C) Hard costs such as those incurred by a partnership in acquiring land are wholly deductible as they occur. (D) A corporation cannot be a general partner since a corporation has limited liability.
Business
1 answer:
Solnce55 [7]3 years ago
7 0

Answer:

(B) Management expertise and economic soundness are among the factors that should be considered in evaluating real estate limited partnerships.

Explanation:

The limited partnership in a real estate allows to have a general partner if there is no conflict of interest, it do not impose any restriction on a corporation having limited liability.

Further all the operating costs are wholly deductible and the costs associated with acquiring land are not deductible.

Management shall be expert in the work they perform also their soundness to business provides extra benefit to real estate business, as it is all about getting maximum contracts.

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Tom [10]

but why not save your points for when you have a question?

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3 years ago
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Answer:

44,780 units

Explanation:

When a company uses the weighted average method in its process costing system, the beginning inventory nor the units transferred in are included in the calculations for equivalent units. Only units transferred out and ending inventory are use to calculate equivalent units:

equivalent units = units transferred out + (ending inventory x % of completion)}

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8 0
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Yanka [14]

Answer:

It increased the depth of their product mix.

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Product width refers to the different types of products offered by the company, e.g. Toyota offers sedans, trucks, SUVs, minivans. In this case, product width is not affected.

6 0
3 years ago
Select the correct answer.
Lapatulllka [165]

Answer:

B. equity financing

Explanation:

Equity financing involves giving up part of the company because it will have to be shared with the partners of the organization who are usually the investors.

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Answer:

15

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