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Mila [183]
4 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]4 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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Today, you invest a lump sum amount in an equity fund that provides an 8% annual return. You would like to have $11,700 in 6 yea
V125BC [204]

Answer:

$7,372.99

Explanation:

Discounting is the method used to determine the present worth of a future amount which compounding is used to determine the future worth of a present amount. The relationship between both is such that;

Fv = Pv(1 + r)^n

where

Fv = future amount

Pv = present amount

r = interest rate and

n = time

The future amount = $11,700

time = 6 years

rate = 8%

$11,700 = Pv(1 + 0.08)^6

Pv = $11,700(1 + 0.08)^-6

Pv = $7,372.99

You need to deposit $7,372.99 today to reach your $11,700 goal in 6 years.

8 0
4 years ago
the sle for more than the orginal cost basis before deprecaiation of machinery is used in trade or business chegg
Daniel [21]

The sale for more than the original cost basis before depreciation of machinery is used in trade or business is  Section 1245 and Section 1231.

A business is described as an organization or enterprising entity engaged in commercial, commercial, or professional activities. groups can be for-earnings entities or non-profit companies. Enterprise sorts range from confined liability groups to sole proprietorships, organizations, and partnerships.

A business case describes the purpose, or reason, that an enterprise became to start with the base. It describes what makes an enterprise-specific, in addition to what the commercial enterprise plans to do. A business case isn't a venture or price statement and is plenty shorter than both.

The definition of business is an occupation or change and the purchase and sale of services or products to make a profit. An instance of commercial enterprise is farming. An instance of business is a house sale.

Learn more about business here brainly.com/question/24448358

#SPJ4

7 0
2 years ago
There is often only one major league baseball team in a city. What is the consequence of this in terms of ticket prices? a. Tick
Papessa [141]

Answer:

b. Ticket prices will be higher because each team is a monopoly in the city. 

Explanation:

A monopoly is when there is only one firm operating in an industry. Monopoly usually have market power. They have the ability to set market prices. They usually earn economic profit in the long and short run.

Monopolies are not faced with any competition because they are the only firms operating in an industry.

Because there are usually only one major league in each town, the teams are monopolies, they have the ability to set high prices and do not face competition.

I hope my answer helps you

8 0
4 years ago
Greenville Cabinets received a contract to produce speaker cabinets for a major speaker manufacturer. The contract calls for the
Julli [10]

Answer:

For regular time manufacture :

Bookshelf month 1 = 3000

Month 2 = 2100

Floor. month 1 = 1500

Month 2 = 2040

For overtime manufacture:

Bookshelf month 1 = 0

Month 2 = 0

Floor. Month 1 = 900

Month 2 = 1460

For explanation see the picture attached

5 0
4 years ago
Companies whose stocks are listed on the NASDAQ stock exchange have their company name represented by either four or five letter
serious [3.7K]

Answer:

12,338,352 companies

Explanation:

If the companies' names can have either 4 or 5 letters, and teh letters can repeat themselves, then the total number of companies that can be listed on NASDAQ is:

4 letter names = 26 x 26 x 26 x 26 = 26⁴ = 456,976

5 letter names = 26 x 26 x 26 x 26 x 26 = 26⁵ = 11,881,376‬

total number of companies listed = 456,976 + 11,881,376‬ = 12,338,352

7 0
3 years ago
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