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Zinaida [17]
3 years ago
8

When property is contributed to a partnership in exchange for a capital and profits interest, when does the partner's holding pe

riod begin for the partnership interest?
Business
1 answer:
Virty [35]3 years ago
7 0

Well here's what I can tell you,

The day the contributed property was purchased.
The day the partnership interest was acquired.

Either one of these are true which also means they are both true.

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Following a peso appreciation relative to the dollar, which of the following results is expected to occur?
liubo4ka [24]

Answer:

B

Explanation:

A currency appreciates when its value increases.

For example if $1 was exchanged for 50 pesos. After appreciation of the pesos, $1 would buy $25 pesos.

So more $2 would be needed to buy 50 peso after the appreciation when before the appreciation $1 was buying 50 pesos.

As a result Mexican goods would become more expensive to US consumers and the revenue earned by Mexican producers would increase

7 0
3 years ago
The repair order is a legal document and must be signed or verbally agreed to by the customer.
zhenek [66]

A repair order does have to be signed or verbally agreed on by the customer because they are agreeing to pay for the service that is completed by the repair shop. If the customer signs the paperwork agreeing that the work can be completed, they are also agreeing they will pay for the service. The customer will be held responsible of they do not pay.

3 0
3 years ago
In texas, the second 30 days of the legislative session are mainly reserved for
givi [52]

In Texas, the second 30 days of the legislative session are mainly reserved for the committee consideration of the bills and resolutions. Hence, the Texas Constitution limits the duration of each special session to 30 days. Lawmakers may consider only those issues designated by the governor I his call or proclamation to come together in the special session. 

5 0
3 years ago
Angler Manufacturing makes fishing poles and sells them for $30 each. The firm’s variable costs are $12 per unit, and its total
Zigmanuir [339]

Answer:

3,600 units

Explanation:

Given:

Selling price per unit = $30

Variable cost per unit = $12

Contribution per unit = Selling price - variable cost

                                 = 30 - 12

                                 = $18 per unit

Fixed cost = $54,000

Increase in fixed cost this year = 54,000 × 1.2 = $64,800

Break even point in units = Fixed cost / contribution margin

Since only fixed cost increase and selling price and variable cost remain same, contribution margin will be $18 per unit

Break even point in units = 64,800 / 18

                                           = 3,600 units

4 0
3 years ago
Employers bond employees who handle cash receipts because fidelity bonds reduce the possibility of employing dishonest individua
Blizzard [7]
To be honest I think that it is the other way around. Rivalry between employees tend to lead to honesty. But when employees are bonded, dishonesty is an obstacle.
6 0
3 years ago
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