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MrRissso [65]
4 years ago
11

When Beck joined his uncle's oil exploration company in east Texas, he was given several hundred shares of stock in the firm, an

d was officially made a partner. The firm's accountant explained that the company paid taxes the same way as regular partnerships, by passing the profits through to each partner. Beck could purchase more shares of the company on a public stock exchange, as long as someone was willing to sell his/her shares. This firm was likely a special form of ownership called a __________.a. master limited partnership
b. limited partnership
c. generally acceptable partnership
d. strategic alliance
Business
1 answer:
konstantin123 [22]4 years ago
8 0

Answer:

Master limited partnership.

Explanation:

Master limited partnership is also called publicly traded partnership and is a publicly traded entity that is taxed as a partnership.

There is a combination of tax advantage of a partnership and the ability of the form to get funding by issuing securities.

To get tax benefits the business should generate at least 90% of their profit from qualified processes such as processing, production, storage, transportation, and real property rents.

Beck was given several hundred shares of stock in the firm, and was officially made a partner. The firm's accountant explained that the company paid taxes the same way as regular partnerships, by passing the profits through to each partner. Beck could purchase more shares of the company on a public stock exchange, as long as someone was willing to sell his/her shares.

This is a master limited partnership.

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ABC Bonds are currently priced at $1050 with 8 years until maturity. If the coupon is 6% and the bond pays interest semi-annuall
ohaa [14]

$1,000 is the yield to maturity for an investor that purchases the bond today

<h3>What is bond ?</h3>

A bond is a type of financial security in which the issuer owes the holder a debt and is obligated to repay the principal of the bond as well as interest over a specified period of time, depending on the terms. Interest is usually paid at regular intervals.

Bonds are one way for businesses to raise funds. A bond is a loan made between an investor and a corporation. The investor agrees to give the corporation a specific sum of money for a set period of time. In exchange, the investor receives interest payments on a regular basis.

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4 0
2 years ago
Demand for earbuds is represented by: P = 402 – 2Q The costs are $8 per set of earbuds. In order to stock earbuds, other items w
Mkey [24]

Answer:

Q is 98

Explanation:

Marginal (average) cost (including opportunity cost) = $8 + $2 = $10

Profit is maximized when MR = MC = 10.

P = 402 - 2Q

Total revenue (TR) = P x Q = 402Q - 2Q^2

MR = dTR/dQ = 402 - 4Q

Equating with MC,

402 - 4Q = 10

4Q = 392

Q = 98

7 0
3 years ago
Two corporations both carry on a number of businesses both directly and through various subsidiaries. Each has a subsidiary, Spe
Mice21 [21]

Answer:

a. According to UPA Section 6, a partnership is

“the association of two or more persons to carry on as co-owners a business for profit…whether or not the persons intend to form a partnership.”

b. "Association" means coming together to act as one.

c. Yes.  They qualify as forming an "association."

d. Yes. The situation involved in the case involves "two or more persons."

e. Yes.  The situation in the case involves a business being carried on for profit.

f. When we say the partners must be co-owners, it means that the "two or more persons" are joint owners.  Each partner owns a part of the entity.

g. The four elements of the definition of a partnership are met.  This implies that the two corporations could form a partnership under the UPA or the Revised UPA (RUPA).

Explanation:

The act clearly identified that a partnership must have two or more persons coming together to carry on the business for profit as co-owners.  The implication is that there are four elements that must be met for an entity to be declared a partnership.  They include: "association," "two or more persons," "carry on a business for profits," and "as co-owners."

8 0
3 years ago
Major E. has just opened a cooking school focusing on basic meals for new cooks. Each student pays $15 per class and receives al
Shalnov [3]

Answer:

It will need to collect 800`s $15 class

Assuming 4 clases per month

200 student

Explanation:

Sales \: Revenue - Variable \: Cost = Contribution \: Margin

15 - 6 = <em>9 Contribution Margin</em>

<em />

<em>Fixed Cost</em>

2 employee 2,400

mayor salari 1,800

equipment dep 1,000

utilities 240

Total fixed 5,440

\frac{Fixed\:Cost + Target\: Profit}{Contribution \:Margin \:Ratio} = Sales\: to\: Profit{dollars}

(5,440+1,760)/9 = 800

7 0
4 years ago
As a firm's sales grow, its current assets also tend to increase. For instance, as sales increase, the firm's inventories genera
yanalaym [24]

Answer: True

Explanation:

Current assets are the assets that a company had and which are expected to be either used or sold over the next year. Examples of current assets are cash, cash equivalents, stock inventory, accounts receivable, marketable securities, and other liquid assets.

It should be noted that when the sales of a from continue to grow, the current assets of such company also increases. An example is when there is an increase in the sales increase, this.will also have an impact on the firm's inventories as there will be an increase.

6 0
4 years ago
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