Answer:
True
Explanation:
Partnerships are not taxed as individual entities, they work as pass through entities where the partners must report any gains or losses on their personal income filings.
In this case, since Aaron owns 25% of Eagle Company, any loss or gain that Eagle company has will be passed to Aaron in the same percentage. Since Eagle had a $10,000 short term capital loss, $2,500 ($10,000 x 25%) of the loss will pass to Aaron.
Answer: false
Explanation:
Capitalists are the business owner who own the means of production such as factories, tools, and raw material, and who are also entitled to any and all profits. The other, much larger class is composed of labor. Laborers do not own or have any claim or priviledge to the means of production, the finished products they work on, or any of the profits generated from sales of those products. They work only for wages making this kind of system according to Marx an uneven arrangement, capitalists exploit workers. Capitalist do not produce all the wealth and the laborers are exploited
Answer:
Loss of $397,100
Explanation:
The price in future contract is $99.91 per barrel, and actual price is $60.20
The loss per barrel = $99.91 - $60.20 = $39.71
Total loss = 10 contracts * 1000 barrels * loss of $39.71 per barrels =
= 10*1000*$39.71 = $397,100
There must be at least one RBS-certified individual on-site to oversee the alcohol service for non-profit groups that have obtained a temporary daily on-sale license or temporary daily off-sale license for an event. By the day of the event, this designated individual must have received their certification.
What is a nonprofit corporation?
- Any company that has been legally established and is operated solely for charitable or nonprofit purposes is known as a nonprofit corporation.
- A nonprofit corporation may apply for official status as one, may be taxed differently from for-profit businesses, and may be handled differently in other ways depending on the rules of the jurisdiction.
<h3>What kind of events sees the most drinking?</h3>
- On Fridays and Saturdays, the weekly variation in alcohol consumption was at its highest and was especially high on Christmas and New Year's Eve.
- On Christmas and New Year's Eve, on average, more people drank than on other weekends during the sampling period.
Learn more about non-profit here:
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