Answer:
Calvin would have a long-term capital gain of $1000.
Explanation:
Calvin's contributions towards partnership is as below
Beg $43,000
2010 income $22,000
2011 income $25,000
2010 income $12,000
Total contribution $102,000
Total amount Calvin realized by selling his partnership interest = $103,000.
Therefore, Calvin would have a long-term capital gain of $1000 (amount Calvin realized - Calvin's contributions = $103,000 - $102,000).
"A high-risk loan is a financing or credit product that is considered more likely to default, compared to other, more conventional loans."
I hope this helps ^-^
Answer:
D) democratic
Explanation:
A democratic leadership style is a type of leadership where a leader asks for the inputs of emoloyees in making decisions and the final decision made by the leader is based on the inputs of members.
Jared's boss allows his staff to give inputs but he makes the ultimate decision .
In an autocratic leadership style, the leader doesn't take any input from employees when making decisions.
Laissez faire is a type of leadership style where employees are given a free rein in the company.
Answer:
A
Explanation:
Economic risk is the risk that macroeconomic conditions would affect the value of investment .
Examples of economic risks are Recession and inflation
