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elena-s [515]
3 years ago
14

Which of the following statements about a partnership is true? a. Partners are considered employees of the partnership. b. A par

tnership is a taxpaying entity. c. Partners are taxed on distributions from a partnership. d. Partners are taxed on their allocable share of income whether it is distributed or not.
Business
1 answer:
Ket [755]3 years ago
5 0

Answer:

D. Partners are taxed on their allocable share of income whether it is distributed or not.

Explanation: partnership is a business entity formed by two or more persons bring their resources together to form both the needed capital and other requirement. Both

Partnership and sole proprietorship do not pay tax as a business. But a partner is taxed according to its own allocable share of income wherether it is distributed or not. In partnership their two main class of partners which includes the General partner and the Limited partner.

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Lightning strikes a home and starts a fire that destroys the structure and its contents. The lightning is the?
LenaWriter [7]

Lightning strikes home and starts a fire that destroys the structure and its contents. The lighting is the Proximate cause.

Subrogation is the term that describes most insurance companies' right to sue against a third party who has caused damage to the insured. This is done to recover the amount of damage paid to the insured by the insurance company for the damage.

The replacement cost covers the retail cost of replacing a broken, damaged, or lost item. The advantage here can be seen in the personal computer example. For example, his $1,500 laptop, purchased two years ago, is worth less than it is now brand new.

Umbrella policies are typically sold for minimum coverage of $1 million, but insurers offer these policies in increments of up to $5 million and sometimes in $100 million increments.

Learn more about  Proximate cause here brainly.com/question/14925660

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4 0
1 year ago
Farmers Produce Inc. and Growers Market enter into a contract for the delivery of vegetables. Some of the produce spoils before
Tamiku [17]

Answer:

A. Not fully integrated.

4 0
3 years ago
In economics, we define the "long run" as a. About ten years b. The amount of time it takes for a factory to need new paint c. T
kari74 [83]

Answer:The answer is c

Explanation:

3 0
3 years ago
The premium on a put option on the market index with an exercise price of 1050 is $9.30 when originally purchased. At expiration
lianna [129]

Answer:

The put payoff = $1,072 - $1,050 = $22  per share

Explanation:

The put payoff is simply the difference between the spot price and the exercise price.

To determine the real profit obtained in this transaction we would need to know the investor's return rate. One of the basic pillars in finance it that $1 today is worth more than $1 tomorrow. We need a return rate to adjust the premium paid, for example if the return rate = 6%, then the premium would have been $9.30 x (1 + 6%/12)² = $9.30 x 1.005² = $9.39

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3 years ago
In February, Pedro, the manager of a pool supply and cleaning company, is looking at the upcoming need for more workers to handl
Mademuasel [1]

Planning is the management process that Pedro is using.

Answer: Option A.

<u>Explanation:</u>

Management process is the process that has certain steps and procedures in it that a business organisation needs to follow to achieve the goals of the organisation and for the betterment of the business organisation for which the employers are working.

The various steps and procedures of the management process are planning, organizing, managing, leading, controlling and so on. Planning is the management process in which all the resources needed to achieve the organisational goals are planned and there is proper thinking before acting to achieve the goals.

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3 years ago
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