1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anestetic [448]
3 years ago
9

A partner's interest: a. is the same as the partnership property. b. cannot be attached by creditors. c. cannot be transferred.

d. none of the above.
Business
1 answer:
Sati [7]3 years ago
6 0

Answer:

D) none of the above.

Explanation:

Partnership property is owned by all the partners as tenants in the partnership, it is not owned by just one partner.

Each partner's interest in the partnership is defined by their share of the profits and losses of the partnership.

The partnership's assets can be attached by creditors (the partner's interest is part of the partnership's property).

Laws regarding partnerships allow the partner's interest to be transferred, unless the partnership agreement specifically prohibits it.

You might be interested in
Butler Corporation is considering the purchase of new equipment costing $78,000. The projected annual after-tax net income from
True [87]

Answer:

-$7,621

Explanation:

Calculation to determine the net present value of the machine

Using this formula

Net present value of the machine=(Net cash flow *present value of an annuity at 11%)- Amount invested

Let plug in the formula

Net present value of the machine=($2,800+$26000*2.4437)-$78,000

Net present value of the machine=($28,800*2.4437)-78,000

Net present value of the machine=$70,379-$78,000

Net present value of the machine=-$7,621

Therefore the Net present value of the machine is -$7,621

5 0
3 years ago
PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST)
Georgia [21]

Answer:

the answer is C. People who earn a college degree are likely to earn more than those who have a high school education

5 0
3 years ago
Microsoft project is the most widely used project management software today and is an example of a ________ tool.
fomenos
Software documents tools
6 0
3 years ago
Tom strongly believes that raising tax rates for the rich is the only way to steer the economy out of a recession because it is
BabaBlast [244]

The answer to the blank space is a contrast effect. A contrast effect is defined as a psychological bias where individuals are prone to evaluating that a stimulus is more positive because a similar stimulus was previously perceived as negative.

This is what is going on with Tom; despite having been presented information by Sam regarding how low taxes in general creates higher tax revenue, Tom still believes that taxing the rich would generate greater tax revenue to reduce the effect of recession.

4 0
3 years ago
Pencil Corp uses the US dollar as its functional currency. The receivable is not hedged. At December 31, 2020 Pencil has the fol
raketka [301]

Answer:

b. $39,000.

Explanation:

Inventory & Fixed assets will be recognized at historic rate.

Accounts receivable will be recognized at closing rate.

Accounts receivable = FC 30,000 * 0.7

Accounts receivable = $21,000

Inventory = FC 20,000 * 0.6

Inventory = $12,000

Fixed assets = FC 10,000 * 0.6

Fixed assets = $6,000

Total = Accounts receivable + Inventory + Fixed assets

Total = $21,000 + $12,000 + $6,000

Total = $39,000

5 0
3 years ago
Other questions:
  • Jeffreys Company reports depreciation expense of $40,000 for Year 2. Also, equipment costing $240,000 was sold for a $10,000 los
    11·1 answer
  • You have just determined the actual number of workstations that will be used on an assembly line to be 8 using the assembly-line
    13·1 answer
  • Which of these is not a result of regular exercise?
    15·1 answer
  • The local community bus service, which is a monopoly, charges $2.00 for a one-way fare. The city council is thinking of raising
    6·1 answer
  • What is the ability to respond with little penalty in time, cost, or customer value?
    7·1 answer
  • Explain how economists use the measure “gross domestic product”
    14·1 answer
  • Johnson Company uses the allowance method to account for uncollectible accounts receivable. Bad debt expense is established as a
    7·1 answer
  • Last week David spent $12,500 on advertising. This week he plans to spend twice as much. Next week he wants to spend half of wha
    12·1 answer
  • Wang, Inc. borrowed $10,000 from Second National Bank on January 1, 2010. The loan is to be repaid on July 1, 2010, along with i
    7·1 answer
  • Which general staff member directs all responses and tactical actions.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!