Answer:
The day the property was contributed.
Explanation:
A holding period refers to the time period an asset or investment is held by a business or an investor, or the period between when the asset is bought and when it is sold.
The character or type of an asset contributed to a partnership in exchange for a capital and profits interest determines the beginning of the partner’s holding period as follows:
1. If the capital asset or property contributed by the partner has been used in a trade or business just before it is contributed to the partnership, the holding period of the partner for the partnership interest will include the holding period of the capital asset or property contributed.
2. If the capital asset or property contributed by the partner is exchanged for money, capital or other property, the beginning of the holding period of the partner in the day of acquisition of the interest, i.e., the day the property was contributed.
Since the question states that the property is contributed to a partnership in exchange for a capital and profits interest, rule number 2 above therefore applies. That is, the partner’s holding period begin for the partnership interest the day the property was contributed.
Answer:
ur mom
im a free man in a free town in a country and a free world
Answer:
This isnt a ?
Explanation:
but like Once Xavier decides that he would like to tackle his own house construction, he begins to get his plans in order. The lot Xavier purchased many years ago is just perfect for the new, prefabricated house he wants to build for his family. To accomplish this large task, Xavier is going to need to consult with people from all three career clusters that we have considered in this unit—and you’re going to help! This activity will be broken up into two parts, each of which have their own assignment:
Part 1 will ask you to consider aspects of Xavier’s building project and complete math problems that help him make decisions about what to build.
Part 2 will have you take the answers to the math problems you completed in Part 1 and build a Job Board to keep Xavier organized during his construction project.
Let’s walk through this process with Xavier.
Answer:
Outsourcing
Explanation:
Outsourcing is a term often used in business relationships that describes a practice in which companies ensures that best candidates are employed for a particular work often contract job, without getting involved in the process of sourcing and appointing internally. It can be used for various operations such as audition works, procurement, planning strategy, etc.
Hence, in this case, the correct answer is OUTSOURCING
Answer:
Net cash provided by operating activities $3,221,400
Explanation:
The computation of the net cash provided by operating activities using the indirect method is given below
cash provided by operating activities
Net income $2,950,000
Add: depreciation $188,800
Add: decrease in account receivable $413,000
Less: decrease in account payable -$330,400
Net cash provided by operating activities $3,221,400
