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quester [9]
3 years ago
10

On June 1, Year 3, Pete, a partner in the Sky Castle partnership, contributed to the partnership some undeveloped land (not inve

ntory), which he had purchased on May 15, Year 1. On September 22, Year 7, Sky Castle distributed the land to Linda, who is also a partner. Linda quickly sold the land within 1 month of receipt. Linda's holding period for the land:______
a. Began May 15, Year 1.
b. Began June 1, Year 3.
c. Began September 22, Year 7.
d. Is short-term because she received the land from a partnership in which she is a partner.
Business
1 answer:
emmainna [20.7K]3 years ago
6 0

Answer:

d. Is short-term because she received the land from a partnership in which she is a partner.

Explanation:

On September 22, Year 7, Sky Castle distributed the land to Linda, who is also a partner.

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The general guideline is that the firm maximizes profit by delivering that amount of yield where negligible income breaks even with peripheral expense. The profit maximization issue can likewise be drawn closer from the information side.

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Give an example of supply and demand currently.
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Your grandparents offer you $500 in one year. Assuming no inflation, if the interest rate is 10%, you areindifferent between the
LUCKY_DIMON [66]

Answer:

PV=454.54

Explanation:

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If the Fed lowers the federal funds​ rate, eventually the A. AD curve shifts​ rightward, increasing real GDP and raising the pri
GenaCL600 [577]

Answer:

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Explanation:

Federal funds rate can be defined as the interest rates bank charge other banks on loans of reserves and it is a monetary policy instrument.

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Scottish Company manufactures a variety of toys and games. John Chisholm, president, is disappointed in the sales of a new board
Schach [20]

Answer:

c. $110,000

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