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quester [9]
2 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]2 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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Damm [24]

Answer:

The Interest Rate and how much you owe.

Explanation:

If you have a rate of 10% a month

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or if you owe $50, then next month you owe $55

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Explain the downside of social media for sports and entertainment marketers
vivado [14]

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2 years ago
A citation identifies the publication in which a legal authority can be found.​
Snezhnost [94]
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5 0
3 years ago
The Wyeth Corporation produces three products, A, B, and C, from a single raw material input. Product A can be sold at the split
Degger [83]

Answer:

It is preferable to further process Product A.

Explanation:

Product should be processed further before sale if the net incremental benefits from further processing is positive.

The net incremental benefits from further processing is increase in revenue when further processed less further costs of processing.

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8 0
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Read 2 more answers
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ch4aika [34]

Answer:

Monitoring and Controlling

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However, from this scenario in which Cheryl is watching the weather forecast for an outdoor senior picnic project, it shows that she is monitoring and trying to control all aspects of the planned picnic project against the risk of bad weather.

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