Compared to a corporation, a partnership is more difficult and expensive to establish.

Financial statements are important for:

Tpy6a [65]

Answer:

its D All the above

That's What I think

Your welcome :)

5 0

3 years ago

According to the tutorial, which is the most significant tax local governments rely on to generate revenue?

kirill115 [55]

I believe it is B property tax

8 0

3 years ago

Millburn Corporation has acquired a property that included both land and a building for $ 510 comma 000. The corporation hired a

Sav [38]

Answer:

cost of land record = $206550

Explanation:

given data

market value of the land = $320000

market value of the building = $470000

acquired both land and building = $510000

to find out

amount should the corporation record the cost of land

solution

first we find market value to total assets that is

market value to total assets = market value of the land + market value of the building ......................1

put here value

market value to total assets = $320000 + $470000

market value to total assets = $790000

and

share of land in the total market that is

share of land in the total market = $\frac{market\ value\ of \ land}{total\ assets \ value}$ .......................2

put here value

share of land in the total market = $\frac{320000}{790000}$

share of land in the total market = 40.50 %

and

cost of land record = share of land in the total market × acquired both land and building .......................3

put here value

cost of land record = $510000 × 40.50%

cost of land record = $206550

8 0

3 years ago

Mark the following statements that are TRUE.

motikmotik

Answer:

a. A counterfeit is an imitation of the genuine money, created with the intent to defraud.

TRUE

U.S. Currency was originally printed on blue paper.

FALSE: THE DOLLAR HAS ALWAYS BEEN GREEN

b. The First bank of the United States was started in 1888.

FALSE: THE (FIRST) BANK OF THE UNITED STATES WAS ESTABLISHED IN 1791

c. The French unit of money is the dollar.

FALSE: THE EURO IS THE OFFICIAL CURRENCY IN FRANCE

d. A euro is the Australian unit of money.

FALSE: EUROS ARE THE OFFICIAL CURRENCY OF THE EUROPEAN UNION.

In 1945 $10,000 bills were discontinued for public use by the Board of Governors of the Federal Reserve System.

TRUE

4 0

3 years ago

Bayard organized, and owns and operates, Cypress Tours in the simplest form of business organization. This is

ratelena [41]

Bayard organized, owns, and operates, Cypress Tours in the simplest form of business organization. This is called sole proprietorship.

<h3>What is a sole proprietorship in business?</h3>

A sole proprietorship is a type of business is can be managed and operated by an individual, or a business corporation. There exist no partners in the business corporation.

Therefore, we can conclude that Bayard who owns and operates Cypress TOurs in the simplest form of the business organization runs a sole proprietorship business and not a partnership, franchise, or corporation.

Learn more about sole proprietorship here:

brainly.com/question/19176489

7 0

2 years ago