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Dvinal [7]
3 years ago
12

Penguin LLC operates a large apparel store with several employees and substantial debt. Each LLC member is active in the busines

s and receives compensation from the LLC. The LLC invests its excess cash in government and corporate bonds, blue chip stocks, and a global mutual fund. It owns property that is subject to accelerated depreciation. What types of information must Penguin accumulate and report on its Schedule K
Business
1 answer:
Olin [163]3 years ago
3 0

Answer:

Penguin LLC

The types of information  that Penguin LLC must accumulate and report on its Schedule K include information on each partner's income, losses, deductions, credits, dividends received from other investments.  Penguin LLC is expected to submit this schedule with the detailed information as specified while each business partner in Penguin LLC, a partnership or S corporation collaborates the information by filling their own K-1.

Explanation:

The purpose of Schedule K and K-1 is to report each partner's share of the partnership's earnings, losses, deductions, and credits to the US Internal Revenue Service.

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galben [10]

Answer: True

         

Explanation: In simple words, real risk free rate refers to the rate than a borrower can actually get in the market for a specified amount and for a specified period.

Real risk free rate is seen as a measure of how the economy of a country is performing and is calculated by subtracting the inflation rate from the treasury bonds of the govt. which match the durability of the borrower.

   It depicts the actual increase in purchasing power as it deducts the impact of inflation over time. Thus, the given statement is true.

6 0
3 years ago
Briefly explain economics​
Valentin [98]

Answer:

The branch of knowledge concerned with the production, consumption, and transfer of wealth.

Explanation:

Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources. The building blocks of economics are the studies of labor and trade.

7 0
3 years ago
What is unemployment insurance fund
MArishka [77]
Salutations!

What is unemployment insurance fund?

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Hope I helped :D
3 0
3 years ago
During a management meeting, Lester, the CEO of Elite Office Equipment, reminded his management team of where the company wants
REY [17]

Answer: Vision statement

Explanation:

Vision statement is referred to as or known as an organization's road map, which tends to indicate what the organization believes to become and achieve by putting forth a well defined direction and route for the organization's growth. These statements usually undergo the minimal revisions throughout the lifetime of an organization, unlike the operational goals that might be revised on yearly basis.

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GINNY: I think itâs safe to say that, in general, the savings rate of households in todayâs economy is much lower than it really
zhuklara [117]

Answer:

Taxing polluters is one of the best ways to protect the environment

Explanation:

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