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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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Vsevolod [243]
1850 is the price of the car 7 years ago
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3 years ago
A registered investment company whose share price fluctuates independently of its net asset value is most likely
bazaltina [42]

Answer:

Closed-End Fund

Explanation:

Close-End Funds raise money through an IPO and then its stocks are traded on secondary markets. There are no new issuance of stocks, nor there are repurchases of stocks, therefore, the price of their stocks is determined by the market. That is why their stock price will be based on its net asset value, but it fluctuates and is not dependent on it.

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3 years ago
The expansionary phase of the business cycle is characterized by
Leokris [45]

Answer:

<u>increasing real output and reducing unemployment</u>

Explanation:

The expansionary phase of the cycle is business characterized by the i<em><u>ncreasing real output and reducing unemployment.</u></em>

<em> Business cycle refers to that cycle in which there is increase and decrease or fall and rise of output of goods and services.</em>

<em> Business cycle has main four stages expansion ,peak , contraction and trough.</em>

The main cause of business cycle is the forces of supply and demand , expectation of future and it availability of the capability may also cause the business cycle.

Economic cycle is another name of Business cycle . Business cycle plays a crucial rule in the economy as it influence the demand of the consumer.

4 0
2 years ago
True or false Decentralization refers to the degree to that decision making is concentrated to the top of the organization
MatroZZZ [7]

Decentralization refers to the degree to that decision-making is concentrated to the top of the organization: False.

<h3>What is a decentralized organization?</h3>

In a decentralized organization, the decision-making authority and power isn't concentrated at the top level (echelon) of the organization.

This ultimately implies that, decentralization refers to the degree to that decision-making is concentrated to all the areas of an organization.

Read more on decentralization here: brainly.com/question/23818047

#SPJ1

8 0
2 years ago
Read 2 more answers
It is clear that to produce the maximum material comfort for its citizens, a nation needs to _______.
mariarad [96]

Answer:

(D) Specialize in producing something that it is relatively good at producing.

Explanation:

When a country specialises in production of a good it is relatively good at producing, its citizens will not find it difficult to manufacture the good for local consumption and export.

If the country needs product it is not good at producing it imports it from other countries that have a competitive advantage in producing it.

This will produce maximum material comfort for its citizens.

6 0
3 years ago
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