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GREYUIT [131]
3 years ago
14

Partnerships operate as both an entity and as a collection of individuals. When it comes to taxes, partnerships are a (an) _____

______ and ___________
Business
1 answer:
Arte-miy333 [17]3 years ago
8 0

Answer:

The correct answers are "collection of individuals " and "pay no income tax".

Explanation:

A partnership itself does not pay income taxes directly. The partnership files an information return that allows it not to pay the income directly. However, while the partnership itself is not taxed on its income, each partner is taxed on his or her share of the partnership's income.

Have a nice day!

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Misk Co. purchased the following securities during 2018 to be classified as held-to-maturity securities, trading securities, or
shtirl [24]

Answer:

C. III only

Explanation:

Option III states An investment in stock that Misk does not intend to sell in the near future. Which of above securities purchased by Misk should be classified as available-for-sale securities?

The choice of this option alone is based on the reasoning that Available for Sale (AFS) Securities are usually presented based on their fair values. As such an increase in investment will be needed when the Fair value exceeds is more than the cost of the securities.

The other effect of the transaction of Misk Co is that it will lead to an increase in other comprehensive income.

4 0
3 years ago
Why should games be forbidden on school property
PIT_PIT [208]

Answer:

Explanation:

Games on school property redirect the attention of the students to the games, instead of learning. They cause further disobedience and will often be snuck out to play during class. The students will be distracted and will not learn anything from the time spent in school.

6 0
3 years ago
"Experience goods" are those which: a. Have performance attributes that are difficult to ascertain at the moment of purchase b.
jek_recluse [69]

Answer:

a. have performance attributes that are difficult to ascertain at the moment of purchase

Explanation:

In case of an experience good, it is difficult to make predictions regarding its price and quality.

The reputation of a seller and word of mouth are the important things that customers can use to make decisions regarding purchasing of the product.

Experience goods are those which have performance attributes that are difficult to ascertain at the moment of purchase

7 0
3 years ago
A cruise ship with a mass of 1.00×107kg strikes a pier at a speed of 0.750 m/s. It comes to rest 6.00 m later, damaging the ship
pickupchik [31]

Answer: The required force = 4.7 x 105 N

Explanation:

Mass of the ship m = 1.00 x 107 Kg

Initial speed u = 0.750 m/s

Final speed v = 0 m/s

Average speed s =( 0.750 + 0) / 2 = 0.375 m/s

Time taken to bring the ship to rest t = \frac{distance}{speed}    

= \frac{6}{0.375}

= 16 s

Average force exerted on the pier F =\frac{m(v - u )}{t}

F  = \frac{1.00 x 107 ( 0 - 0.750 )}{16}

F  = - 4.7 x 105 N

Hence the required force = 4.7 x 105 N

7 0
3 years ago
When a company employs a varied workforce of both men and women, people of many generations, and people from ethnically and raci
exis [7]

Answer:

workplace diversity

Explanation:

In today’s world, gender discrimination is considered unethical and wrong, that has helped females to work equally hard to show their worth. Over the years, females have gradually entered the workplace, such as firms and organizations. Likewise, they have also encouraged them by implementing workplace diversity. It is a phenomenon that allows different genders, race, ethnicity and cultural backgrounds to work together.

4 0
3 years ago
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