Answer:
a Interest paid to partners based on the amount of invested capital.
Explanation:
A partnership is formed between two parties that agree to go into a venture for mutual gain. The parties share ownership of the business entity and as such are entitled to profit from their equity holdings.
Interest paid based on invested capital is considered a distribution of profit by the business and not an expense. This is similar to sharing profit to shareholders in a company.
Legitimate expenses include: cost of sales, staff cost, administrative costs, advertising costs, and professional expenses like hiring an accountant.
Answer:
<em>b. self-dealing.
</em>
Explanation:
Self-dealing is the behavior of a trustee, solicitor, administrative employee,
or other trustee who comprises of taking advantage of their position in a contract and behaving in their own interests rather than in the interests of trust beneficiaries, corporate investors, or their customers.
Answer:
$1,780,000
Explanation:
The computation of the initial cash flow for this building project is shown below:
= Estimated building cost + appraised cost of the lot
= $1,110,000 + $670,000
= $1,780,000
Simply we added the estimated building cost and the appraised cost of the lot so that the initial cash flow amount can come.
All other information which is given is not relevant. Hence, ignored it
<span>Africa is the country where about 50% of population lives in the lower extreme that is 20% of global income. That is the reason Africa is considered as poorest region in the world. Many factors may be the reason for this poverty level like extreme climate, social security, underdeveloped economy and lack of industrial setup.</span>
