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Vesnalui [34]
3 years ago
5

A client is interested in becoming a limited partner of a DPP (direct participation program). He signs a subscription agreement

for the DPP. This would indicate all of the following EXCEPT:
(A) He has provided verification in relation to his net worth
(B) He has agreed to provide the general partner of the DPP with a power of attorney in relation to matters of the DPP
(C) He has indicated agreement in relation to subscription to the DPP offering
(D) He has become a limited partner and received approval as such.
Business
1 answer:
maw [93]3 years ago
7 0
The Correct answer is B
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The budgeted finished goods inventory and cost of goods sold for a manufacturing company for the year 2012 are as follows: janua
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The answer is $2,435,000
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4 years ago
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A company makes $1 million in after-tax profits for the year. It spends the entire amount on new equipment. Which of the followi
tiny-mole [99]

Answer:

c. Its book value at the end of the year is $1 million greater than that of one year before.

Explanation:

When the entire retained earnings of $1 million are spent on buying the equipment, then company's assets will rise by $1 million and similarly, its equity will also rise by $1 million. So, Company' s book value at the end of the year will be $1 million greater than that of one year before.

8 0
3 years ago
Antonio just graduated from college and is now in the market for a new car. He has saved up $4,000 for a down payment. He's deci
lozanna [386]

Answer:

Antonio writes a check for $4,000: Medium of exchange;

Antonio can easily determine that the price of the super is more than the price of the Duper: Unit of account

Antonio has saved $4,000 in his checking account: store of value

Explanation:

* Antonio writes a check for $4,000: as he writes the check to car dealer, money in this situation is acted like a medium of exchange, that is, an intermediate instrument that helps to facilitate the transaction between Antonio and car dealer.

* Antonio can easily determine that the price of the Super is more than the price of the Duper: In this situation, money works as a unit of account. As Super takes him more money to own than the Duper, thanks to the money price tag Antonio easily identifies that the Super is more expensive than the Duper.

* Antonio has saved $4,000 in his checking account:: the $4,000 is the amount of purchasing power'value Antonio has had, yet not used; which has been stored in the form of monetary value. So, under this circumstances, money is played a role as store of value.

6 0
3 years ago
At work, Clarissa often takes on the extra duties of ordering all the food and drinks for any celebrations of work anniversaries
tangare [24]

Answer:

The correct answer is B) motherhood.

Explanation:

In the United States, the ILO, through the 1919 maternity agreement, establishes the protection of pregnant and postpartum workers, including the right to a minimum 12-week leave.

The policies and practices of motherhood in a company must be applied in the same conditions or in a similar way to people who have some type of limitation or temporary incapacity for work.

7 0
3 years ago
The expected average rate of return for a proposed investment of $5,490,000 in a fixed asset, using straight-line depreciation,
Taya2010 [7]

Answer:

10%

Explanation:

Since there is no residual value, the full amount invested should be used to calculate the average rate of return. The average rate of return is determined as the average income divided by the invested amount.

If the total income was $10,980,000 over 20 years, the average income is:

I_{avg} =\frac{\$10,980,000}{20}=\$549,000

If the invested amount was $5,490,000, the average rate of return is:

r_{avg} = \frac{\$549,000}{\$5,490,000}=0.10 = 10\%

3 0
3 years ago
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