1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Varvara68 [4.7K]
3 years ago
5

A partnership's allocations of income and deductions to the partners are required to be proportionate to the partners' percentag

e ownership of partnership profits in order to meet the substantial economic effect tests.1. True
2. False
Business
1 answer:
olga_2 [115]3 years ago
6 0

Answer:

A partnership's allocations of income and deductions to the partners are required to be proportionate to the partners' percentage ownership of partnership profits in order to meet the substantial economic effect tests.

True

Explanation:

Equity and equality must be put in place as a yardstick to allocate such which would bring a common ground for both parties.

You might be interested in
Which is not a good financial decision? building a savings account and taking out fewer and smaller loans in the future making m
nirvana33 [79]

Answer: frequently spending more money than is earned

Explanation:

7 0
2 years ago
Read 2 more answers
The total book value of WTC’s equity is $13 million, and book value per share is $20. The stock has a market-to-book ratio of 1.
lisabon 2012 [21]

Answer:

5.38 %

Explanation:

WACC = Cost of Equity x Weight of Equity + Cost of Debt x Weight of Debt

where,

Cost of Equity = 9.00 % (given)

After tax Cost of Debt = 6% x (1 - 0.21) = 4.74 %

Market Value of Equity = 1/5 x $13 million = $2.6 million

Weight of Equity = $2.6 million / $11.6 million = 0.22

Weight of Debt = $9 million / $11.6 million = 0.76

therefore,

WACC =  9.00 % x 0.22 + 4.74 % x 0.76

           = 5.38 %

thus

the company’s WACC is 5.38 %

5 0
3 years ago
What is the effect of KFC in the economy of the world?​
Ludmilka [50]

Answer:

There are many effects. They equate for a large portion in the fast food industry

Explanation:

8 0
3 years ago
BigBox and CheapStore are the only two firms in a market. Each firm must decide whether to price high or price low. The payoffs
Papessa [141]

I would need to see the chart but if BigBox has more, it would be they are the dominant, and same for CheapStore. basically, whoever has more revenue (money production) will have the dominant strategy.

8 0
2 years ago
Having done "21 for 21" shots, deanna barely remembers her 21st birthday. that is, her _____ memory is sketchy.
zysi [14]
The answer to this question is episodic memory
episodic memory refers to the recollection of personal experience that cames in the form of small fragment.
Alcool hevily affect our brain capability to form memory and it is normal for people who drank that amount of alcohol to experience memory loss/hindered upon the period leading to the drunk effect
8 0
3 years ago
Other questions:
  • Raymond Financing leases airplanes to airline companies. Raymond has just signed a 20-year lease agreement that requires annual
    12·1 answer
  • Simon Company's year-end balance sheets follow. At December 31 Current Yr 1 Yr Ago 2 Yrs Ago Assets Cash $ 33,817 $ 40,739 $ 42,
    8·1 answer
  • Political behavior within an organization may include all of the following EXCEPT ________________.
    14·1 answer
  • Zenon Inc. has the following taxable income: U.S. source income $ 1,900,000 Foreign source income 240,000 Taxable income $ 2,140
    7·1 answer
  • An important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be ear
    10·1 answer
  • Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant ra
    7·1 answer
  • Land, a building and equipment are acquired for a lump sum of $1,000,000. The market values of the land, building and equipment
    15·1 answer
  • Assume that a speculator purchases a put option on British pounds (with a strike price of $1.50) for $0.05 per unit. A pound opt
    10·1 answer
  • Sifa Company is selling for Shs60.00 per share today. In one year, Sifa Company will be selling for Shs58.00 per share, and the
    6·1 answer
  • Under normal conditions, air management increases your work time, but if you are lost or trapped, it:_______
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!