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
Vesna [10]
3 years ago
10

Which type of company enjoys the benefit of passing along deductions and credits of the company on to partners to file on their

individual tax returns? The credits and deductions of this type of business entity are divided by the percentage of individual interest each partner has in the company.
Business
1 answer:
Oksi-84 [34.3K]3 years ago
3 0

Answer:

The correct answer is Limited Liability Partnerships.

Explanation:

A Limited Liability Company is a type of mercantile company, in which the liability is limited to the capital contributed, and therefore, in the event that debts are incurred, it does not respond with the personal assets of the partners, but to the one contributed in said Limited company. It presents as a capitalist-type society in which capital, which will be divided into social interests, will be integrated by the contributions of all partners, who will not respond personally to social debts.

Social ACTIONS are not equivalent to the actions of corporations, as there are legal obstacles to their transmission. In addition, they do not have a "value" character and cannot be represented by means of securities or account entries, and their transmission by means of the public document that will be registered in the partner register book is mandatory. It will be constituted in a public deed and subsequently in the registration of the commercial register, at which time it acquires legal personality.

You might be interested in
You have recently been made aware that your purchasing department is spending five hours to source and purchase components for y
gulaghasi [49]

Answer:

deluxe line

\

Explanation:

7 0
3 years ago
Donovan manages a warehouse with over 1,000 associates performing a variety of tasks. After walking through the building talking
Vitek1552 [10]

Answer: by instructing his teams to create mission statements with clearly defined goals

Explanation:

These are the options:

A. by dismantling the teams so he can make one goal for the entire facility

B. by instructing his teams to create mission statements with clearly defined goals

C. by making all employees trade jobs for several weeks so they have more in common

D. by increasing the dependence of the teams on each other so all tasks share common goals

E. by giving each worker a set amount of time to find out what their goals should be or face discipline

From the question, we will realize that Donovan learned that just few of the workers in the company share any sense of common goals within teams as there was He notes disparity in what the workers were doing and the goals to be accomplished.

Based on the above scenario, he should instruct his team to create mission statement that has clearly defined goals. The mission statement will show the reason for the existence of the organization, the goal of the organization, the kind of product or service rendered etc. This will help the workers know what is expected from all of them and work towards it.

7 0
3 years ago
Use the following information:Beginning cash balance on March 1, $72,000.Cash receipts from sales, $300,000.Budgeted cash paymen
Lynna [10]

Answer and Explanation:

The preparation of the cash budget for the month of March ended is presented below:      

                                              Cash Budget

Particulars                           Amount  ($)

Opening Cash Balance         72,000

Add: Cash Receipts from Sales 300,000

Total Cash Available           372,000

Less:

Cash Payments  

Purchases                             140,000

Salaries                                    80,000

Cash Expenses                     45,000

Repayment of Bank Loan      20,000

Total Payments                    -285,000

Closing Cash Balance              87,000

We simply deduct the all payments from the total cash available so that the ending balance of cash could come

8 0
3 years ago
Marina and Nolan formed the MN Partnership. Marina contributed $20,000 of cash in exchange for her 50% interest in the partnersh
Natasha_Volkova [10]

Answer:

A) $25,000.

Explanation:

Marina's adjusted basis for her partnership interest at the end of the year = $20,000 (Marina's cash contribution) + $5,000 (Marina's share in the partnership's net taxable income) - $8,000 (distributions received by Marina) + $8,000 (Marina's share in the partnership's recourse liabilities) = $25,000

8 0
3 years ago
(Consider This) If the law of diminishing returns applies to study time:
erma4kov [3.2K]

Answer:

A. the 10thhour of study will likely be less productive than the 3rd.

Explanation:

The law of diminishing returns is a point at which the level of benefits or apprehensions gained is less than the amount of energy or time that is invested.

So at the tenth hour, this law would be setting in, and the effectiveness of each additional unit of time decreases. So this hour will be less productive than the third hour.

7 0
3 years ago
Other questions:
  • Ursula wants to buy a $19,000 used car. She has savings of $2,000 plus an $800 trade-in. She wants her monthly payments to be ab
    5·2 answers
  • Your opening a savings account that earns compound interest which compounding frequency will earn me the most money? A.compoundi
    12·1 answer
  • Alpha Products maintains a capital structure of 40 percent debt and 60 percent common equity. To finance its capital budget for
    14·1 answer
  • A ________ is a formal document that states the goals of the business as well as the intended process for reaching those goals.
    7·1 answer
  • The manufacturing costs of Mocha Industries for three months of the year are as follows: Total Cost Production April $63,100 1,1
    7·1 answer
  • Sunbed Company sells tanning beds that are shipped in large reusable containers. Customers are charged a deposit for each contai
    13·1 answer
  • Explain the importants of marketing segmentation
    14·1 answer
  • Gdp most commonly used measurement
    11·1 answer
  • Zooey is a single mother of two young children whose husband died in a tragic car accident. She earns $20,000 per year working a
    12·1 answer
  • If you put $7000 in a saving account that earns 2% interest for 10 years, how much will you have in
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!