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
nadezda [96]
3 years ago
9

ranite Slab LLC was recently formed with the following members: Capital/ Name Tax Year-End Profits % Nelson Black December 31 22

.0% Brittany Jones December 31 24.0% Lone Pine LLC June 30 4.5% Red Spot Inc. October 31 4.5% Pale Rock Inc. September 30 4.5% Thunder Ridge LLC July 31 4.5% Alpensee LLC March 31 4.5% Lakewood Inc. June 30 4.5% Streamside LLC October 31 4.5% Burnt Fork Inc. October 31 4.5% Snowy Ridge LP June 30 4.5% Whitewater LP October 31 4.5% Straw Hat LLC January 31 4.5% Wildfire Inc. September 30 4.5% What is the required taxable year-end for Granite Slab LLC
Business
1 answer:
tamaranim1 [39]3 years ago
4 0

Answer: December 31

Explanation:

Granite Slab should adopt the year-end of its principal partners.

A principal partner is one who owns 5% or more of a company's stock.

There are therefore two (2) principal partners here: Nelson Black and Brittany Jones as they own 22% and 24% respectively.

Both of these partners have December 31 as their year end so Granite Slab should adopt this date as well.

You might be interested in
Discuss whether an economy's ppc curve is more likely to move inwards or outwards overtime?
Nikolay [14]

For a nation's leaders, this production possibilities frontiers model demonstrates what to produce, how to make it, and for which markets. Examine how changes in the economy affect a nation's production possibilities curve using examples from real-world situations.

<h3>What is Production Possibilities Curve?</h3>

A production possibilities curve depicts all the combinations of ways we can create these two items within the constraints we face, including the scarcity of resources.

Some characteristics of Production Possibilities Curve are-

  • The main premise is that this curve will move in either direction depending on what influences economic output.
  • Any economy's main objective is development, which is achieved by meeting consumer demand for more and more of the products and services being produced.
  • We can produce more as long as everything else stays the same, hence the production possibility curve will move to the right or outward as the economy expands.
  • Of course, the curves would move to the left if the economy had to contract. The output is growing when the curve moves outward or to the right.
  • The output is diminishing when the curve turns inward or to the left.

To know more about Production Possibilities Curve, here

brainly.com/question/2601596

#SPJ4

3 0
2 years ago
An argument in which each step is numbered, premises are stated above the conclusion(s) they are alleged to support, and justifi
Natali5045456 [20]

Answer:

Standardization

Explanation:

Standardization –standard logical reinstatement of argument. The standard logical form of argument is when each phase in the argument is marked in a row, the premises above the conclusions are given and reasons are given for each assertion of the argument

5 0
3 years ago
Which of the following is true of an unbiased estimator value?
Anastaziya [24]

Answer:

The expected value will equal the population's parameter.

Explanation:

An unbiased estimator of a population parameter is defined as an estimator whose expected value is equal to the parameter.

7 0
3 years ago
If a college sets its tuition __________ the equilibrium tuition, then it will have to use some form of nonprice-rationing devic
ValentinkaMS [17]

Answer:

below

Explanation:

<h2><u>Multiple choice </u></h2>

If a college sets its tuition<u> below</u>  the equilibrium tuition, then it will have to use some form of non price-rationing device to determine who will be accepted for admission to the college.

3 0
3 years ago
Why do many entrepreneurs underprice their goods and services, especially when they first get into business?
VMariaS [17]
They are trying to build a customer base. After they get a good number of customers, they can slowly raise prices.
7 0
3 years ago
Other questions:
  • In 2008​, Elizabeth purchased a house for $ 155 comma 000 to use as her personal residence. She paid $ 31 comma 000 and borrowed
    10·1 answer
  • Pasadena Candle Inc. budgeted production of 730,000 candles for the January. Wax is required to produce a candle. Assume 13 ounc
    15·1 answer
  • A given university has an average professor pay of $40,000 a year and an average administrator pay of $45,000 per year. If the r
    15·1 answer
  • Identify a few of the most recent times the Supreme Court was able to have a significant effect on the distribution of power bet
    12·1 answer
  • Under purchasing power parity, the future spot exchange rate is a function of the initial spot rate in equilibrium and a. the in
    14·1 answer
  • A pharmacist stocks only one particular brand of acetaminophen, a popular pain-relief drug. Even if his customers prefer other p
    8·1 answer
  • At January​ 1, 2019, the Accrued Warranty Payable is $ 1 comma 100. During​ 2019, the company recorded Warranty Expense of $ 19
    11·1 answer
  • Once I click the link to go the quiz I have one hour to complete it before I get kicked out of the page. It is due tonight befor
    6·1 answer
  • The likelihood that a decision maker will ever receive a payoff precisely equal to the EMV when making any one decision is: a. L
    8·1 answer
  • How do the entry and exit of firms in a purely competitive industry affect resource flows and long-run profits and losses?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!