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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.

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Dreyfus points a gun at Eton, threatening to shoot him if he does not steal from his employer, Freddy’s Gas & Shop store, an
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Answer:

The answer is Duress.

Explanation:

Duress is a term in law used to justify a wrong action but excluding murder cases.

For a defendant to successfully prove he or she acted under duress, the following must be satisfied:

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2. There is a believe that the defendant will be will be hurt

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3 years ago
In a(n) ________, members eliminate internal trade barriers, adopt a common external policy toward nonmembers, and eliminate bar
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Option B, In a(n) , common market members eliminate internal trade barriers, adopt a common external policy toward nonmembers, and eliminate barriers to the movement of the factors of production.

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6 0
1 year ago
when an account holder uses a debit card to pay for a purchase at the point of sale, a. money is immediately taken out of the ch
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<span>c. money is deducted from the balance on the debit card.</span>
7 0
3 years ago
When the price of an inferior good​ falls, the substitution effect leads to​ ________ in the quantity purchased and the income e
hammer [34]
When the price of an inferior good falls, the substitution effect leads to an increase in the quantity purchased and the income effect leads to a decrease in the quantity purchased. 

An inferior good is something consumers would purchase only if they had more income so if the price falls, customers are able to afford to use this product as a substitute to an item of lower price that they currently purchase. 
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3 years ago
A corporation can earn 7.5% if it invests in municipal bonds. The corporation can also earn 8.30% (before-tax) by investing in p
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Answer:

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As we know that

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7.5 = 8.30 ×  [1 - ( 1 - 0.70) × Break even corporate tax ]

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= 0.0964 ÷ 0.30

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Basically we applied the above formula

3 0
3 years ago
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