Solution-What the heck, to be able to add my two cents

What the heck, to be able to add my two cents

Assignment Help Accounting Basics

Reference no: EM13504754

1 I invested $20,000 into this partnership and I've received distributions of $12,000 so my basis is now $8,000, correct?

2 If i'm a limited partner in a limited partnership, is it true I can have no voice in management. That doesn't seem fair. Should I change my status to a general partner. What the heck, to be able to add my two cents, it might be worth it.

Reference no: EM13504754

Questions Cloud

Find the magnetic field strength at the surface of the bilb : Assume that a 90.0 W light bulb radiates all its energy as a single wavelength of visible light. Estimate the magnetic field strength at the surface of the bulb

Explain bishop supply company : Determined that 5 percent of the ending accounts receivable balance would be uncollectible.

Current controversial issue : Select a current controversial issue and determine which side of the issue you will support. The issue can be one of local, national, or international concern, such as but not limited to global climate change, immigration, the economy, and terrori..

What mass of sand can be put on the raft without it sinking : A wooden raft has a mass of 90 kg. When empty it floats in water (density 1000 kg/m3) with 67% of its volume submerged. What mass of sand can be put on the raft without it sinking

What the heck, to be able to add my two cents : 1 I invested $20,000 into this partnership and I've received distributions of $12,000 so my basis is now $8,000, correct?

Compute the titration constant kt of the resulting reaction : 100 mL of 0.150 M acid HA are mixed with 100 mL of 0.0800 M NaOH. Calculate the titration constant, kt, of the resulting reaction. Ka = 1.0 x 10-5

Identify your statuses that operate as a master status : Identify your statuses that operate as a master status. If you have no master status, state what will have to change for you to hold a master status.

Estimate the maximum speed of the object : A 0.59 kg object connected to a light spring with a force constant of 21.2 N/m oscillates on a frictionless horizontal surface. Determine the maximum speed of the object

Evaluate the following statements from an ethical perspectiv : Evaluate the following statements from an ethical perspective

User Account

All Pages

What the heck, to be able to add my two cents

Reference no: EM13504754

Reference no: EM13504754

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT