What are the three rules and their order when determining a partnership tax year?
What will be an ideal response?
First, the partnership tax year will be the majority (own in the aggregate more than 50%) partner's (or partners') tax year. If the first rule is not applicable, then it will be the tax year of all principal partners (5% or more partners). If neither of the preceding rules is applicable, then it will be the tax year that allows the least aggregate deferral.
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In the listening model, interpreting is the act of:
A. filtering out distractions to allow you to comprehend the meaning of sounds. B. using retained and analyzed sounds. C. remembering analyzed sounds for later use. D. analyzing the sounds that you comprehended.
Decentralization refers to companies that have multiple locations.
Answer the following statement true (T) or false (F)
Which of the following statements is true about Facebook?
A. It allows registered users to send out short messages called tweets. B. It uses an algorithm to decide what content is placed in the user's newsfeed. C. It is especially effective among younger adults than older adults. D. It is growing faster than all other social media platforms. E. It provides a free online photo and video sharing service geared to mobile phones.
In applying the variable-growth dividend valuation model to a company's stock, analysts frequently define the growth rate, g, as equal to
A) ROE multiplied by the firm's retention rate. B) ROE divided by the dividend payout ratio. C) the dividend payout ratio multiplied by the firm's retention rate. D) P/E multiplied by the dividend payout ratio.