What are syndication costs, and how are they treated for tax purposes?
What will be an ideal response?
Syndication costs are costs incurred in bringing an investment partnership to market. These costs include brokerage commissions and fees; registration fees; legal and accounting fees for developing the offering document; and printing and distribution costs for the prospectus, placement memoranda, and related documents.?Under § 709, syndication costs cannot be deducted and no amortization is permitted. Upon termination of the partnership, the partners' bases will theoretically still include those costs, so the partner might have a lower gain or a greater loss at that time.
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Only 0.02% of credit card holders of a company report the loss or theft of their credit cards each month. The company has 15,000 credit cards in the city of Memphis. Use the Poisson probability tables to answer the following questions. What is the probability that during the next month in the city of Memphis a.no one reports the loss or theft of his or her credit cards?b.every credit card is lost or stolen?c.six people report the loss or theft of their cards?d.at least nine people report the loss or theft of their cards?e.Determine the expected number of reported lost or stolen credit cards.f.Determine the standard deviation for the number of reported lost or stolen cards.
What will be an ideal response?
Which of the following can end the existence of a corporation?
A) voluntary termination by shareholder B) death of a shareholder C) bankruptcy of a shareholder D) voluntary termination by the corporation's creditors
Which of the following is not a variable of group communication?
A) consensus B) conflict C) creativity D) conformity
After an organization has determined which of the many segmentation variables it will use, the next step in the target market selection process is
A. evaluating each of the relevant market segments. B. selecting the specific target markets. C. reviewing the appropriate marketing strategy. D. analyzing the interaction between segmentation variables. E. developing market segment profiles.