This year, HPLC, LLC, was formed by H Inc., P Inc., L Inc., and C Inc. Each member had an equal share in the LLC's capital. H Inc., P Inc., and L Inc. each had a 30 percent profits interest in the LLC, with C Inc. having a 10 percent profits interest. The members had the following tax year-ends: H Inc. [1/31], P Inc. [5/31], L Inc. [7/31], and C Inc. [10/31]. What tax year-end must the LLC use?
A. 7/31.
B. 5/31.
C. 1/31.
D. 10/31.
Answer: B
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According to the text, samples drawn randomly from different populations are termed ________
A) dependent samples B) parallel samples C) exclusive samples D) independent samples E) divergent samples
Which of the following reasons makes competencies a risky foundation for a pay system?
A. Lack of motivation and objectivity B. The number of stakeholders and the lack of a global standard C. Openness and nonquantifiable nature D. Vagueness and subjectivity
Sherman dies without a will, survived by his granddaughter Roxy and Roxy's brother Pio. Roxy and Pio are Sherman's
A. collateral heirs. B. settlors. C. trustees. D. lineal descendants.
The risk-free rate is 6%; Stock A has a beta of 1.0; Stock B has a beta of 2.0; and the market risk premium, rM - rRF, is positive. Which of the following statements is CORRECT?
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