A Master Limited Partnership (MLP) structure is limited to companies that receive 90% or more of their income from interest, dividends, real estate rents, gain from the sale or disposition of real property, income and gain from commodities or commodity futures, and income and gain from mineral or natural resources activities. True False

Answer:

True

Explanation:

Master limited partnership (MLP) is a publicly traded limited partnership.

MLP is a hybrid of a partnership and a corporation.

There are 2 types of partners in a MLP :

1. General partner : The general partner is engaged in the day to day running of the business. She has an unlimited liability.

2. Limited partner : the limited partner only contributes capital to the business. They are also known as silent partners

MLPs are treated as a limited partnership for tax purposes. A limited partnership has a pass through tax structure. To qualify for this pass through tax structure, MLPs must receive 90% or more of their income from interest, dividends, real estate rents, gain from the sale or disposition of real property, income and gain from commodities or commodity futures, and income and gain from mineral or natural resources activities.

A postretirement asset is computed as the excess of the expected postretirement benefit obligation over the fair value of plan assets. fair value of plan assets over the accumulated postretirement benefit obligation. accumulated postretirement benefit obligation over the fair value of plan assets. accumulated postretirement benefit obligation over the fair value of plan assets, but not vice versa.

One of the four major time value of money terms; the amount to which an individual cash flow or series of cash payments or receipts will grow over a period of time when earning interest at a given rate of interest.

a. True
b. False

On January 1st, 2020, Baker Pump Corporation had 100,000 shares of common stock outstanding. On March 1st the corporation issued 50,000 additional common shares to raise cash. On July 1st, the corporation declared and issued a 4% stock dividend. On October 1st, the corporation purchased on the market 3,000 shares of its own outstanding stock. On November 30th, the corporation issued a 3:1 stock split.
InstructionsCompute the weighted average number of shares to be used in computing earnings per share for 2020.

Please Help!!
1. True or False: A tax lien which is a failure of an individual to pay his or her taxes and it can remain on a credit report for up to 10 years.
2. True or False: Credit utilization is the ratio of an individual's credit balance to their credit card limit.
3. True or false: Chapter 7 bankruptcy is focused more on the restructuring of an individual's finances rather than the elimination of debt altogether.

A bank offers a corporate client a choice between borrowing cash at 11% per annum and borrowing gold at 2% per annum. (If gold is borrowed, interest must be repaid in gold. Thus, 100 ounces borrowed today would require 102 ounces to be repaid in 1 year.) The risk-free interest rate is 9.25% per annum, and storage costs are 0.5% per annum. Discuss whether the rate of interest on the gold loan is too high or too low in relation to the rate of interest on the cash loan. The interest rates on the two loans are expressed with annual compounding. The risk-free interest rate and storage costs are expressed with continuous compounding.

Free Company (lessee) leases a machine from Denner Corp. (lessor) under an agreement which meets the criteria to be a financing lease for Free. The six-year lease requires payments of $136,000 at the beginning of each year. The $136,000 includes $20,000 per year paid to a third party for maintenance, insurance, and taxes The incremental borrowing rate for the lessee is 8%; the lessor's implicit rate is 10% and is known by the lessee. The present value of an annuity due of 1 for six years at 8% is 4.99271. The present value of an annuity due of 1 for six years at 10% is 4.79079. Free should record the Right to Use Asset at:______

a. $579,154.
b. $679,008.
c. $555,732.
d. $651,548.

an installment loan would most likely be issued by which of the following?
A) a bank
B) a car dealer
C) a mortgage broker
D) a furniture store ​

During the first two years, ABC drove the company truck 15,000 and 22,000 miles, respectively, to deliver merchandise to its customers. The company originally purchased the truck for $175,000. If the truck has an estimated life of 10 years or 300,000 miles, with an estimated residual value of $25,000, what amount of depreciation expense should ABC record in the second year using the activity-based method

capital definition. ​

Lumens, Inc. is a lampshade manufacturer who uses a process costing system and calculates per-unit costs using the weighted average method. The following month of August data relates to the first production department (the Canvas Department) of its Golden Shade line of lampshades: How many units were started in the Canvas Department during the month of August

Sheila and her team members have been allocated a new project. As a team leader, which quality should Sheila demonstrate so that her team members are clear on the team goals they need to achieve?
Sheila needs to demonstrate effective
to be able to convey the team goals to her team members.

Album Co. issued 10-year $200,000 debenture bonds on January 2. The bonds pay interest semiannually. Album uses the effective interest method to amortize bond premiums and discounts. The carrying value of the bonds on January 2 was $185,953. A journal entry was recorded for the first interest payment on June 30, debiting interest expense for $13,016 and crediting cash for $12,000. What is the annual stated interest rate for the debenture bonds

Sunland Company uses the periodic inventory system. For the current month, the beginning inventory consisted of 477 units that cost $60 each. During the month, the company made two purchases: 715 units at $63 each and 356 units at $65 each. Sunland Company also sold 1203 units during the month. Using the LIFO method, what is the amount of cost of goods sold for the month

Solver provides sensitivity analysis information on all of the following except the a. range of values for objective function coefficients which do not change optimal solution. b. impact on optimal objective function value of changes in constrained resources. c. amount by which the right hand side of the constraints can change and still the shadow price is accurate. d. impact on right hand sides of changes in constraint coefficients.

define debt economics.​

Lawn Chopper Company sells two types of lawn mowers. The first one is a basic lawn mower, which has variable costs of $50 and sells for $150. The second type is a riding tractor with variable costs of $500 and which sells for $1,500. The company has total fixed costs of $5,000,000. The sales mix for the company is three lawn mowers to one riding tractor. Your manager would like to know how many of each of the product the company must sell to break even.

accrual basis financial statements every June 30 and December 31. On 1/1/2001 the company issued bonds to the public. The bonds are due at the end of 20 years, on 12/31/2020. The face value of the bonds is $100,000 and the annual coupon rate is 12%. Coupon payments are made to the bondholders semi-annually every June 30 and December 31, beginning 6/30/2001. The bonds were issued to yield 10% annual rate. You can use our present value tables presented in class, Tables 2 and 4. What is the book value of Bonds Payable on 1/1/2001

39) Fortune Drilling Company acquires a mineral deposit at a cost of $5,900,000. It incurs additional costs of $600,000 to access the deposit, which is estimated to contain 2,000,000 tons and is expected to take 5 years to extract. What journal entry would be needed to record the expense for the first year assuming 418,000 tons were mined

Which of the following will help you have a good credit score?
OA.
Opening a lot of credit accounts.
B.
Keeping your balance at the maximum available amount of credit.
O C.
Paying off your debt as quickly as possible.
D.
All of the above

A civil engineer who owns his own design/build/operate company purchased a small crane 3 years ago at a cost of $65,000. At that time, it was expected to be used for 10 years and then traded in for its salvage value of $10,000. Due to increased construction activities, the company would prefer to trade for a new, larger crane now, which will cost $80,000. The company estimates that the old crane can be used, if necessary, for another 3 years, at which time it would have a $18,000 estimated market value. Its current market value is estimated to be $31,000, and if it is used for another 3 years, it will have M&O costs (exclusive of operator costs) of $21,000 per year. Determine the values of P, n, S and AOC that should be used for the existing crane in a replacement analysis.

a. The value of P is $_________
b. The value of n is_________
c. The value of S is $__________
d. The AOC value is $ __________per year.

Knight Company reports the following costs and expenses in May.
Factory utilities $17,400 Direct labor $73,700
Depreciation on factory equipment 13,950 Sales salaries 47,100
Depreciation on delivery trucks 4,000 Property taxes on
factory building 2,700
Indirect factory labor 51,200 Repairs to office
equipment 1,500
Indirect materials 80,900 Factory repairs 2,660
Direct materials used 141,700 Advertising 17,100
Factory manager’s salary 8,300 Office supplies
used 3,220
From the information, determine the total amount of:
A) Manufacturing overhead.
B) Product costs.
C) Period costs.

For each of the situations described, determine whether the firms involved are part of a cartel or are simply colluding. a. Landscaping company owners in a county hold an annual meeting at a hotel. There, owners make contact with industry leaders, share cost-saving ideas, and set minimum prices for services in the coming year. Owners who set prices below these minimums are not invited to next year's meeting. Landscaping company owners who attend the meeting have formed a cartel. are engaged in collusion but are not part of a cartel. are acting competitively. b. Most hot dog carts in a city sell hot dogs for $3.00 each. Each stand makes comparable products, but each is independently owned and operated. The marginal cost of selling hot dogs on the street is around $1.00, but owners have maintained the $3.00 price point for several years. The cart owners are not in regular contact. Hot dog vendors in this city O are acting competitively since they cannot change the going price of hot dogs. O are colluding with one another but not as part of a cartel. have formed a cartel. c. Three friends start a bakery in the east side of a city. There is a higher demand for baked goods on the west side of the city, but the bakery's owners refrain from expanding there due the large number of well-established bakeries already there The east side bakery owners are c. Three friends start a bakery in the east side of a city. There is a higher demand for baked goods on the west side of the city, but the bakery's owners refrain from expanding there due the large number of well-established bakeries already there. The east side bakery owners are O colluding with the well-established bakeries on the west side of the city. O acting competitively by avoiding a poor business decision. responding to cartel pressure to stay in their own territory. d. A city has two major nut vending companies. L.M. Nutz operates roasted nut carts on the north side of the city, while Go Go Nuts operates carts on the south side of the city. Both companies operate at high margins and have a robust distribution infrastructure that would allow them to operate city wide, but each company operates exclusively on its end of town. L.M. Nutz and Go Go Nuts O collude with one another to maintain market power in their respective areas are acting competitively, entering the other company's market will likely start an unprofitable price war. have formed a roasted nut cartel.

g 2. Two individuals, Susan and Bill, are involved in a bitter dispute over splitting a small prize of £1000. The prize donator, who acts as an independent arbitrator, rules that if an agreement cannot be reached between the two individuals within two months then they will each receive one third of the prize with the remainder going to charity. They are allowed two chances to settle: Susan can make an offer to Bill immediately which he can either accept or reject. If Bill rejects this offer, he can make an alternative offer to Susan one month from now. Bill is more impatient than Susan and so their monthly discount factors are different, δS for Susan and δB for Bill (0 < δB < δS < 1). (i) Determine the minimum offer Susan can propose now that Bill will certainly accept. 1 (ii) If δS = 9/10 for what range of discount values δB would result in Bill agreeing to accept less than half the prize money immediately? (iii) Given different discount rates δB and δS, what would the outcome be for the infinite horizon game where the alternating offers continue forever?

why is it difficult to visualize a business entity without external users?​

Psychologists have observed that: Multiple Choice once investors have made a loss, they become much more willing to take risks. investors tend to place too much faith in their ability to spot mispriced stocks. when forecasting the future, people tend to place too little weight on recent events. investors like stocks of companies whose names begin with letters that occur early in the alphabet.

An elastic demand indicates that A. quantity demanded does not vary with changes in the price. B. relatively large changes in price are required to obtain a relatively small change in quantity demanded. C. relatively small changes in price are required to obtain a relatively large change in quantity demanded. D. relatively large changes in quantity demanded lead to relatively large changes in price.

he newspaper reported last week that Bennington Enterprises earned $34.03 million this year. The report also stated that the firm’s return on equity is 12 percent. The firm retains 80 percent of its earnings. What is the firm's earnings growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) What will next year's earnings be? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567.)

An asset (not an automobile) put in service in June 2020 has a depreciable basis of $2,065,000, a recovery period of 5 years, and is the only asset placed in service this year. Assuming bonus depreciation is used, a half-year convention, and the expensing election is not made, what is the maximum amount of cost that can be deducted in 2020

Water and air are examples of _____ resources while people are considered to be _____ resources
O natural; human
physical: mental
mental; natural
capital; human

Sally is looking to invest in Agricon Products when its P/E ratio is lower than 15. Each share is currently projected to earn $1.30 this year. Which
of the stock prices listed below would give the P/E ratio she is looking for?
1. $18 a share
II. $19 a share
III. $20 a share
Select the best answer from the choices provided.
А.
I only
В.
III only
Ос.
I and II only
OD. III, and III