Jamie purchased a 50% general partnership interest in Partnership M for $40,000 in Year 1. To finance operations, Partnership M entered into a recourse debt agreement for $100,000 of which each partner is personally liable for half. Partnership M also entered into a nonrecourse debt agreement for $22,000, which is secured by partnership equipment. Jamie’s at-risk limitation on losses is:
Answers: 2
Another question on Business
Business, 22.06.2019 06:30
If a team of three workers, each making the u.s. federal minimum wage, produced these 12 rugs, what would the total labor cost be? don't forget that these workers would be working overtime.
Answers: 3
Business, 22.06.2019 07:40
(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?
Answers: 3
Business, 22.06.2019 14:00
Which of the following is not a characteristic of a weak economy? a. a low employment rateb. a high inflation ratec. a decreased gdpd. a high unemployment rate
Answers: 1
Business, 22.06.2019 19:30
Dollar shave club is an ecommerce start-up that delivers razors to its subscribers by mail. by doing this, dollar shave club is using a(n) to disrupt an existing market.a. innovation ecosystem b. architectural innovation c. business model innovation d. incremental innovation
Answers: 2
You know the right answer?
Jamie purchased a 50% general partnership interest in Partnership M for $40,000 in Year 1. To financ...
Questions
History, 07.04.2020 21:21
English, 07.04.2020 21:21
Social Studies, 07.04.2020 21:21
Mathematics, 07.04.2020 21:21
Computers and Technology, 07.04.2020 21:22
