1 a partnershipis taxed the same as a corporationterminates, Ask an Expert

Finance

1. A partnership:

is taxed the same as a corporation.

terminates at the death of any limited partner.

creates an unlimited liability for all general partners for the partnership debts.

has the same ability to raise capital as a corporation does.

allows for easy transfer of interest from one general partner to another.

2. Present Value of an Annuity Due If the present value of an ordinary, 5-year annuity is $6,400 and interest rates are 12 percent, what's the present value of the same annuity due?

$7,168

$8,168

$6,400

$7,400

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92794081

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