Daniel acquires a 30 percent interest in the PPZ Partnership from Paolo, an existing partner, for $45,000 of cash. The PPZ Partnership has borrowed $16,000 of recourse liabilities as of the date Daniel bought the interest. What is Daniel's basis in his partnership interest

According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is

Match each item to check for while reconciling a bank account with the document to which it relates.(there's not just one answer)1. balancing account statement2. balancing check registera. nsf feesb. deposits in transitc. interest earnedd. bank errors

Carey company is borrowing $225,000 for one year at 9.5 percent from second intrastate bank. the bank requires a 15 percent compensating balance. the principal refers to funds the firm can effectively utilize (amount borrowed − compensating balance). a. what is the effective rate of interest? (use a 360-day year. input your answer as a percent rounded to 2 decimal places.) b. what would the effective rate be if carey were required to make 12 equal monthly payments to retire the loan?