Which of the following forms of syndication permit investors to recognize losses?
A)?Partnership
B)?Corporations
C)?REITs
D)?Both a and c
E)?a, b and c
D
Business
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Which of the following describes working capital?
A) Current assets minus merchandise inventory B) Current assets minus current liabilities C) Total debt minus stockholders' equity D) Cost of goods sold divided by average merchandise inventory
Business
A change in depreciation method is accounted for:
A. Retrospectively. B. As a cumulative adjustment to income in the year of change. C. Prospectively, like changes in accounting estimates. D. None of these.
Business