The owners' equity statement for a partnership is called the

A) partners' proportional statement.
B) partners' capital statement.
C) statement of shareholders' equity.
D) capital and drawing statement.

The Asian Tigers that have graduated from developing economies to industrial market economies include Hong Kong,Singapore,South Korea,and Taiwan.

Appreciation of the Canadian dollar will

A) intensify an existing disequilibrium in Canada's balance of payments.
B) make Canada's exports less expensive and its imports more expensive.
C) make Canada's exports more expensive and its imports less expensive.
D) make Canada's exports and imports both more expensive.

In New York City there are more than 100,000 licensed taxicabs.

The factors that influence how a person perceives another are characteristics of the perceived,the characteristics of the perceiver,and the situation or context within which the perception takes place.

Meredith has a vacation rental house in the Sierra Mountains.During the year,she and her immediate family used the house for 12 days for a personal vacation.Meredith spent two more weekends (4 days in total)repairing the deck.Meredith also rented her house (at fair value)to her brother and his family for 9 days (in addition to her personal use).The house was rented for 180 days.How should the cabin be categorized this year for tax purposes? Explain your answer.