Osha, a cash basis calendar-year partnership, began business on april 1, 20x5. osha incurred and paid the following during 20x5: legal work associated with formation of the partnership $15,260accounting work associated with raising additional capital 10,000what is the maximum amount of deductible organizational costs on osha's 20x5 partnership return? a. $5,000b. $5,513c. $5,684d. $6,013

Casey communications recently issued new common stock and used the proceeds to pay off some of its short-term notes payable. this action had no effect on the company's total assets or operating income. which of the following effects would occur as a result of this action? a. the company's current ratio increased.b. the company's times interest earned ratio decreased.c. the company's basic earning power ratio increased.d. the company's equity multiplier increased.e. the company's debt ratio increased.