Access the March 14, 2011, filing of the December 31, 2010, 10-K of America First Tax Exempt

Question:

Access the March 14, 2011, filing of the December 31, 2010, 10-K of America First Tax Exempt Investors LP. This company deals with tax-exempt mortgage revenue bonds that, among other things, finance student housing properties.

1. Locate its December 31, 2010, balance sheet and list the account titles reported in the equity section of the balance sheet.

2. Locate its statement of partners' capital and comprehensive income (loss). How many units of limited partnership (known as "beneficial unit certificate holders") are outstanding at December 31, 2010?

3. What is the partnership's largest asset and its amount at December 31, 2010?

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial... Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...