Go to the Buckeye Partners, L.P., website where forms filed with the SEC are available through the Investor Center. Find Buckeyes recent annual financial statements in their 10K report for the partnership. https://www.buckeye.com/InvestorCenter/tabid/84/Default.aspx (Links to an external site.)

This assignment allows the student to make use of the SEC website and, then, the EDGAR system. It also provides a chance to use actual statements created for a partnership rather than those typically produced for a corporation.

Required

Review Buckeyes financial statements as well as the accompanying notes. List and briefly discuss information included for this partnership that would typically not appear in financial statements produced for a corporation. List at least two items and prepare comments what the difference is and why its would be reported in a Partnership and not a corporation , or why it's not reported in a Partnership but is in a Corporation

I will provide the 2 questions, therefore the original questions plus by two questions will be due Sunday April 25

Question # 1

Prepare me a schedule breaking out their Revenues between segments (There should be 4) Show the totals and % of Total for 2018, 2017, and 2016. What Service is the highest earner?

Question # 2

What was their Total Partners Capital balance and distributable cash for 2018, and 2017?