Answer:
$60 million
Explanation:
The computation of the value of operations after the repurchase is shown below:-
Total corporate value = Value of operation + marketable securities
(5 × $15 million) = Value of operation + $15 million
$75 million = Value of operation + $15 million
Value of operation = $75 million - $15 million
= $60 million
We simply applied the above formula so that the firm's value of operations after the repurchase could come
Answer:
d) All of above
Explanation:
A partnership agreement provides guidelines on how two or more partners will manage their partnership business. It is the contract that dictates each partner's roles, profit and loss sharing formula, and personal liability of each in case of insolvency.
In the absence of a partnership agreement, the law prescribes that partners share profits and losses equally. All partners assume equal rights to responsibilities and liabilities.
Answer:
A. External, internal and interactive marketing
