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Anna11 [10]
3 years ago
6

Which of the following does NOT define the responsibilities of a limited partner? A. No financial investment in the business. B.

No involvement with management decisions. C. No liability for the actions of the general partners. D. No day-to-day involvement in running the business.
Business
1 answer:
aleksandr82 [10.1K]3 years ago
5 0
A limited partner is not responsible for the liability of the general partners, day-to-day involvement of running the business or having a financial investment. Therefore, they are involved with management decisions.
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The shares of preferred stock issued by Saturn Corporation can be exchanged for common stock. However, any dividends in arrears
MArishka [77]

Answer:

a. Convertible, d. Noncumulative

Explanation:

The feature that it can be exchanges for common stock means that the holders of these preferred share have an option to convert their preferential holdings to common stock at and within predetermined period of time.

However since it says " the dividends in arrears are lost", it means that these preferred shares are non-cumulative. As the holder of this type of shares, you have no right to receive past dividends should the company begin to issue preferred dividends again. If the issuing company incurs losses in that year, it can choose to skip paying dividends on these convertible, non-cumulative preferred shares.

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3 years ago
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8 0
3 years ago
Carolina mills purchased $260,000 in supplies this year. the supplies account increased by $11,000 during the year to an ending
USPshnik [31]
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3 years ago
If Helen travels 567 miles in 9 hours, how far does she travel in one hour?
BlackZzzverrR [31]

Answer:

Helen would travel 63 miles in one hour. Also known as -
|| 63 miles per hour ||

Explanation:

In order to find how far she would travel in one hour we first have to see how far she traveled in all. Which would be 567 miles. We know she took 9 hours to travel this far. By dividing 567 miles by 9 hours then we can find out how far she traveled in one hour. So 567/9 = 63.  

Have a good rest of your day. I hope this helps! ^^

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