In a limited partnership:
The inactive partner has limited liability for the business's debts
Explanation:
In a general partnership all partners share equal financial responsibility for the firm's decisions.
This means that all partners are supposed to have equal liabilities but hat is not the case for limited ones.
In limited partnerships there is a general partner who owns most of the business and has most of the availability and the limited partner has pooled resources for the business but has very little personal responsibility to it.
This model is usually there when the firm needs some investors and the person running business is usually the owner only.
Answer:
No, There is not maximum profit
Explanation:
C(x) = cx
P(x) = 10x - C(x)
= 10x - cx
= x(10 - c)
if c<10 then:
10 - c >0
m>0 for m = 10 - c
P(x) = mx where .m>0
so this is a straight line with a positive slope, m.
therefore, theres is no maximum profit since as x -> infinity, P(x) = mx -> infinity as well.
Answer:
1. Throughput time.
This is the length of time it takes to transform a raw material into finished goods.
= Inspection time + Process time + Move time + Queue time
= 0.7 + 2.8 + 1.3 + 4.1
= 8.9 days
2. Manufacturing Cycle Efficiency:
= Value added time / Throughput time * 100%
= 2.8 / 8.9 * 100%
= 31%
3. Percentage of time spent on none valuable activities:
= 1 - Manufacturing cycle efficiency
= 1 - 31%
= 69%
4. Delivery Cycle time:
= Wait time + Throughput time
= 16.2 + 8.9
= 25.1 days
5. New MCE.
Queue time is eliminated:
= 8.9 - 4.1
New Throughput time = 4.8 days
MCE = 2.8 / 4.8
= 58%
(a)
the probability that a randomly selected student is male, given that the
student is a nursing major.
total nursing
Majors (male+female)--------98+741=839
<span>Total males nursing Majors ---------------------98</span>
P=98/839=0.1168=11.68%
(b) the
probability that a randomly selected student is a nursing major, given that
the student is male.
total nursing
Majors (male+female)--------98+741=839
<span>Total males --------------------------------------1151</span>
P=98/1151=0.0851=8.51%
Answer:
Ping Pong Ltd
i. No. The bank has not breached its duty of care to its customer, Ping Pong Ltd.
ii. No. The customer, Ping Pong, has not breached its duty of care to its bank.
Explanation:
The breach occurred between Mr. Z. and Ping Pong. Certainly, Mr. Z. breached his professional and fiduciary duty of care to Ping Pong, his employer. By presenting forged documents as evidence of supply transactions, Mr. Z. has fraudulently defrauded his employer to the tune of $6.6 million. It is the responsibility of Ping Pong to recover from Mr. Z. as soon as the fraud is discovered.
