When a partnership is liquidated, the journal entry to pay the claims of creditors would include a debit to:
B.) each individual creditor and a credit to cash.
When you liquidate a partnership, liabilities must be paid off before partner's investments can be returned to them. In this way, all creditors will be satisfied even if the partner's capital experienced a loss.
Answer:
The future economic concerns of other countries will differ from those of the United States, mainly according to the degree of economic development of each nation. Thus, for example, countries like Germany or Canada, which have an economic development similar to that of the United States, will have economic and socioeconomic concerns quite similar to the United States (rational use of natural resources, redistribution of income, efficient allocation of public resources, etc.).
On the other hand, less developed nations such as those of Africa, Haiti or Cuba, for example, will have different concerns, such as guaranteeing access to water, food and sanitation for all their inhabitants, or generating foreign investments that provide jobs for their residents.
Answer:
primary; secondary
Explanation:
The primary market is the market where the securities are to sold for the first and foremost time i.e. initial public offering through investment bank
While on the other hand, the secondary market is the market where the securities are traded by the investors and they deal with the existed securties
So the fill in the banks could be filled with the primary and secondary
Answer:
Total PV= $15,103.49
Explanation:
Giving the following information:
Cf1= 4,500
Cf2= 5,700
Cf3= 8,000
Discount rate= 9%
<u>To calculate the present value, we need to use the following formula on each cash flow:</u>
PV= FV/(1+i)^n
Cf1= 4,500/(1.09)= $4,128.44
Cf2= 5,700/1.09^2= $4,797.58
Cf3= 8,000/1.09^3= $6,177.47
Total PV= $15,103.49
Answer:
The right approach will be "Unit investment funds
".
Explanation:
- Unit investment trusts or funds were already widely recognized as financial services companies alongside mutual funds as well as closed-end funding.
- A unit investment confidence seems to be a US consequence of finance that purchases or retains a collection of shares, including such alternative investments but instead allowing them access as available for purchase products to investment firms.
