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noname [10]
2 years ago
12

What is unlimited liability?

Business
1 answer:
Vladimir [108]2 years ago
6 0
Unlimited liability<span> refers to the legal obligations general partners and sole proprietors because they are </span>liable<span> for all business debts if the business can't pay its </span>liabilities<span>.</span>
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Which facility has enabled rural hospitals to have increased access to specialist consultations?
pantera1 [17]

Answer:

<em>Telemedicine</em>

Explanation:

Distributing health related information and services via telecommunication technologies and electronic information is called telemedicine. The contact between patient and clinician is long distance.

The clinician used electronic means such as computers to intervene, monitor and educate the patient. Livongo health and Teladoc are two famous tele medicine companies.In US telemedicine has successfully reduced the healthcare costs and improved the patient access to medical care. According to a study 61 percent of healthcare institutions in US use tele medicine.

4 0
3 years ago
On January​ 1, 2019, Commercial Equipment Sales issued $ 29 comma 000 in bonds for $ 21 comma 700. These are sixminusyear bonds
maxonik [38]

Answer:

$2,058.33

Explanation:

bond's face value = $29,000

bond's market value = $21,700

interest rate = 10%

n = 6 x 2 coupons = 12

discount on bonds payable = $29,000 - $21,700 = $7,300

discount amortized per coupon payment = $7,300 / 12 = $608.33

total interest expense = ($29,000 x 10% x 1/2) + $608.33 = $1,450 + $608.33 = $2,058.33

the journal entry to record the coupon payment in June 30,2019:

Dr Interest expense 2,058.33

    Cr Cash 1,450

    Cr Discount on bonds payable 608.33

8 0
3 years ago
Technology often offers the potential of improving efficiency and effectiveness of trans-portation companies, but water carriers
mestny [16]

Answer:

Water freight is a very important method of transportation and is the second cheapest (railroad is the cheapest). Huge volumes can be shipped at relatively low prices which is extremely important for raw materials and commodities.

The problem with water freight is that it is relatively slow though. Another problem that water freight faces is that it is cheap for medium and long distances, but uneconomical for short ones.

A great impediment for the technological progress of water freight is that most ports are obsolete and have not been updated in many years. Updating them is very expensive and many of them are public ports which doesn't help either.

Most new carrier ships (which are very high tech) are probably too big to fit into most US ports, so even if a carrier company invests huge amounts of money in them, where will they them? Technological progress must start with the ports, then water carriers should improve.

Another problem is that regulation is very loose in the US, especially regarding maritime ports.

5 0
2 years ago
The Azuza Company owns no plant assets and had the following income statement for the year:
Nutka1998 [239]

Answer:Please see answer below

Explanation:

Solving

Net income= $16,000

Change in asset and liabilities

Accounts receivable Increased $67,000- $59,000 =- -8000

Inventory Decreased 62,000- 86,000=24,000

Prepaid rent --Increased 9,000- 7,000 = -2000

Accounts payable ---decreased 22,000 -30,000 = -8000

Wages payable ----Increased 9,000- 7,000=2000

Net cash provided by operating activity.=24,000+ 2000-(8000+2000+8000)

= $24,000

Net income= $16,000

Change in asset and liabilities

Accounts receivable--Increase -$8,000

Inventory--Decreased-- $24,000

Prepaid rent --Increased -$2,000

Accounts payable ---decreased-$8,000

Wages payable ----Increased $2,000

Net cash provided by operating activities,= $24,000

6 0
3 years ago
If you visit a Kentucky Fried Chicken restaurant in China, along with KFC's regular menu items, you will find congee, a rice por
Vitek1552 [10]

Answer:

C. Sell a product similar to that sold in the home country, but include minor adaptations.

Explanation:

Selling the regular menu along with dishes from the host country is an example of the strategy of selling a product similar to that sold in the home country, but include minor adaptations. This is an strategy that companies tend to use when going to other markets, because there are differences among them that include customs and culture, that can affect the way in which a product is perceived by people. In the food sector, these differences have a big impact as the food people eat in each country can be very different. So, when entering a new market, offering the regular menu the company has with dishes that are native to the home country can help to succeed in that specific market.

5 0
3 years ago
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