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3 years ago

A general partner

Business

1 answer:

Zepler [3.9K]3 years ago

6 0

Answer:

a.has the right to inspect partnership books and records at all reasonable times.

Explanation:

A general partner is that partner that has responsibility for the actions of the business. The action or inaction of a general partner legally binds the business/partnership to other parties.

The general partner is also personally liable for all the business's obligations.

As such, the general partner has the right to inspect partnership books and records at all reasonable times.

The right option is a,

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In 2018, Usher Sports Shop had cash flows from investing activities of ($2,150,000) and cash flows from financing activities of

marissa [1.9K]

Answer:

Usher Sports Shop's cash flow from operations for 2018: $5,414,000

Explanation:

Cash at the end of the year = Cash at the beginning of the year + Cash flows from investing activities + Cash flows from financing activities + Cash flows from operating activities

Therefore:

Cash flows from operating activities = Cash at the beginning of the year + Cash flows from investing activities + Cash flows from financing activities - Cash at the end of the year

Cash flows from investing activities of ($2,150,000) <0 and cash flows from financing activities of ($3,219,000) <0.

Cash flows from operating activities = -$980,000 + $2,150,000 + $3,219,000 + $1,025,000 = $5,414,000

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3 years ago

9) what is one downside of using a savings account instead of a checking 1pc

White raven [17]

Savings account has a limit of 6 withdrawals per month, while checking account does not, is s one downside of using a savings account instead of a checking account.

<h3>What is meant by checking account?</h3>

Checking account is the regular account that facilitates the customer to deposits a withdrawal the money any time with no number of limit.

Checking accounts provides the limitless translation to the customer, and for this use businessman or businesswomen uses this account.

Thus, option B is correct.

For more details about checking account, click here:

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2 years ago

Jacob impresses his friends by stating that he just cast four votes in the election of the board of directors of Epic Electronic

dusya [7]

Options: A. Preferred B. Cumulative preferred C. Registered D. Common.

Answer:D. Common

Explanation: Common stocks are stocks which are sold either through the Stock markets or through public offerings which gives the owner a partial right to the ownership of the firm.

Common stocks owners have certain rights in Organisations which include the RIGHT TO VOTE, THE RIGHT TO ENJOY DIVIDEND etc.

Common stock is the type of stock which the majority of the investors in a corporation own.

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4 years ago

Issues $10,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2018. Interest is paid on June 30 and December 31. The proceed

igomit [66]

Answer:

B. $784,249

Explanation:

The effective interest amortization is an accounting practice used for discounting a bond. This method isused for bonds sold at a discount; the amount of the bond discount is amortised as interest expense over the bond's life

Interest expenses for 6 months from Jan 1st to Jun 30th is $392,083 = $9,802,072* 8%/2

Amortization of Discount is $2,083= $9,802,072* 8%/2 - 10,000,000*7.8%,/2

Carry Amount of Bond on June 30 $9,804,155= bond proceed of $9,802,072 + Amortization of Discount is $2,083

Interest expenses for 6 months from Jul 1st to Dec 31st is $392,166 = Carry amount of Bond $9,804,155 x effective rate 8%/2

Total interest expense will be recognized in 2018 is $784,249 = $392,083 + $392,166

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3 years ago

Which of the following is a potential benefit of inflation?

Alina [70]

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
Among the choices the one that has
potential benefit of inflation is More business profits

When inflation is too high of course, it is not good for the economy or individuals.Inflation will always reduce the value of money, unless interest rates are higher thaninflation. And the higher inflation gets, the less chance there is that savers will see any real return on their money.

3 0

4 years ago

Read 2 more answers