Answer:
A) Lose their personal assets as the result of their company's financial problems
Explanation:
One of the main disadvantages of general partnerships is that the partners have unlimited liability for the debts and obligations of the partnership. The partnership ans the partners are not considered separate entities, therefore any remaining debt from the partnership passes to the partners.
<span>The answer is 1.43 % per day.
Calculations:
Formula for simple interest: I=PRT, where I=interest; P= borrowed amount; R=rate of interest in percentage; T=time for repayment
hence; P=$300, I=$60, T=14 days, then R=?
R={(I/PT) *100)}% per day={(60/300*14)*100}=1.43 % per day
interest rate (R) that Fred was charged for the aforementioned loan was 1.43 % per day</span>
Answer:
-7,759.29 dollar
Explanation:
cost of maintenance and operation
initial cost of $5500 x 20%
= 1100 Dollars
salvage value
initial cost of $5500 x 5%
= $275
pw = -5500-1100(p/a,17%,3) +275(p/f,17%,3)
pw = -5500-(1100*2.21) + (275*0.6244)
pw = -5500-2431+17.71
= -7759.29
so pw, that is present worth of new stations using internal MARR of 17% is -7759.29 dollars
Answer:
A direct response sales
Explanation:
From the statement, it can be seen that G bought the life policy alone and made his decision to replace that coverage with a policy that was purchased firsthand through the insurer and delivered. This shows that an agent was not used in the sale or delivery of the policy and hence this depicts a direct response transaction between the insurer and the client G.
The price elasticity of supply is given by a similar formula: If the percentage change in quantity demanded is greater than the percentage change in price, demand is said to be price elastic, or very responsive to price changes.