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stepladder [879]
3 years ago
8

In a limited partnership, the general partners should encourage the limited partners to take a more active role in the operation

s of the business. After all, the limited partner has comparable liability in the business, even though he/she may not be a partner for as long a period of time as the general partners.
True or False?
Business
1 answer:
Lemur [1.5K]3 years ago
7 0

Answer: False

Explanation:

A limited partnership is a form business partnership formed by at least one general partner and at least one limited partner(also known as the silent partner).

The general partner is responsible for the supervision of the daily operations in the business and also personally bears the liability of the business: while the limited partner only role in the business is to support the business with capital and shares in the business profit but doesn't personally carry the burden of the business liability.

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Demand is created through meeting customer buying criteria, credit terms, awareness (promotion) and accessibility (distribution)
LenKa [72]

Answer:

hello the Thrift segment customers table is missing hence i will give you a general guideline to the correct answer

answer : Of all the products listed, the product with the highest survey score in the month of December is the most competitive at the end of last year.

Explanation:

The product that was the most competitive at the end of last year is the product with the highest survey score for the month of December. this is because the more competitive a survey score of a product is, it signifies that  more customers are interested in the product and that will make the product very competitive in the open market

7 0
2 years ago
If a firm has a required rate of return equal to the ROE, Group of answer choices the firm can increase market price and P/E by
mario62 [17]

Answer:

the amount of earnings retained by the firm does not affect market price or the P/E

Explanation:

A rate of return refers to the net gain or loss of an investment over a particular time period which is typically a year. It is expressed as a percentage of the investment's initial cost.

The rate of return is referred to as the annual return if the time period is typically a year.

If a firm has a required rate of return equal to the ROE, <u>the amount of earnings retained by the firm does not affect market price or the P/E</u>

8 0
3 years ago
1. Which of the following accounts are NOT likely appear in a job order cost system of a service business
Burka [1]

A <u>finished Goods</u> account would most likely not appear in a job order cost system of a service business.

Finished Goods are products that are at a stage in the manufacturing process that is readily available to consumers. Businesses use formulas to calculate finished goods and products to create inventory percentages that determine the value of the goods sold.

The cost of the finished product includes all costs along the way and includes the three main components used in the production of the goods: direct labor, direct materials, and overhead costs. In addition, storage costs will be incurred when purchasing finished products.

Learn more about  <u>finished Goods </u>here brainly.com/question/13767214

#SPJ4

8 0
1 year ago
All of the following are steps of a financial statement analysis except: Establish objectives of the analysis. Prepare pro forma
Salsk061 [2.6K]

Answer:

<h2>In this case,the answer would be the the last option among the answer list or options given in the question or Develop knowledge of the firm and the quality of management.</h2>

Explanation:

  • The steps of any financial statement analysis involve preparation of pro-forma financial statements which contain the future predictions about the financial situations or the cash flow scenario of any company or business organisation.
  • Another step of the analysis is a thorough industrial analysis in the context of any company or business organisation's particular product or service.This construes a profound and detailed evaluation of the value chain of the concerned product or service manufactured and sold by the company or the organisation.
  • An extremely important step of the financial statement analysis is to identify the primary objectives of such analysis and to which concerned stakeholders or entities it will impact and in what way/s.It also sets the required materials or resources needed for the analysis and predictable amount of time required to conduct the analysis.
  • However,financial statement analysis does not apparently warrants any analysis of the administrative or management qualities of any company or business organisation.It only concerns those activities or operations conducted by the firm or company which eventually directly or indirectly relates to the financial operation and cash flow scenario of the firm or company.
6 0
3 years ago
A company has current assets of $90,000 (of which $40,000 is inventory and prepaid items) and current liabilities of $40,000. Wh
Alja [10]

Answer:

Current ratio = 2.25

Acid test ratio = 1.25

After Taking Loan

Current ratio = 1.64

Acid test ratio = 0.91

Explanation:

Current Ratio is the comparison of company's short term assets and short term liabilities to see if the company is able to pay its short term liabilities.

Current Ratio = Current Assets / Current Liabilities = $90,000 / $40,000 = 2.25 times

The company can pay 2.25 time the current liabilities from its current assets.

Asset test ratio compares company's most short term assets with most short term liabilities to check that if company is able to pay all the immediate liabilities it become due.

Acid Test ratio = ( 90,000 - 40,000 ) / 40,000 = 1.25

After taking the bank loan

Total current Liabilities = $15,000 + 40,000 = $55,000

Current ratio= $90,000 / $55000 = 1.64

Acid test ratio = $50,000 / $55000 = 0.91

6 0
3 years ago
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