Answer:
The correct answer is letter "C": The partnership has a limited life.
Explanation:
A partnership is an organization with two or more members running a business. They share the profits in percentage terms in proportion to their partnership value. There are two types of partnerships: general partnerships (<em>unlimited liability</em>) and limited partnerships (<em>liability proportional to the contribution to the partnership</em>).
The partnership dissolves and a new partnership is created when one of the partners is removed, retired or deceased or even when a new partner is introduced. Thus, <em>partnerships have a limited life</em>.
Your answer is D - petroleum.
the area around the Persian Gulf is desert so can't be the water, coal or cattle. But here it can be found large underground reserves of Petroleum.
the right answer is TRUE, i got it wrong for putting it as false
Stock;
coupon
face
bonds;
closing
maturity
Answer:
$25,200
Explanation:
Given that,
Planned sales for the month = $42,000
Planned EOM stock = $60,000
Planned reductions = $4,800
BOM inventory = $72,000
Merchandise commitments for delivery = $9,600
open-to-buy at retail:
= Planned sales for the month + Planned End of Month Inventory - BOM inventory - Planned reductions
= $42,000 + $60,000 - $72,000 - $4,800
= $25,200