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Zigmanuir [339]
4 years ago
15

In a liquidation, a.gains or losses are distributed according to the partnership agreement. b.assets may be sold at amounts that

differ from their original cost. c.the business will not continue. d.All of these choices may occur.
Business
1 answer:
Sergeeva-Olga [200]4 years ago
8 0

Answer:

D

Explanation:

Liquidation is when the business closes down or dissolves which means the business will not continue any further. Firstly all the assets are sold at their market value which differs from the actual cost or the book value and all the liablities are paid for (or compensated for). After paying all the due balances and receiving all receivables the gain or loss is divided amongst the partners according to their partnership agreement which states the profit/loss sharing ratio. in case of no agreement, the profit/loss is shared equally.

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RSB [31]

I think the correct answer to this would be:

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6 0
3 years ago
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wlad13 [49]

Answer:

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Explanation:

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8 0
3 years ago
Which of the following types of insurance do businesses frequently offer as part
aev [14]

Answer:

i think is B correct me if i wrong

8 0
3 years ago
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An investor originally paid $22,000 for a vacant lot twelve years ago. If the investor is able to sell the lot today for $62,000
MArishka [77]

Answer:

b.9%

Explanation:

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r = [2.8182 ^(1/12)] - 1

r = 1.0902 -1

r = 0.0902 or 9%

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