1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Maslowich
3 years ago
7

Which of the following could result in the termination and liquidation of a partnership?1) Partners are incompatible and choose

to cease operations.2) There are excessive losses that are expected to continue.3) Retirement of a partner.A. 1 onlyB. 1 and 2 onlyC. 2 and 3 onlyD. 3 onlyE. 1, 2, and 3
Business
1 answer:
Natalka [10]3 years ago
8 0

Answer:

E) 1, 2, and 3

Explanation:

A partnership is a very flexible business which is very easy to set up but has some disadvantages also and they include:

  1. partners have unlimited liability.- if losses are expected to continue, then the partners will probably decide to liquidate the partnership.
  2. risks of disagreements between the partners.- if the partners are incompatible and cannot agree upon the decisions that need to be made, the partnership will probably be liquidated
  3. if the partners decide to leave because they retire then the partnership will probably have to be liquidated unless a new partner replaces the one that leaves or the other partners buy his/her share of the partnership.
You might be interested in
Butler Corporation is considerIng the purchase of new equipment costing $81,000. The projected annual after-tax net income from
Dahasolnce [82]

Answer:

d. $(6,642)

Explanation:

The present value is the sum of after tax cash flows.

Present value can be calculated using a financial calculator

Cash flow in year 0 = $-81,000

Cash flow each year in year 1 to 3 = $27,000 + $2,900 = $29,900

I = 10%

Present value = $(6,642)

To find the PV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

6 0
3 years ago
The unintended consequences of an economic change that are not immediately identifiable but are felt only with time are known in
sineoko [7]

We can actually deduce here that the unintended consequences of an economic change that are not immediately identifiable but are felt only with time are known in economics as: D. Secondary effects.

<h3>What is unintended consequence?</h3>

Unintended consequence, as seen in social sciences are known to be the result or outcome that is gotten from a purposeful action which were not seen coming.

The options that complete the question are:

a. scarcity constraints.

b. marginal effects.

c. opportunity costs.

d. secondary effects

We can actually deduce here that such unintended consequences of an economic change that are not immediately identifiable but are felt only with time are known in economics are known to be secondary effects.

Learn more about unintended consequence on brainly.com/question/17228614

#SPJ1

8 0
1 year ago
A small business decides to upgrade its aging phone system. the business will probably place a straight rebuy order.
natulia [17]
False.
The business wants to upgrade the phone system, not rebuy the same one.
8 0
2 years ago
17. Which of the following is a false statement about the goals of management? A. Management's concern is that a union will crea
love history [14]
I think it's either A) or B) Let me know
6 0
3 years ago
The controller of Sunland Industries has collected the following monthly expense data for use in analyzing the cost behavior of
Anastasy [175]

Answer:

Variable cost per unit= $7.2 per unit

Explanation:

Giving the following information:

Month Total Maintenance Costs Total Machine Hours

January: $2,590 - 330

February: $2,890 - 380

March: $3,490 - 530

April: $4,390 -  660

May: $3,090 - 530

June: $5,470 - 730

To calculate the variable cost under the high-low method, we need to use the following formula:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (5,470 - 2,590) / (730 - 330)

Variable cost per unit= $7.2 per unit

6 0
3 years ago
Other questions:
  • How long does it take to get a suit dry cleaned?
    13·1 answer
  • If Sheridan Company issues 7500 shares of $10 par value common stock for $375000, the account Paid-in Capital in Excess of Par V
    13·1 answer
  • most successful people are foward thinkers who set unrealistic goals so that they work more diligently true or false.
    14·1 answer
  • Last year, Blanda Brothers had positive net cash flow, yet cash on the balance sheet decreased. Which of the following could exp
    5·1 answer
  • 39. Dan is working with a private employment agency to find a job. He signs an agreement to pay $350 to the
    13·1 answer
  • Buying the beneficiary position on a life insurance policy of someone who is dying
    11·1 answer
  • Chester currently has $14,000,000 in cash and management has decided to issue stocks and bonds worth an additional $8,000,000. T
    7·1 answer
  • Wang, Inc. borrowed $10,000 from Second National Bank on January 1, 2010. The loan is to be repaid on July 1, 2010, along with i
    7·1 answer
  • Which part of an insurance application will contain information regarding the cause of death of the applicant's deceased relativ
    12·1 answer
  • How much will a company's net operating income change if it undertakes an advertising campaign given the following data: Cost of
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!