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kirill [66]
3 years ago
12

which of the following describes an important difference between general partnership and limited partnerships

Business
2 answers:
dexar [7]3 years ago
8 0
The main difference between a general partnership and a limited partnership is that "<span>A general partnership has unlimited liability for all partners while a limited partnership has limited liability." In addition, the liability of the personal assets in a general partnership is its obligation.</span>
mezya [45]3 years ago
7 0

Answer:

A general partnership has unlimited liability for all partners while a limited partnership has limited liability

Explanation:

Correct on a pex

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The following information is taken from the production budget for the first quarter: Beginning inventory in units 1,200; Sales b
alekssr [168]

Answer:

458,000

Explanation:

Beginning inventory = 1,200 units

Budgeted sales = 456,000 units

Desired ending inventory = 3,200 units

Now,

Production Required is given as:

= ( Budgeted Sales + Ending Inventory Required ) - Beginning Inventory

on substituting the respective values, we get

Production Required = 456,000 + 3,200 - 1,200

or

Production Required = 458000

8 0
4 years ago
The sticky-price theory of the short-run aggregate supply curve says that if the price level rises by 5% while firms were expect
Ne4ueva [31]

Answer:

<u>to keep their prices the same</u>

Explanation:

Remember, having a higher Menu cost implies that such a firm would suffer more if it adjusted its prices.

So the sticky-price theory makes the assumption that a firm that notices an increase in the prices of their products would <em>keep their prices low</em> out of fear that doing so would result in losses for the firm if demand changes negatively.

4 0
3 years ago
Describe a real or made up but realistic example of an emotional consumer motive that you or someone you know has experienced. W
Lynna [10]
There are a lot of reasons in buying a certain a product and sometimes we buy things which are not really necessary. One great example for emotional consumer motive in when we buy food because we need them to survive in this world. 
5 0
4 years ago
Read 2 more answers
Jay owns 100% of Kaye Company. Jay (an individual) is in the 37% tax bracket. Assume that Kaye Company is a corporation and dist
iren [92.7K]

Answer:

$10,000 as qualified dividends

Explanation:

As this is in the form of dividends we assume the business is a corporation therefore their dividends are taxed as well.

As Jay is the sole owner of Kaye Company we have to assume their dividends are qualified as were held during the entire 121-days period

Therefore are subject to his capital gains rate rather than his rate of 37%

<u><em>According to the IRS table for the year 2020:</em></u>

Income Tax Bracket  Income Tax Rate  Capital Gains Rate

$0 – $9,875  10%  0%

$9,876 – $40,000  12%  0%

$40,001 – $40,125  12%  15%

$40,126 – $85,525  22%  15%

....

$518,401+  37%  20%

Thus the $50,000 qualified dividends will be taxes at 20%

50,000 x 20% = 10,000

8 0
3 years ago
Determine which of the following statements is correct regarding the relationship of ending inventory and beginning inventory.
antiseptic1488 [7]

The ending inventory of the previous period is the beginning inventory of the current period.

Beginning inventory is the amount of a product. A commercial enterprise has in stock at the start of an accounting length which includes a month or 12 months. due to the fact each accounting length connects to the subsequent, the beginning inventory of one length will be similar to the ending inventory of the previous.

Beginning inventory, or opening inventory, is your inventory cost at the beginning of an accounting duration. For that reason, finishing inventory, or last inventory is the cost of the stock at the top of an accounting duration.

Ending inventory is the value of goods nevertheless available for sale and held via a business enterprise at the end of an accounting length. The dollar amount of ending stock may be calculated by the usage of multiple valuation techniques.

Learn more about Beginning inventory here: brainly.com/question/24868116

#SPJ4

6 0
2 years ago
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