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>.
Answer:
The correct answer is (e)
Explanation:
An ethical dilemma is a decision problem where a person has to make a decision which is neither acceptable nor preferable. In the above scenario, Bobs facing ethical dilemma where he has the option to take action against a friend or to avoid it to safe company's image. Both these decisions are unfavourable for bob but he has to make one.
1 euro = 1.13 USD exactly!
Explanation:
a. The computation of the economic order quantity is shown below:
= 130 units
The carrying cost is
= $90 × 20%
= $18
b. Total annual cost is
= $2,323.79
c. The number of orders would be equal to
= Annual demand ÷ economic order quantity
= $300 ÷ 130 units
= 2.31 orders
d, The time between orders is
= 52 weeks ÷ 2.31 orders
= 22.51 weeks