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Vinil7 [7]
3 years ago
9

Which of the following will not result in the termination and liquidation of a partnership? 1) Partners are incompatible and cho

ose to cease operations. 2) There are excessive losses that are expected to continue. 3) Retirement of a partner.
Business
1 answer:
dedylja [7]3 years ago
4 0

Answer: Retirement of a partner

Explanation:

A partnership is a formal arrangement which is made by two or more parties to operate and manage a business and share its profits. In partnership, two or more people share ownership, and are responsible for managing the company and also the income and losses generated by the business. The income gotten is then paid to the partners.

The reasons for termination of a partnership is incompatibility on the part of partners. When partners are not compatible, they may agree to stop operation. Also, too much losses in the business can lead to the termination of the partnership agreement and stopping the business. Since losses are much, there's no reason for continuation of the business as profit maximization goal can't be achieved.

The retirement of a partner doesn't mean the business should be terminated. The business can still go on even when a partner retires.

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Sales of mobile phones in the United States are still increasing, but the rate of growth has slowed. Sales are expected to peak
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Answer:

maturity

Explanation:

Based on the scenario being described within the question it can be said that the mobile phones are in the maturity stage of the product life cycle. This stage is classified as having past the drastic growth phase in which sales begin to slow down until full maturity is met and sales ultimately begin to die down. Leading to the decline stage.

5 0
3 years ago
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The income received by a country's people from all sources in a given time period
AfilCa [17]

The correct answer is personal income.

A country’s personal income is the amount of income received by all of the country’s people in a given time period.

7 0
3 years ago
Assume a company buys a machine worth $1 million and pays for it by borrowing the funds from a bank. The firm's assets will rise
FinnZ [79.3K]

Answer:

True

Explanation:

When machine is purchased, then the assets increase by the carrying or purchase value of the machine purchased. Here, it is of $1 million.

Further, when it is purchased as against any credit, it creates a liability with the same amount.

Since here also the liability amount = $1 million, it will be recorded with the same.

As there is no involvement of Equity or Retained earnings this do not lay any impact on carrying value of owners equity.

Thus, it is True.

6 0
3 years ago
Cash flows from investing activities include: Multiple Choice Cash outflows from acquiring land. Proceeds from the issuance of c
SOVA2 [1]

Cash flows<em> from investing</em> activities contain the following things and include:

  • Cash outflows from acquiring land

According to the given question, we are asked to state what the cash flow from investing activities contains based on the list of available choices.

As a result of this, we can see that cash flows which are gotten from investing activities includes the cash that has either been made or spent on a fixed asset like land or properties that are expected to generate profit in the future.

Therefore, the correct answer is Cash outflows from acquiring land

Read more cash flows here:

brainly.com/question/735261

4 0
3 years ago
Gary is the marketing manager for an automobile dealership his boss tells him the firm's primary goal is
Eduardwww [97]

Answer:

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It seems that in this scenario the firm is using a sales orientation. This is a business approach that focuses on improving the company's products or services without taking the actual needs of the customers into consideration. In order to make as many sales as possible which ultimately increases the company's market shares.

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3 years ago
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