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
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.

You might be interested in
On January 1, 2019, Broker Corp. issued $3,700,000 par value 10%, 12-year bonds which pay interest each December 31. If the mark
victus00 [196]

Answer:

Price = $3,241,718

Explanation:

To calculate issue price of the bonds we first calculate NPV of the bonds after 12 years and Interest payments of the bonds for 12 years.

NPV can be calculated by : Bond value * NPV factor after 12 years

so, Bond Value after 12 years = $3700 000 * 0.2567  = $949,790

We take the market interest rate for this.

Now we calculate Yearly interest payment = 3700000 * 10% = $370,000

we discount it back using annuity for 12 years so, 370000 * 6.1944 = $2,291,000. This is the total interest payments for 12 years in NPV terms.

To calculate issue price simply add Interest payments and Bond NPV value so,

Price  =  2291000 + 949790 = $3,241,718

Hope that helps.

8 0
2 years ago
• What is a “Vocational qualification”? .​
lutik1710 [3]
It’s practical qualifications that basically relate to a specific job or career sector.
5 0
2 years ago
Read 2 more answers
Identify which type of sampling is​ used: random,​ systematic, convenience,​ stratified, or cluster. upper a radio station asks
Gnesinka [82]

Convenience sampling is used, because the population is taken from a sample that easy to reach

4 0
3 years ago
Accounts receivable $29,500
Alecsey [184]

Answer:

Company's current ratio is 2.4

Explanation:

Current ratio = Current assets / Current liability

Current ratio = 46,880/19,500

Current ratio = 2.404 =2.4

<u>WORKINGS</u>

Current assets:

Account Receivable= 29,500

Office supplies 4,800 (Assuming they are stocks of supplies)

Prepaid insurance 4,680

Cash 7,900

Total current assets=46,880

Current liabilities

Account Payable 13,500

Unearned services revenue 6,000

Total current liability= 19,500

6 0
3 years ago
If I buy options contracts for a year out is that profitable instead of day trading/swing trading? Because day trading or swing
mrs_skeptik [129]

Answer:

Active traders often group themselves into two camps: the day traders and the swing traders. Both seek to profit from short-term stock movements (versus long-term investments), but which trading strategy is the better one? Here are the pros and cons of day trading versus swing trading.

8 0
2 years ago
Other questions:
  • Wright Company deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the clos
    14·1 answer
  • A U.S. investor purchased a C$100,000 Canadian dollar CD 6 months ago at an APR of 7 percent. The Canadian spot rate was 1.367 C
    6·1 answer
  • If Robert wishes to cash out his annuity at age 70 after having it for over 40 years, what should he know about prior to doing i
    15·1 answer
  • Perfectly competitive industry X has constant costs and its product is an inferior good. The industry is currently in long-run e
    11·1 answer
  • You are hired as a strategic analyst for a Fortune 500 company. Your first task is to develop a competitive intelligence report
    9·1 answer
  • Kristina has to deliver twenty 100-word marketing "blurbs" by the end of the week. Which of the following aspects of her project
    8·2 answers
  • Quincy lives on pretzels and seafood salads. The price of pretzels is 1 dollar per bag and the price of seafood salads is 2 doll
    7·1 answer
  • Tanner-UNF Corporation acquired as an investment $260 million of 5% bonds, dated July 1, on July 1, 2021. Company management is
    15·1 answer
  • Whats some work values for being a nail tech
    13·1 answer
  • Assuming no safety stock, what is the reorder point (r) given an average daily demand of 50 units, a lead time of 10 days and 62
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!