Unlike sole proprietorship and partnerships, the corporation has a life independent of its owners and officers. This statement is true.
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What is Partnership?</h3>
- In a partnership, parties who are referred to as business partners agree to work together to further their shared objectives. Individuals, companies, interest-based organizations, schools, governments, or combinations of these may be the partners in a partnership.
- Organizations may work together to expand their reach and increase the likelihood that each will succeed in reaching their goals.
- A partnership may solely be controlled by a contract, or it may issue and hold stock. Business: Two or more businesses collaborate in a joint venture, a buyer-supplier arrangement, a strategic alliance, or a consortium to: I work on a project (such as an industrial or research project) that would be too difficult or risky for a single entity; and (ii) join forces to have a stronger position on the market.
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A. True. You never know what the smallest detail may have.
Answer:
The M2 for October 2010 is $4.4145 trillion
Explanation:
In this question, we are asked to calculate the value of M2 for the month of October 2010. We use a mathematical approach for this;
Mathematically:
M2 = M1 + Savings deposits + Money market funds + Certificates of deposit + other time deposit
We identify the parameters in the question as follows:
Savings deposit = $989.4 billion
Money Market funds = $1.9423 trillion
Certificates of deposit = $345.6 billion
Other time deposit = $243.8 billion
M1 = $893.4 billion
We thus calculate M2 as = $989.4 billion + $1.9423 trillion + $345.6 billion + $243.8 billion + $893.4 billion = $4.4145 trillion
Answer:
C. retailer
Explanation:
A retailer is a business entity that buys goods from manufacturers or wholesalers and sells them to the end-users. A retailer is, therefore, a middleman who helps customers acquire products from manufacturers.
There are several types of retailers classified according to their size and nature of business. Departmental stores are the largest retailers. They stock a wide range of products from electronics, jewelry, food items, furniture, clothing, to books, all under one roof. Other retailers include supermarkets, drugstores, restaurants, convenience stores, and discount stores.
Retailers make profits by buying goods at a wholesale or factory price and selling them at a higher retail price.
Answer:
Creative Sound Systems should report $15,9 million as net cash flows from financing activities.
Explanation:
Consider only items relating to financing activities.
Cash flow from financing activities
Proceeds from Sale of common stock $41.8 million
Purchased of treasury stock ( $25.9 million)
Net Cash flow from Financing Activities $15,9 million