Answer:
All partners are limited from personal liability in certain situations.
Explanation:
Limited partnerships and limited liability partnerships offer some of their owners limited personal liability for business debts. One partner is considered a general partner. The general partner makes decisions and has increased liability.
Answer:
The answer is 9.18 percent.
Explanation:
Return on equity = Net income(profit) / Total equity.
We need to find net profit and equity.
1. To find net income:
Profit margin = profit/sales
So profit = 0.05 x $3,900
= $195
2. To find asset:
Total debt ratio = total debt(liabilities)/ assets
Total debt = 0.41 x $3,600
Total debt(liabilities) = $1,476
Equity = Assets - liabilities
$3,600 - $1,476
= $2,124.
Therefore, return on equity is:
$195 /$2,124
0.0918
Expressed as a percentage
9.18 percent.
Explanation:
हिन्दी में सुनें
Listen in English
A deduction from adjusted gross income for yourself, your spouse, and qualified dependents is: an exemption. The Form 1040 is most helpful to a person who: itemizes deductions
Answer: Cost of Gods Sold
Explanation:
The Cost of Goods sold in the income statement is calculated thus;
= Opening inventory + Purchases - Closing stock
Looking at the formula above, one can see that closing stock reduces the Cost of Goods sold. If inventory is therefore overstated, it would reduce Cost of Goods sold more than it should which would result in the Cost of Goods sold being understated.
Answer:
4.23%
Explanation:
For computing the rate of return on the fund, we need to do following calculations
1. The fund after deducting the front-end load is
= $21,600 - $21,600 × 4%
= $21,600 - $864
= $20,736
2. Now number of bought is
= $20,736 ÷ $18 per share
= $1,152
3. The closed NAV is
= $18 + $18 × 10%
= $18 + $.8
= $19.8
4. So, the end year asset value is
= Closed NAV × number of shares bought
= $19.8 × 1,152
= $22,809.60
5. Now the year end investment value after considering the expense ratio is
= $22,809.60 × (1 - 1.3%)
= $22,513.0752
6. Now the rate of the return is
= ($22,513.0752 - $21,600) ÷ ($21,600)
= 4.23%
