B option is basically suitable. .
Answer:
1. a GENERAL partner
2. a LIMITED partner
Explanation:
A GENERAL partner has responsibility or liability for losses beyond their investment. They are bound up to the extent of their personal assets incase the partnership is insolvent. They are also responsible in the management and decision-making process in the operation of the partnership. A LIMITED partner on the other hand is only liable in the partnership’s losses up to the extent of his investment in case of partnership’s insolvency. But a limited partner should NOT participate in the management and decision-making process of the operation in the partnership for him to be not liable up to the extent of his personal asset. A limited partner should also be recorded in the articles of the partnership as “LIMITED PARTNER”, otherwise he is liable as general partner.
Available Option:
a. it is costly to maintain many product lines, and it might weaken the brand's meaning.
b. it is often difficult to get additional marketing communications coverage for the brand.
c. the current economy can only support a limited number of product options.
d. manufacturing divisions usually control brand expansion and are often in conflict with the marketing division.
e. Federal Trade Commission regulations limit the number of products that can be marketed under an individual brand name.
Answer:
Option A. It is costly to maintain many product lines, and it might weaken the brand's meaning.
Explanation:
The reason is that adding brand in the existing highly valued brand names require maintaining the brand's meaning and reputation which results in incurring higher costs in quality management, customer locating, making sales and other costs. The poor feedback of a new product can result in the decline in the trust of previous highly reputed brands which can affect the firm severely so the marketers might avoid such inclusions of brands.
It will take 25 months to get $500
Answer:
D. 189,000 = NA + 189,000 NA - NA = NA 189,000 FA
Explanation:
The accounting equation shows the relationship between the elements of a balance sheet which are assets liabilities and equity. This may be expressed mathematically as
Assets = Liabilities + Equity
While assets include fixed assets, cash, inventories, account receivables etc, liabilities include accounts payable, loans payable, accrued expenses etc.
Equity which represents the amount owed to the owners of the business includes retained earnings (which is the accumulation of the net income/loss over the years less dividends paid) and common shares.
When 9,000 shares of no-par stock issued for $17 per share increases to $21, this means that the additional amount
= ($21 - $17) × 9000
= $36,000
Amount to be collected from the issue
= $21 × 9000
= $189,000
This will result in an increase in cash and an increase in owners equity (the respective debits and credits).