Answer:
False
Explanation:
The owners of sole proprietorships and general partnerships both have the disadvantage of unlimited liability.
The owners or partners of limited liability partnerships, limited liability companies, C and S corporations are the ones that are not exposed to unlimited liability.
When a bank keeps $12 from a $100 deposit as legal reserves, it is using <span>a fractional reserve system. The correct option among all the options that are given in the question is option "b".
</span>The Fed has defined different categories of money, M1 and M2, according to the money's function. The correct option among all the options <span>that are given in the question is option "b".</span>
<h2>Hey there! </h2>
<h2>I guess the correct option is:</h2>
<h3>"for profit" </h3>
<h2>Explanation:</h2>
<h3>As it is already said that Tamalika usually expects for an enough profit for the next year. So, I guess the correct answer will be "for profit" </h3>
<h2>Hope it help you </h2>
Answer:Strong word-of-mouth communication about; increase.
Explanation: When a marketing organisation promote a mutually beneficial relationship with its customers it will help the customers to go ahead to market the company and its products with a strong word- of-mouth communication, the firm's products because that will increase the customer's lifetime value to the firm,this will help the firm to be more profitable and make more revenue now and in the future.
Answer:
a. Depreciation expense reflects the decrease in the current value of an asset over time.
Explanation:
Depreciation is an accounting concept of allocating the cost of a physical asset over its useful life. The depreciation expense in a period shows the book value that the asset has lost in the period. Accumulated depreciation is the total value of depreciation recorded for an asset up to a specific date.
Depreciation helps a business spread the cost of an asset over several years. Acquiring an asset is costly. To expense, the cost of the asset on a single financial year is not prudent as the asset will generate revenue for the company for many years. Depreciation spreads the cost of the asset to the years it is expected to be economically viable.