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Lubov Fominskaja [6]
3 years ago
15

Will and Bill both enjoy sunshine, water, and surfboards. Thus, the two friends decided to create a business together renting su

rfboards, paddle boats, and inflatable devices in California. Will and Bill will equally share in the decision making and in the business profits or losses. Which type of business did they create if they both have full personal liability for the firm's debts?
A. Sole proprietorship
B. Limited partnership
C. Corporation
D. Joint stock company
E.General partnership
Business
1 answer:
geniusboy [140]3 years ago
4 0

Answer:

E. general partnership

Explanation:

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6 0
2 years ago
Consider the following limit-order book for a share of stock. The last trade in the stock occurred at a price of $52. Limit Buy
nekit [7.7K]

Answer:

$52.25

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From the question given, thus saying if a market buy order for 100 shares comes in, at what price will it be filled.

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8 0
3 years ago
The global-standardization strategy arises out of the combination of: Question 7 options: 1) high pressure for cost reductions a
kati45 [8]

Answer:

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Explanation:

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3 years ago
How would a good recordkeeping system help during a tax audit?
cricket20 [7]
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6 0
2 years ago
Read 2 more answers
On January 1, a company issued and sold a $440,000, 6%, 10-year bond payable, and received proceeds of $434,000. Interest is pay
Harlamova29_29 [7]

Answer:

The carrying value of the bonds immediately after the first interest payment is $434,300.

Explanation:

Face value of the bond = $440,000

Proceeds from bond issue = $434,000

Discount on bond payable = Face value of the bond - Proceeds from bond issue = $440,000 - $434,000 = $6,000

Total number of seminual = Number of years of bond maturity * Number of semiannual in a year = 10 * 2 = 20

Discount amortizaton per semiannual = Discount on bond payable / Total number of seminual = $6,000 / 20 = $300

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Therefore, the carrying value of the bonds immediately after the first interest payment is $434,300.

3 0
2 years ago
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