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sleet_krkn [62]
3 years ago
15

The primary advantage of being a limited partner is:

Business
1 answer:
notka56 [123]3 years ago
7 0
<h2>Maximum loss limited to their capital investment</h2>

Explanation:

  • As an investor there is a possibility of both profit and loss. If it is sole proprietorship, the profit or loss will be put on the his / her shoulder.
  • In case of limited partner, the advantage is that if there is a loss occurred it will" limit to their capital investment".
  • He/she enjoys "protected investments"
  • There will not be any huge loss since the capital invested is limited.
  • "A company can have more than one limited partner"

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A company issues $100,000 face value, zero-coupon, 4-year U.S. corporate bonds on January 1, 20XO, when the market rate for simi
aivan3 [116]

Answer:

Amount = Maturity/(1+risk rate)⁴

Amount = $100,000/(1+0.12)⁴

Amount = $63,552 (Approx)

Interest payable = $63,552 x 0.12

Interest payable = $7,626 (Approx)

Interest payable (2nd period) = ($63,552+$7,626) x 0.12

Interest payable (2nd period) = $8,541 (Approx)

Explanation:

                           JOURNAL ENTRY

                                BOOKS OF (.....)

Date          Account title         Debit   Credit

       Cash a/c                   Dr    $63,552  

                  To Bonds payable a/c    $63,552

1st-period    

             Bond Interest a/c       Dr   $7,626

         To Bonds payable a/c                  $7,626

2nd-period  

             Bond Interest a/c       Dr   $8,541

         To Bonds payable a/c                  $8,541

6 0
3 years ago
Directions: Something that is valuable is scarce and give utility. Something that isn't value either doesn't give utility, or it
suter [353]

Answer:

Scarcity and Utility

I will explain the concepts of scarcity, value, and utility using my laptop and some writing pens.  I have only one laptop available in my family.  I use it 24-hours daily.  I attach so much value (utility) to the laptop because it is only one.  It is very scare in my household.  On the other hand, I have a packet of writing pens.  Pens are relatively not scare in my household.  If my laptop is missing, I will raise uproar in the house.  Everybody present will answer a tedious query.  But, if one of the pens gets missing, I may not even be aware that it is missing.  At the moment, I do not attach much value (utility) to the writing pens because I have many of them presently .  Writing pens are not scare in my household, as I said earlier.

Using these examples, I have demonstrated the concepts of scarcity, utility, and value.

Explanation:

Therefore, scarcity is defined by the value and the relative availability of a good.  Scarcity is a basic economic problem that shows the gap existing between limited resources and unlimited needs.  Based on the lack experienced with satisfying a need, one has to always choose between alternatives in order to maximize resource allocation and utility.

Utility in Economics refers to the value or satisfaction derivable from the meeting of a human or economic need.  It is initially connected to the concept of scarcity.  But after attaining some level of utility, scarcity temporarily evaporates.  And this is the dividing thin line.  This is why they are mostly used together.  "Something that is valuable is scarce and give utility."  Something that is not highly valuable is not usual scarce and does not give much utility, at least, to an extent.

6 0
3 years ago
Angela, a recent university graduate, wants to start a fashion boutique that will sell tailor-made garments and accessories. She
ella [17]

Answer:

E. The Small business Administration

Explanation:

The small business administration is an agency that supports  small business and entrepreneurs with setting up of their business. The small business administration helps with  the provision of counseling to aid individuals trying to start and grow businesses.

Therefore Angela should meet the Small business Administration for financial and managerial assistance.

4 0
3 years ago
What, if anything, should you do to correct the following sentence?
kodGreya [7K]
Nothing. The sentence is fine as it is.
5 0
3 years ago
Read 2 more answers
Your company has completed an audience analysis for the manual you are writing for users of a new accounting system. The manual
tresset_1 [31]

Answer:

A

Explanation:

For an accounting manual, if your audience has different background of education then you need to keep different section for different audience. The thing is, if you write it for highest level then bookkeepers will have difficulty in understanding it. If you write for lower level, then it will be useless for higher level of audience.

So the manual should include different section for different audience.  

7 0
3 years ago
Read 2 more answers
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