1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
erik [133]
3 years ago
15

Commercial Credit & Finance is a limited partner-ship. Derry, Eleni, and Frey are the general partners. Derry dies. The part

nership can​ Select one:
a. ​continue only if Eleni and Frey consent.
b. ​continue only after a distribution of its assets.
c. ​not continue because Derry's death dissolves the firm.
d. ​continue only as a general partnership.
Business
1 answer:
VMariaS [17]3 years ago
5 0

Answer:

a. ​continue only if Eleni and Frey consent

Explanation:

A General Partner within a limited partnership organization manages the business and has unlimited personal liability for the debts and obligations of that firm/organization. Therefore if there are more than one then all decisions must be made in unison because it affects each member personally. So in this scenario if Derry Dies the partnership can continue only if Eleni and Frey both consent.

You might be interested in
Which of the following is not a typical strategic objective or benefit that drives mergers and acquisitions?a. to facilitate a c
ValentinkaMS [17]

Answer:

<h2>The correct answer in this case is option a. or to facilitate a company's shift from a broad differentiation strategy to a focused differentiation strategy. </h2>

Explanation:

Some of the major attributes or objectives behind commercial mergers and acquisitions commonly include expansion of market share or customer base through tapping into new markets(both geographically and new product based) and adopting product or service differentiation by combining business operations,invent more cost effective production processes or methods and gain access to new and improved technological resources and inputs.Hence,one of the important objectives of any commercial merger or acquisition is actually to enhance market share of the company or business organisation through diversified product differentiation and not on any focused differentiation strategy which can potentially cover a relatively wider consumer base.

4 0
3 years ago
Identify two advantages of dollar-value lifo compared with unit lifo.
Gnom [1K]
Can you please explain more? :)
6 0
3 years ago
The most expensive benefit is usually
Veronika [31]

Answer:

c

Explanation:

the health care because it is very expensive benefit

6 0
3 years ago
Read 2 more answers
Rogers Manufacturing's overhead at year-end was underapplied by $5,800, a small amount given the firm's size. The year-end journ
Maksim231197 [3]

Answer:

Date           Account Title and Explanation          Debit     Credit

XXXX          Cost of goods sold                            $5,800

                     To manufacturing overhead                            $5,800

             (Entry for unapplied overhead transfer to cost of goods sold)

3 0
3 years ago
Gremlin Industries will pay a dividend of $ 1.55 per share this year. It is expected that this dividend will grow by 7​% per yea
sasho [114]

Answer: 14%

Explanation:

We can calculate this using the Gordon Growth Model which looks like this,

P = D1 / r - g

P is the current stock price

D1 is the next dividend

r is the rate of return or the cost of capital

g is the growth rate.

We have all those figures except the cost of capital so making r the subject of the formula we can solve for it. Doing that will make the formula,

r = D/ P + g

r = 1.55 / 22.10 + 0.07

r = 0.1401

r = 14%

14% is the equity cost of capital.

If you need any clarification do react or comment.

3 0
3 years ago
Read 2 more answers
Other questions:
  • A buyer who needs a significant amount of trust with the seller is looking for a(n) _____. transactional relationship strategic
    12·1 answer
  • Remsco has taxable income of $60,000 before considering charitable contributions. The $60,000 is net of a dividends received ded
    9·1 answer
  • Read the following stock quote. How much is this stock worth?
    9·1 answer
  • In january 2012, a new coffee shop sells 500 drinks. in february, they sell 600 drinks, then 700 in march, and so on in an arith
    7·1 answer
  • The ____ method indicates whether value is expected to be created for shareholders
    6·1 answer
  • When a recipient agrees to allow the original owner of private information to make decisions regarding further disclosure and co
    11·1 answer
  • Please help with accounting homework
    13·2 answers
  • Which professional source provides entrepreneurs with expertise and knowledge about buying an existing business in return for co
    13·1 answer
  • Which of these is not one of the basic functions of the management​ process?
    6·1 answer
  • Chip and Charlie own a local pizza shop. The pizza was the talk of the neighborhood. When
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!