Answer: These individuals must enter into a <u>limited partnership.</u>
When a partnership has at least one General Partner and one Limited Partner, the partnership is called a limited partnership.
The general partners bear all the risk of the partnership and are jointly and severally liable for the debts of the partnership.
The limited partner contributes funds, but in not involved in the management of the partnership.
As a result he is not personally liable for the debts of the partnership.
However, he is entitled to a dividend by virtue of his investment. The nature of this dividend is defined and the terms are spelled out clearly in the partnership agreement.
Answer:
I'm pretty sure the answer is A
Answer:
$12,500
Explanation:
Budgeted cash receipts refer to the money that the company expects to receive in a specific period of time.
Budgeted cash disbursements are the payments that the company expects to make in a specific period of time.
$19,500+190,500-191,000= 19,000
Then, you have to subtract 19,000 from 31,500 to determine the amount that the company needs to attain its desired ending cash balance:
31,500-19,000= 12,500
According to this, the company should borrow $12,500.
Sales Target
Explanation:
A sales target is an example of a measurable goal and it is probably the most common, and perhaps the most important, measurable goal in a firm.
It simply consists in determining a minimum number of goods or services to be sold, measured in either physical or monetary terms, in order to keep the firm afloat and profitable.
For example, a firm that sells cars can determine that for the month of january it must sell at least 250 cars in order to stay in business. If the goal is not reached, the sustainability of the firm can be endangered.
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