Answer:
mutual agency
Explanation:
Unlimited liability means the liability of partners are unlimited. Liabilities are not limited to the amount of capital contributed by partners.
Ease of formation refers to how easy it is to form the partnership.
Dissolution refers to ending the partnership.
I hope my answer helps you
Answer:
1. Increases in demand will increase both the interest rate and the total amount of borrowing and lending. Decreases in demand will decrease both the interest rate and the total amount of borrowing and lending.
Explanation:
Answer:
Retained Earnings: $ 100.000
Explanation:
Assets
Cash $190.000
Accounts Receivable $250.000
Net Furniture & Fixtures $200.000
Goodwill $180.000
Inventory 175.000
Land 305.000
TOTAL 1.300.000
Liabilities
Accounts Payable 260.000
Long Term Loan 340.000
Short Term Loan 200.000
Equity
Capital Surplus 100.000
Common Stock 300.000
Retained Earnings 100.000
TOTAL 1.300.000
INCOME STATEMENT
Sales 980.000
Costs -640.000
Depreciation Expense -40.000
Interest Expense -50.000
Earnings Before Taxes 250.000
Tax RATE -52.500
Net Income 197.500
Dividends : $ 97.500
Retained Earnings : $ 100.000
Answer:
Trading securities.
Explanation:
A bond can be defined as a debt or fixed investment security, in which a bondholder (creditor or investor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time.
Generally, the bond issuer is expected to return the principal at maturity with an agreed upon interest to the bondholder, which is payable at fixed intervals.
The par value of a bond is its face value and it comprises of its total dollar amount as well as its maturity value. Also, the par value of a bond gives the basis on which periodic interest is paid. Thus, a bond is issued at par value when the market rate of interest is the same as the contract rate of interest. This simply means that, a bond would be issued at par (face) value when the bond's stated rated is significantly equal to the effective or market interest rate on the specific date it was issued.
In Economics, bonds could either be issued at discount or premium.
Hence, a bond that is being issued at a discount has its stated rate lower than the market interest rate, on the specific date of issuance. Also, a bond that is being issued at a premium, has its stated rate higher than the market interest rate on the specific date of issuance.
Bonds that are purchased with the intent of selling them in the near future to take advantage of short-term price changes are classified as trading securities. Thus, trading securities such as debts or an equity are not held by business firms for a long-term period because they are purchased for the purpose of earning profits in a short-term period.