In a limited partnership, limited partners do not have the same rights as general partners to participate in management. This statement is true.
<h3>
What is a limited partnership?</h3>
A limited partnership is a type of partnership that is made up of general partners and limited partners. The liability of limited partners is limited to the amount invested in the business while the general partners have unlimited liabilities.
The limited partner cannot partake in the daily running of the business unlike the general partner.
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(b) Increased effectiveness of collection methods - It will increase the turnover ratio and decrease the days to collect.
Effectiveness is the functionality of producing a preferred result or the capability to supply preferred output. whilst something is deemed powerful, way it has a supposed or predicted outcome, or produces a deep, vibrant effect.
Effectiveness is the principle noun form of the adjective effective, this means “ok to accomplish a cause; producing the supposed or predicted end result.” (another, less common noun form of effective is efficiency.).
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Answer:
$240 Favorable
Explanation:
Cost as per standard
Fixed per month = $3,320
Per frame = $16
Cost for 1049 frames = $3,320 + ($16 
1049)
= $3,320 + $16,784 = $20,104
Actual Supplies cost = $19,864
Spending Variance = Standard Cost - Actual Cost
Spending Variance = $20,104 - $19,864 = $240 Favorable
As we see actual cost is less than standard the variance is favorable.
$240 Favorable
Answer: B. Provide information, analysis, and advice that is sound, reliable, and unbiased
Explanation: To improve the objective aspect of Lazar's work, he should consider the following;
1. Provide information analysis
2. provide advise that are sound reliable and unbiased.
A combination of the above will improve his work objective, this can also helped in presenting a sound presentation.
Answer:
d. 8.125%.
Explanation:
The computation of the after tax cost of debt is shown below:
Given that
NPER = 13 × 2 = 26
PMT = $1,000 × 8.5% ÷ 2 = $42.50
Assume future value would be $1,000
Present value is $746.16
The formula is given below:
= RATE(NPER;PMT;-PV;FV;TYPE)
After applying the above formula, the rate is
= 6.25% × 2
= 12.50%
Now the after tax cost of debt is
= 12.50% × (1 - 0.35)
= 8.125%
Hence, the correct option is d. 8.125%
