Answer:
2) all of the partners in proportion to their shares of the profits
Explanation:
Partnership refers to a mutual agreement between two or more individuals, deciding to carry on a business and share it's risks and rewards in the profit sharing ratio as stipulated, or as provided in the partnership deed.
Upon retirement or death of any of the partners, the partnership is said to have been dissolved. Upon dissolution, the profits and losses arising consequently shall be shared by the remaining partners in their profit sharing ratio. A firm may decide to voluntarily dissolve too.
In the given case, upon dissolution, liabilities exceed assets and thus indicate a loss.
This loss shall be borne by all of the partners in their profit sharing ratio and not in the ratio of their capitals.
Answer:
The average total cost of producing 60 units of output is:
b. $21.67
Explanation:
a) Data and Calculations:
Variable Fixed Output Marginal Physical Total Total Marginal
Input Input Product of Variable fixed variable Cost
input cost cost
0 1 0 $500 $0
1 1 10 (A) $500 $200 (F)
2 1 25 (B) $500 400 (G)
3 1 45 (C) $500 600 (H)
4 1 60 (D) $500 800 (I)
5 1 70 (E) $500 1000 (J)
The total cost of producing 60 units of output = $1,300 ($500 + $800)
Average total cost of producing 60 units of output = $21.67 ($1,300/60)
When survivors or beneficiaries receive a set sum of money from insurance, it is from a life insurance policy. Many people pay into a life insurance policy for numerous years to leave money for their families future. There are several types of life insurance that can be purchased such as term life and permanent life insurance.
A good way to use a cover letter to start a two-way conversation with a potential employer is:
- Demonstrate excitement for the business.
- Accentuate a shared link.
- Start with a noteworthy accomplishment.
- Bring up a noteworthy topic.
- Show enthusiasm for what you do.
- Tell a unique tale.
- Start with a statement of belief.
<h3>
What is a cover letter?</h3>
- A letter of introduction that is connected to or is included with another document, such as a resume or curriculum vitae, is known as a cover letter, cover letter, inspiration letter, motivating letter, or letter of motivation.
- You should address two primary points in your cover letter: why you are the ideal candidate for the position, and why you are enthusiastic about working for the organization.
- Your cover letter should primarily consist of factual information without any filler or stereotypes.
A good way to use a cover letter to start a two-way conversation with a potential employee:
- Demonstrate excitement for the business.
- Accentuate a shared link.
- Start with a noteworthy accomplishment.
- Bring up a noteworthy topic.
- Show enthusiasm for what you do.
- Tell a unique tale.
- Start with a statement of belief.
Therefore, a good way to use a cover letter to start a two-way conversation with a potential employer is:
- Demonstrate excitement for the business.
- Accentuate a shared link.
- Start with a noteworthy accomplishment.
- Bring up a noteworthy topic.
- Show enthusiasm for what you do.
- Tell a unique tale.
- Start with a statement of belief.
Know more about a cover letter here:
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If the level of incomes rises for high-income workers but doesn't change for low-income workers, "then poverty will not change and inequality will rise."
<h3>What is poverty?</h3>
Lack of resources to meet necessities like food, clothing, and shelter constitutes poverty. But poverty goes far beyond simply not having enough money.
According to the World Bank, poverty is as follows:
- Hunger is poverty.
- Absence of shelter is poverty.
- Being sick and unable to visit a doctor is poverty.
- Being illiterate and lacking access to education are both aspects of poverty.
- Living day by day and not having a job are all signs of poverty.
Some faces of poverty is also-
- Poverty has been characterized in a variety of ways and takes on several forms that vary from place to place and over time.
- Most of the time, people desire to get out of poverty.
- Therefore, poverty is a call to action for both the wealthy and the poor, a call to alter the world so that more people may have access to food, shelter, education, and healthcare, as well as protection from violence and a voice in local affairs.
Therefore, rarely is there a single source of poverty. Some people don't have enough money due to a number of circumstances, including growing living costs, low salary, unemployment, and insufficient social security benefits.
To know more about factors cause poverty in low-income nations, here
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