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Karo-lina-s [1.5K]
3 years ago
15

All are advantages of partnership except

Business
1 answer:
Naddik [55]3 years ago
5 0

Answer:

b) there is privacy

Explanation:

A partnership is a form of running the business under the hands of two or more than two people. The people involved in the business are called as the partners. They share the profits and liabilities and enjoy the benefits together. The decisions are made by discussing the terms among the partners. One of the disadvantages of partnership is the lack of privacy. The partners maintain the secrecy of the terms of their business but there is a lack of privacy among them.

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Assume the current U.S. dollar-yen spot rate is 125¥/$. Further, the current nominal 180-day rate of return in Japan is 3% and 4
statuscvo [17]

Answer:

124.39Y/$

Explanation:

Calculation to determine the approximate forward exchange rate for 180 days

Using this formula

Forward exchange rate/spot exchange rate = [(1+rh)/(1+rf)]*r

Where,

rh = periodic interest rate in the home currency

rf = periodic interest rate in the foreign currency

r=Spot rate

Forward exchange rate= [1+3%*180/360]/[1+4%*180/360]*125¥/$.

Forward exchange rate = 1.015/1.02* 125¥/$

Forward exchange rate= 124.39Y/$

Therefore the approximate forward exchange rate for 180 days is 124.39Y/$

6 0
3 years ago
Explain partner by estoppel ...and please follow me ​???
natita [175]

Answer:

Partnership by estoppel means that a person who is not technically a partner can be held liable as a general partner would be for any debts and damages owed to a third party.

6 0
2 years ago
Rebecca Siddoway own and operate Country Candies. Siddoway specializes in making rich, creamy toffees that she packages in attra
Black_prince [1.1K]

The advantage to Siddoway if she decides to incorporate her business is Corporations have an enhanced ability to attract financing.

A Corporations is an organization (usually a group of people or a legal entity) authorized by the State to act as a single entity and legally recognized as such for a specific purpose. Early incorporated entities were established by charter. Most jurisdictions now permit the formation of new companies by registration.

The company is managed and supervised by its directors and officers. Directors are appointed by shareholders and are responsible for the overall management and corporate governance of the company. The directors appoint officers who are responsible for the day-to-day management and operations of the company.

A Corporations company consists of shareholders, a board of directors and officers. When incorporating a company, owners and managers must be organized and given responsibilities and rights according to the rules laid down in the state corporate law.

Learn more about Corporations brainly.com/question/13551671

#SPJ1

7 0
1 year ago
The term inflation is used to describe a situation in which
Alex73 [517]

Answer: The correct answer is Choice A.

Explanation: The term inflation is used to describe a situation in what the overall level of prices in the economy is increasing.

The measure of inflation is the Inflation Rate. This is the annualized percentage change in a general price index (usually the consumer price index) over time.

3 0
3 years ago
The following account balances relate to the stockholders' equity accounts of Kerbs Corp. at year-end.
umka2103 [35]

Answer:

a)  The amount of net income reported by Kerbs Corp. in 2020 is $299,800

b) Dividend = $17,000 ( Cash outflow from financial activities)

Common stock = $8,000 ( Cash inflow from financial activities)

Explanation:

                                                    2020                      2019

Common stock,                         10,500 shares     10,000 shares

                                                   $157,100                   $137,800

Preferred stock, 5,000 shares  $92,400                    $92,400

Retained earnings                      $299,800               $248,500

a) Total amount of net income reported by Kerbs Corp. in 2020

= Retained earnings by the beginning of the year + Net income - cash dividend - stock dividend

Calculation of net income = Closing retained earnings + dividends - openind retained earnings

= $299,800 + ($11,300 + $17000) - $248,500

= $79,600

= $248,500 + $79,600 - $11,300 - $17,000

= $299,800

b) Determine the amounts of any cash inflows or outflows related to the common stock and dividend accounts in 2020

Inflow to common stocks = opening common stock - closing common stock - stock dividend

= $157,100 - $137,800 - $11,300

= $8,000

Dividend = $17,000 ( Cash outflow due to dividend)

7 0
3 years ago
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