During a liquidation, capital deficiency means that at least one partner has a (debit/credit) balance in his or her capital account at the point of final cash distribution, which means that debit ( deficiency means partner has debit in capital).
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What is liquidation of capital ?</u></h3>
- In the fields of finance and economics, liquidation refers to the process of closing down a firm and distributing its assets among claimants.
- It is an occurrence that typically takes place when a business is bankrupt, or unable to make its debt payments on time.
- As business activities come to an end, the residual assets are distributed to shareholders and creditors according to the order of priority of their claims. General partners might be dissolved.
- The sale of subpar goods at a price below what it would cost the company to produce them or below what the company would want to charge is referred to as "liquidation."
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<span>Rent control is a price ceiling. The objective of controlling the prices of rent is usually to counteract the inequality of bargaining power between landlords and tenant, as part of a minimum set of rights to make the market fair. Advantage of rent control is limited rent increased. A disadvantage is tighter restrictions on roommates.
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Answer:
Original price= $23,158.58
Explanation:
Giving the following information:
The company purchased a credit plan at Buy Right. Their monthly payments are $1,000 for 2 years. Buy Right will charge 3.45% per year compounded monthly.
First, we need to calculate the final value, using the following formula:
FV= {A*[(1+i)^n-1]}/i
A= monthly pay= 1,000
i= 0.0345/12= 0.002875
n= 12*2= 24
FV= {1,000*[(1.002875^24) - 1]}/ 0.002875
FV= $24,810.48
Now, we can calculate the original price:
PV= FV/(1+i)^n
PV= 24,810.48/ (1.002875^24)
PV= $23,158.58
Answer:
b. creating the needed capability internally when industry conditions, technology, or competitors are moving at such a rapid clip that time is of the essence.
Explanation:
This internally needed capability would create confidence in employees of an organisation to be better fitted to face their job responsibilities.
Also, an organisation that monitors the trends in technology and the approaches used by it's competitors would able to pay rapidly adapt to the needs of the organisation.
For instance, a company notices that most of its employees lack the skills to work remotely, the capacity building process would involve a rapid initiative to train and equip it's employees to the changing working environment.
If the government imposes a price ceiling of $4. The quantity purchased by consumers in this market would decline from 4 to 2.
A price ceiling is a situation in which the calculated price is above or below the equilibrium price determined by the market forces of supply and demand. Higher price caps have been shown to be ineffective. It turns out that price caps are very important in the residential rental market.
A price ceiling is the legal maximum price you can pay for goods or services. Governments set price caps to keep the prices of essential goods and services affordable. For example, when Hurricane Katrina hit in 2005, the price of bottled water exceeded $5 a gallon.
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