In a limited partnership:
The inactive partner has limited liability for the business's debts
Explanation:
In a general partnership all partners share equal financial responsibility for the firm's decisions.
This means that all partners are supposed to have equal liabilities but hat is not the case for limited ones.
In limited partnerships there is a general partner who owns most of the business and has most of the availability and the limited partner has pooled resources for the business but has very little personal responsibility to it.
This model is usually there when the firm needs some investors and the person running business is usually the owner only.
If you attend a networking event, you should focus on the problems you can solve rather than listing the products or services you sell to focus on the problems you can solve rather than listing the products or service that you sell.
Networking is the exchange of information and ideas between people who share common professions or special interests, usually in informal social settings. Networking often starts with common ground.
An example of networking is the exchange and acquisition of information between different departments of the same company in order to share information and solve business problems. An example of a network is connecting an entire computer network to a print server so that each workstation can print documents.
A computer network can also include multiple devices/media that facilitate communication between two different devices. These are called network devices and include routers, switches, hubs, bridges, etc. Network Topology: The layout arrangement of various devices on the network.
Learn more about networking brainly.com/question/1027666
#SPJ4
Answer:
Beaver Construction
1. Journal Entry:
April 1, 2015:
Debit Equipment $50,400
Credit Cash Account $50,400
To record the purchase of new equipment for cash.
2. December 31, 2015:
Debit Depreciation Expense-Equipment $5,400
Credit Accumulated Depreciation - Equipment $5,400
To record the depreciation expense for the period.
3. Adjusted balances of Accumulated Depreciation and Depreciation Expense at December 31, 2015:
a) Accumulated Depreciation - Equipment
Beginning balance $0
Depreciation Expense $5,400
Ending balance $5,400
b) Depreciation Expense-Equipment $5,400
Explanation:
The depreciation expense for equipment is $5,400 ($600 x 9) since the depreciation charge for each month is $600. The equipment was used from 9 months from April 1 to December 31 in 2015. This implies that only $5,400 will be charged to Income Statement for the period.
Easily over <span>120000 , I do not think their are any statistic or too accurate sources to go by but it is a estimate.</span><span />
Answer:
can be achieved by exploiting resources that are competitively valuable, rare, and hard to imitate by rivals
Explanation:
A resource-based strategy is a form of the technique used by business managers to efficiently utilized the existing and valuable resources of the firm. These resources would be difficult to come by for the competitors such that it is hard for competitors to replicate. Thereby leading a sustainable or long term competitive advantage to the firm
Hence, in this case, the correct answer is A resource-based strategy "can be achieved by exploiting resources that are competitively valuable, rare, and hard to imitate by rivals."
