Answer:
i think I will try maybe the answer is b
Answer:
•Jayaram is a Limited partner
•Jeevan is an active partner
Explanation:
•A limited partner also known as a silent partner is a partner who does not partake in the day to day running of the business. He only provides capital to the running of the business hence his liability is limited to the amount invested in the business.
Asides providing capital and not being active in the management of the business activity, he can be of help by providing business contact that would bring progress to the business and also give business advice where and when necessary.
• An active partner is a partner who provides capital and also oversees the daily activities of the business. He is a very important partner because of his involvement in the business affairs hence has more liability unlike the limited partner. An active partner's action can make or mar the business because of the influence he has over the business.
Answer:
Selling price= $224
Explanation:
Giving the following information:
Unitary purchase cost= $140
Mark-up percentage= 60%
<u>To calculate the selling price per unit, we need to use the following formula:</u>
Selling price= unitary cost*(1 + mark-up)
Selling price= 140*1.6
Selling price= $224
Answer:
$3000 to $12000
Explanation:
cost of office equipment varies in the first year of a business because it depends largely on the type of business and the scale at which the business is been run at but approximately $3000 to $12000 should be able to cover the cost of purchasing, maintain and also carrying out repairs on office equipment.
Answer:
Common stock represents the most basic form of a company's ownership and includes voting rights and dividends, if and when a firm elects to pay dividend
Explanation:
Common stock is a form of a company's ownership because common stockholders are legal owners of a company. They have voting rights but their dividends may not be paid. They are entitled to residual profit after the company has settled the claims of bond holders and preferred stockholders. They bear the highest risk in the event of liquidation of a company.
