There are four partners in the Dallas Pet Taxi company. One of the partners, Devin, decides to dismiss a particularly difficult client from using the company’s services. He doesn't consult with the other three partners in order to take this action. The fact that Devin can make this type of business decision without consulting the other partners is considered to be a disadvantage of Limited liability partnership.
<u>Explanation:</u>
In the case of a Limited liability partnership, the liability of all or some partners is limited. limited liability means that the partners are not responsible for other partner negligence.
In this case of the Dallas pet Taxi company, One of the partners dismisses a difficult client without consulting other partners. So in case, any problem arises he will be solely responsible for it. The other partners will not be answerable for his actions. The partner responsible will have to face the consequences and bear the loss if any arises. So, is will act as a disadvantage of a Limited liability partnership where all partners are personally responsible for any misconduct or negligence.
<span>Secure the support of her closest colleagues on the unit.
marie's response has been that she rarely has time to provide care to patients, let alone families. This approach that may gain marie's support of the idea</span>
Answer:
inflation rate= 3.8%
Explanation:
Giving the following information:
Nominal return= 11.1 percent
Real return= 7.3 percent
<u>The real return on investments is the difference between the nominal return and the inflation rate.</u>
Real return= nominal return - inflation rate
inflation rate= nominal return - real return
inflation rate= 11.1 - 7.3
inflation rate= 3.8%
Answer:
solve what problem if u are referring in general as what can money solve money solves alot like paying bills paying for medical expenses so be technical on what u are asking
Answer:
External funds needed = $40,000.
Explanation:
An increase in the firm's retained earnings (a component of the shareholder's equity) arises as a result of higher sales volume, thereby making the Asset = Liability + Shareholder's Equity Equation unbalanced.
Therefore, there must be an increment in the firm's assets by an equal amount in order to re balance the equation. If there is an increase in assets by a greater magnitude than retained earnings increment, the gap is filled by external financing (which is a liability and increases the liability component of the equation).
Net income = Sales * profit margin = $500000*10% = $50000
Dividend= Net income * payout ratio = $50000*20%= $10000
Increase in retained earnings = Net income - Dividend = $(50000-10000)
= $40000
Increase in assets = $80000
External funds needed = $(80000-40000) = $40,000.