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notka56 [123]
3 years ago
11

Compare general and limited partnerships. Would you rather be a general partner or a limited partner? Explain your answer

Business
1 answer:
alekssr [168]3 years ago
6 0
A limited partner, because it keeps me from being responsible for any liability.
You might be interested in
4. Noah paid all of his bills and put a bit of money in savings for the month. He has a little bit of money left-over to spend o
Semenov [28]

Answer:

Disposable Income

Explanation:

dis·pos·a·ble in·come

/dəˈspōzəbəl ˈinˌkəm,dəˈspōzəbəl ˈiNGˌkəm/

Learn to pronounce

noun

income remaining after deduction of taxes and other mandatory charges, available to be spent or saved as one wishes.

"the rents of tenants in work reached 21 percent of disposable income"

6 0
3 years ago
Free Cash Flow Iron Ore Corp. reported free cash flows for 2008 of $106 million and investment in operating capital of $189 mill
Ilia_Sergeevich [38]

Answer:

$307 million

Explanation:

Iron ore Corporation reported a free cash flow of $106 million

The investment in operating capital is $189 million

Iron ore listed a depreciation expense of $39 million and a tax of $51 million on its income statement for 2008.

The first step is to calculate the operating cash flow

Free cash flow= Operating cash flow-Investment in operating capital

$106m= OCF-$189m

OCF= $106m+$189m

OCF= $295m

Operating cash flow= $295 million

Therefore, the EBIT can be calculated as follows

Operating cash flow= EBIT-Taxes+Depreciation

$295m= EBIT-$51m+$39m

$295m= EBIT-$12m

EBIT= $295m+$12m

EBIT= $307 million

Hence the iron ore's 2008 EBIT is $307 million.

8 0
3 years ago
Bob, CPA, has a client with a strong belief that he is correct about an aggressive but creative tax position. Bob thinks otherwi
yKpoI14uk [10]

Answer:

IRS ,AICPA Statements on Standards for Tax Services.

Explanation:

From the question, we are informed about Bob, that has a client with a strong belief that he is correct about an aggressive but creative tax position.

and how Bob files the tax return with disclosure on his client's included.

In the case of agreement on the disclosure of the position, then it should be disclosed to IRS. which is a form of Statements on Standards for Tax Services.they are responsible for quality control as far as tax is concerned.

5 0
3 years ago
The Mayo Clinic in Minnesota is known for top-quality medical care. For decades, even presidents and dictators from around the w
sesenic [268]

Answer:

E.match its core competencies.

Explanation:

The Mayo Clinic in Minnesota is known for top-quality medical care and focusing its efforts on satisfying customer needs that match its core competencies.

every organization has is desire goals and vision.

the goals and vision of Mayo clinic is satisfying customer need which made them provide all the social amenities and medical equipment and infrastructure needed for quality treatment of patient.

with this core competencies : its makes then increase and advance there there establishment to other countries.

4 0
3 years ago
The two cofounders of Impact Technology, a data-storage firm in Research Triangle Park, North Carolina, were feuding with each o
Hitman42 [59]

Answer:

Organisation behaviour specialist.

Explanation:

Organisational behaviour specialists are people who study the behaviour of variety of individuals or employees in a work environment.

Organisational behaviour specialists make use of the following methods to study the behaviour of employees:

1) Anticident behaviour consequence analysis:

This involves studying the work environment of the employed, the behaviour that is generated as a result of the different conditions of the work environment and finding solutions that will lead to the elimination of such behaviours.

2) Pinpointing:

This method involves putting down certain punishments or consequences that will arise if a particular behaviour is carried out.

3) Observation and feedback:

Organisational behaviour specialist carry out different observations inorder to get a clear insight to certain behaviours, they also create feedback strategies to put an end to these negative behaviours.

8 0
3 years ago
Read 2 more answers
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