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mixer [17]
3 years ago
9

Limited partnership programs are categorized as direct participation programs. The term direct participation refers to A) the ab

ility of any partner, limited or general, to participate in the running of the partnership. B) the ability, through the partnership democracy, for each partner to have her vote flow through to the general partner. C) the general partners directly participating in the day-to-day management of the partnership. D) the flow-through of profits and losses of the partnership to the individual limited partners.
Business
1 answer:
Ugo [173]3 years ago
3 0

Answer:

D) the flow-through of profits and losses of the partnership to the individual limited partners.

Explanation:

A limited liability company can be defined as a private company in which the owners are legally responsible for the company's debts but only to the amount of capital he or she has invested. The LLC can be referred to as a hybrid business entity that combines the limited liability-shield of a corporation with the pass-through taxation of a sole-proprietorship or partnership business.

In the United States of America, the owner of a LLC is not legally liable for the company's liability or debts.

Limited partnership programs are categorized as direct participation programs. The term direct participation refers to the flow-through of profits and losses of the partnership to the individual limited partners. Also, it prevents double taxation because only the owners or investors are taxed on revenues but not the entity.

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_____ leaders are agents of change because they develop an appealing vision of the desired future state, communicate that vision
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Answer:

The correct answer here is B) Transformational leader.

Explanation:

Transformational leadership style is a type of leadership, where a leader would work with its team so that a leader can identify changes that are needed, leader would create a vision to guide change through the inspiration and executes that change in tandem with committed team members. Transformational leader also helps in enhancing the motivation, job performance and morale of its team and followers through various mechanism like being a role model to others, connecting with teams sense of identity.

8 0
3 years ago
Consider a small country that is closed to trade, so its net exports are equal to zero. The following equations describe the eco
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Answer:

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3 years ago
Ollie Company experienced the following events during its first-year operations:
Umnica [9.8K]

Answer:

a. Events that will affect the income statement are :

  1. Part c
  2. Part d

b. Income statement that shows the results of Year 1 operations.

Revenue Earned             $59,000

Less Expenses :

Expenses                        ($43,000)

Net Income / (Loss)          $16,000

Explanation:

The Income Statement shows the Profit or Loss that resulted during the reporting period.

Only items of Revenue/Income and Revenue Expenditures (Expenses) are accounted for in Income Statement.

Profit or Loss = Sales <em>less</em> Expenses

4 0
3 years ago
Demand for individual products can be driven by product life cycles. <br> a. True <br> b. False
Ray Of Light [21]
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8 0
3 years ago
Which advantages of small business helped mary ellen sheets establish and grow two men and a truck? 2. which disadvantages of sm
Lana71 [14]

<u>Solution:</u>

1. Two men and a truck have an advantage of making their workers comply with the Grandma Law, which demonstrates respect and compassion for their clients. It welcomed new buyers, retained the faithfulness of current customers and made the company's own identity distinctive. The freedom of Two People and a Truck was another plus.

Two men and a truck were using the unsegmented approach to the market that many small companies have to or plan to do. This was based in its business or division on any consumer.

The marketing technique used was the conventional and modern internet and social media marketing method, PR&D and the news media.

2.  A) a lack of venture value: because they were a very small enterprise that used to carry their operations out, most customers had lost confidence or a value in their funding, believing their concept of selling franchises was not a successful one.

b) Failure to have sufficient funding: Originally, as this business started to expand rapidly, it emerged as a money-making workplace; a big concern was the shortage of investment resources.

Suggestions for addressing this were: using alternate funding strategies such as retained profits, bank loans, and so on.

3.  Two men and a truck should sell concessions outside North America. That is a smart idea. It is because since developing the organization, it is clear that it knows its strong fields, which it will use to develop a stable presence on the world market, with some 300 franchises in North America. Furthermore, this packaging and shipping company's business model is something essential and recognizable in the world.

Global franchises are more likely to question the organization if it is willing to adapt or deviate its strategies in order to suit the consumer market in a different country with a particular philosophy from the North American community, its corporate social management programs, its goals and its organizational ethics.

8 0
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