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Sauron [17]
3 years ago
5

Dissolution: a. is the same as termination. b. can result from a limited partner leaving the partnership. c. can result from the

death of a partner. d. all of the above
Business
1 answer:
boyakko [2]3 years ago
7 0

Answer:

The correct answer is letter "D": all of the above.

Explanation:

Partnerships are forms of entities where the owners of the business or partners are unlimited liable. This means if the company is in debt the personal assets of the partners can be considered as part of the repayment. If one of the <em>partners retires, is removed, if a new partner is added </em>or <em>if one of them deceases</em>, the current partnership is dissolved or legally terminated.

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Downs Tax Planning Service bought communications equipment for $9,600 on January 1, 2017. It has an estimated useful life of fiv
MaRussiya [10]

Answer:

$960

Explanation:

For computing the accumulated depreciation, first we have to compute the depreciation expense which is shown below:

= (Original cost - residual value) ÷ (useful life)

= ($9,600 - $0) ÷ (5 years)

= ($9,600) ÷ (5 years)  

= $1,920

This is a full year depreciation but we have to find out for June 30,2017 i.e 6 months

= $1,920 ÷ 12 months × 6 months

= $960

The same is recorded as an accumulated depreciation

3 0
3 years ago
How is a bond like a loan
Ostrovityanka [42]
Well a bond is a government loan where they take ur money and pay u back with interest usually low interest tho
7 0
3 years ago
Jennifer is excited to be retiring after 35 years of service as a high school English teacher. Over the past 35 years, Jennifer'
LiRa [457]

Answer: $925.505

Explanation:

Given that,

Number of years of service = 35

Jennifer's average annual salary = $26,443

There is one assumption that she will receive 42% of her average annually.

Receive on a annually basis = 42% of $26,443

                                               = 0.42 × $26,443

                                               = $11,106.06

Jennifer expect to receive on a monthly basis = \frac{Receive\ on\ annually\ basis}{12}

                                                                             = \frac{11,106.06}{12}

                                                                             = $925.505

4 0
3 years ago
Martha signs a listing agreement with Broker Patrick. Which of the following would probably not be found in the agreement they s
andriy [413]

Answer:

. Martha's average utilities

Explanation:

As it is mentioned in the information Martha has signed the listing agreement, a listing agreement is an agreement which is signed between the broker and owner.

The significance of listing contract is that the owner allowing the broker to work for the owner as an agent to sell the property.  so it must include broker commission, Martha's property price and duration of the contract

3 0
3 years ago
Amanda owns a home with a $400,000 replacement value. This January, a snowstorm causes $75,000 in damages to the home. Amanda ha
IrinaK [193]

Answer:

Insurer will pay to Amanda $69312.50

Explanation:

As we know that Amanda home replacement value which means the (Property value) is $400,000 and Amanda carries a coverage of amount $300,000 which is her policy limit. Her policy has 80% of coinsurance and snow storm causes a damage of amount $75,000. She has the $1,000 deductible in her policy.

80% of the 400,000 = 320,000

Amanda should have $320,000 but carries the insurance coverage $300,000

So she will get 300,000/320,000= 0.9375

In this scenario as the damage amount is $75,000 she will get $75,000 x 0.9375 which is equal to $70,312.50

Since the deductible amount of her policy is $ 1000 Which will therefore be deducted

Hence   $70312.50 - $1000 = $69312.50

Amanda will get $69312.50

7 0
3 years ago
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