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Sloan [31]
3 years ago
5

Different types of partnership businesses​

Business
1 answer:
Tom [10]3 years ago
7 0

Answer:

These are the four types of partnerships.

General partnership. A general partnership is the most basic form of partnership. ...

Limited partnership. Limited partnerships (LPs) are formal business entities authorized by the state. ...

Limited liability partnership. ...

Limited liability limited partnership

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A customer owns 100 shares of an NYSE listed preferred stock and notices that the typical daily trading volume in the issue is l
Bingel [31]

Answer:

The broker should respond that the Specialist (DMM) on the NYSE flooris obligated to buy the stock at the current market.

Explanation:

Now under the NYSE rules, to make a nonstop market in the assigned stock. A customer is will always be guaranteed that the trade will be executed - on the other hand, the price at which the trade is effected is constantly subject to various market conditions.

So the best response from the broker is that the Specialist (DMM) on the NYSE floors is required to buy the stock at the current market.

8 0
4 years ago
Pacific Cruise Lines is a defendant in litigation involving a swimming accident on one of its three cruise ships.
tino4ka555 [31]

Answer:

See attached accounting entries.

Explanation:

For question 1, the likelihood of a payment occurring is probable, the is chance that Pacific Cruise Lines will pay liability as such estimated amount of $1.29 million should be set aside.

For question 2, the likelihood of a payment occurring is probable, the is chance that Pacific Cruise Lines will pay liability as such estimated maximum amount of $1.29 million should be set aside.

For question 3, the likelihood of a payment occurring is reasonably probable, the is chance that Pacific Cruise Lines will pay liability as such estimated amount of $1.29 million should be set aside.

For question 3, the likelihood of a payment occurring is remote, that is, there little relationship with this case that cause Pacific Cruise Lines being liable to pay as such potential amount of $1.29 million should be set aside.

Download xlsx
3 0
3 years ago
Ashland Corporation estimates its manufacturing overhead costs to be $200,000 and its direct labor costs to be $336,000 for 2020
denpristay [2]

Answer:

Allocated MOH= $99,960

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 200,000 / 336,000

Predetermined manufacturing overhead rate= $0.595 per direct labor dollar

<u>Now, we can allocate overhead to Product 3:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 0.595*168,000

Allocated MOH= $99,960

7 0
4 years ago
________ insurance is life insurance that is provided over a specified time period and does not build cash value.
zhannawk [14.2K]
The correct answer is Term
8 0
3 years ago
Read 2 more answers
When a business cycle enters a trough of a recession or depression, the federal government can use _______ and ________ to offse
Korolek [52]

Answer: Monetary and fiscal policies

Explanation: Monetary and fiscal policies are two tools of the governments all over the world to stabilize economy in times of depression or recession.

These two can be explained as follows :-

1. Monetary policy refers to the decisions taken by the govt. to stabilize economy by adjusting the interest rates on short term borrowings or by changing the supply of money in the economy as per the need.

2. Whereas in fiscal policy federal govt. use tax collection and expenditure control for coping with depression or recession.

7 0
4 years ago
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