Answer: These individuals must enter into a <u>limited partnership.</u>
When a partnership has at least one General Partner and one Limited Partner, the partnership is called a limited partnership.
The general partners bear all the risk of the partnership and are jointly and severally liable for the debts of the partnership.
The limited partner contributes funds, but in not involved in the management of the partnership.
As a result he is not personally liable for the debts of the partnership.
However, he is entitled to a dividend by virtue of his investment. The nature of this dividend is defined and the terms are spelled out clearly in the partnership agreement.
Susan is more likely to live in poverty because without a college degree, you are less likely to have a higher paying job
The right answer for the question that is being asked and shown above is that: "student loans." The item that should not <span>be considered a “surprise” when it comes to planning your budget is the student loan. Gas prices, medical bills and emergency car repairs are not fixed.</span>
Answer:
The total cost is 3,360,000 and consiste of the proce of the new equipment plus the shipping and installtion cost. In contrast, Alexander's initial investment outlay are liabilities.
Explanation:
acquisition cost + shipping and installation cost = equipment value
3,200,000 + 160,000 = 3,360,000
The increase in liablities, will be that, liabilities, not cost, because is not associate with the equipment being ready to use. The equipment is ready to use, once is installed. so shipping and installment cost should be activated, not the accruals and account payable.
