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Sav [38]
2 years ago
9

What is the Reconstituted Firm???​

Business
2 answers:
ella [17]2 years ago
8 0

Explanation:

When a new partner is admitted a new agreement is formed and thus the firm is reconstituted.

Georgia [21]2 years ago
4 0
When a new partner is admitted a new agreement is formed and thus the firm is reconstituted.

Reconstruction of a partnership firm refers to any change in the existing partnership or in the agreement between the existing partners. It results at the end of the existing partnership and a new partnership comes into existence with changed terms and conditions and the profit sharing Ratio of the partners
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The most recent financial statements for Live Co. are shown here: Income Statement Balance Sheet Sales $4,400 Current assets $4,
hram777 [196]

Answer:

3.88%

Explanation:

ROA = Net income/Total assets

ROA = $972/$16,127

ROA = 0.0602716

ROA = 6.03%

Retention ratio = 1 - Payout ratio

Retention ratio = 1 - 0.38

Retention ratio = 0.62

Internal growth rate = (ROA*Retention ratio) / [1 - (ROA*Retention ratio)]

Internal growth rate = 0.0602716*0.62 / 1 - (0.0602716*0.62)

Internal growth rate = 0.037368392 / 1-0.037368392

Internal growth rate = 0.037368392/0.962631608

Internal growth rate = 0.038818995

Internal growth rate = 3.88%

3 0
3 years ago
Ben makes an appointment for a $50 haircut, buys a bike for $250, and agrees to work for Coding Associates for one year for $5,0
galina1969 [7]

Answer:

The correct answer is d. ​none of the choices.

Explanation:

A contract is an agreement, usually written, although it can also be spoken, by which two or more parties mutually commit themselves to respecting and fulfilling a series of conditions. It is a type of legal act involving two or more people and is intended to create rights and generate obligations, therefore transmitting rights and obligations to the parties that sign it.

It is governed by the principle of autonomy of the will, according to which, it can be hired on any subject not prohibited. The contracts are perfected by mere consent and the obligations arising from the contract have the force of law between the contracting parties.

Currently the contract is an economic instrument to negotiate, to meet needs. Contracts are used to agree on services, products, locations, among others.

4 0
3 years ago
Todd plans to purchase a life insurance policy from a stock life insurance company. what kind of policy is he planning to purcha
Ad libitum [116K]

A stock insurance company is a corporation owned by its stockholders and its main objective is to make a profit for them. Stock or shareholders differ from policyholders because the latter do not share directly in the profits of the company  Todd plans to purchase a life insurance policy from a stock insurer because he wants something where he can buy shares and be a shareholder of the company instead of just being a policyholder.

4 0
3 years ago
What does a real estate license holder serving as a representative in an intermediary transaction offer to a client that was not
ra1l [238]

Real estate license holder serving as a representative in an intermediary transaction offer <u><em>advice and opinions</em></u> to a client that was not offered under dual brokerage.

The appointment of Real Estate license holders to assist buyers and sellers in an intermediary transaction enables those real estate license holders to provide advise and opinions during the course of talks, in contrast to the practice of dual brokerage. Under the dual brokerage system, license holders were expected to act in a fair and impartial manner. Commission fees are not tied to representation, and it is against the law for license holders to expose sensitive information belonging to the other parties involved in a transaction.

To know more about real estate refer to:

brainly.com/question/10336196

#SPJ4

7 0
2 years ago
Boba, a Taiwanese tea drink, because boba is popular with students. The market for boba on the UCI campus is very competitive. I
navik [9.2K]

Answer:

1. c. has no control over the price it pays, or receives,in the market

2. c. firms are at the mercy of market forces.

3. buyers can expect to find consistently low prices and wide availability of the good that they want.

Explanation:

A competitive market has the following characteristics.

1. Firms are price takers. They do not set the price for their goods and services. They accept the price set by market forces. Price is set where the demand curve intersects the supply curve.

2. There are no product differentiation. All sellers sell identical goods and services.

3. There are no barriers to entry or exit of firms in the industry.

4. Firms make zero economic profit in the long run.

5. There are many sellers and buyers.

I hope my answer helps you.

6 0
3 years ago
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