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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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Check on concentration of economic Power​
ZanzabumX [31]

What's your question?

8 0
2 years ago
Suppose a report on CNN says that there is an impending recession coming in the United States. As a result, Bert's family, as we
lisov135 [29]

Answer:

b) The economy is actually harmed as there is a sharp decease in consumer spending.

Explanation:

As a result of the news of a recession people will react by planning for a future that may be bleek financially.

Savings will increase, the greater the fear of recession the more people will save to cushion the impact of recession. There is the possibility of job slow down in economic activities and resultant job losses so extra cash that would have normally been spent will be saved for the rainy day

3 0
3 years ago
Even as it begins to produce the Mirai for the U.S. market, Toyota continues to manufacture its traditionally fueled cars, truck
Shalnov [3]

Answer:

a. volatility

Explanation:

From the question, we are informed that "Even as it begins to produce the Mirai for the U.S. market, Toyota continues to manufacture its traditionally fueled cars, trucks, and SUVs. In case of Doing this it helps Toyota manage the volatility of industrial demand.

volatility of industrial demand do occur where there is uncertainty as far as demand is concerned in the consumer products , as a result of this most firms to catch up with compitition, growing their sales an lot more , so in this case Toyota still continues to manufacture its traditionally fueled cars, trucks, and SUVs even though there is Mirai for the U.S. market.

8 0
2 years ago
Partners Dennis and Lilly have decided to liquidate their business. The following information is available:
fgiga [73]

Answer:

Partners Dennis and Lilly have decided to liquidate their business. The following information is available:

Cash $100,000 Accounts Payable $100,000

Inventory $200,000 Dennis, Capital $120,000

Lilly, Capital $80,000

$300,000 $300,000

Dennis and Lilly share profits and losses in a 3:2 ratio. During the first month of liquidation, half the inventory is sold for $60,000, and $60,000 of the accounts payable is paid. During the second month, the rest of the inventory is sold for $45,000, and the remaining accounts payable are paid. Cash is distributed at the end of each month, and the liquidation is completed at the end of the second month.

1. Using a safe payments schedule, how much cash will be distributed to Dennis at the end of the first month?

a. $36,000

b. $64,000

c. $60,000

d. $24,000

2. Using a safe payments schedule, how much cash will be distributed to Lilly at the end of the first month?

a. $40,000

b. $24,000

c. $64,000

d. $16,000

4 0
3 years ago
A company issued $50,000 of 8%, 10-year bonds on January 1. The bonds pay semi annual interest. The present value factor of a si
inessss [21]

Answer:

$22,820

Explanation:

Calculation to determine Determine the present value of the par value of the bonds.

Discount rate =8%/2

Discount rate= 4%

Present value factor of 20 periods at 4%= ( 1 / 1.04^20 )

Present value factor of 20 periods at 4%=0.4564

Using this formula

Present value of the par value of the bond = Future value of the bond x Present value factor =

Let plug in the formula

Present value of the par value of the bond=$50,000 x 0.4564

Present value of the par value of the bond = $22,820

Therefore the present value of the par value of the bonds is $22,820

6 0
2 years ago
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