It should be noted that a limited partnership is an agreement between at least one general partner and one limited partner.
A limited partnership can be regarded as a type of partnership that involves two or more partners entering into a business, even though there liability is amount of their investment.
However, there would be an agreement between them as regards the profits from the business.
We can conclude that limited partnership serves as an agreement that exist among at least one general partner as well as one limited partner.
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oriental Rug Company ships six handmade rugs valued at $5,000 each on consignment to Consign Design. oriental Rug Company pays $1,000 of shipping costs and agrees to accept the return of any rugs within six months of the shipping date. oriental Rug Company also agrees to pay Consign Design a commission of 10 percent for any rug sold. At the end of five months, Consign Design has sold four of the rugs for a total price of $38,000.
The total inventory and revenue value reported by Consign Design at the end of the five months is: _________
The total inventory and revenue value reported by Consign Design at the end of the five months is: 0, 3,800
What is Consignor or consigned relationship?In a Consignor/consigned relationship, the consignor maintains the inventory on the books. The consigned does not record the full revenue amount, but rather a commission based on the agreement with the consignor. In this case, even though two rugs have not sold, the two rugs that remain unsold are reported on the books of Oriental Rug Company (the consignor). The revenue recorded on Consign Design's books from the sale of the four rugs is based on the agreed-upon commission of 10 percent; therefore, $3,800 is the revenue recorded. The $34,200 (90 percent of the total sales) is payable to Oriental Rug Company and will be recorded as revenue on its books.To learn more about consigned relationship, refer to:
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the difference between a budget and a standard is that:
Answer:
A budget is a total amount, while a standard expresses only a unit amount.
Explanation:
Imagine that you are the mayor of your town. In an upcoming election, you would like the citizens to vote yes for a gambling establishment to locate in your town. Prepare a short speech encouraging the people of the town to vote yes on your proposal. (8-10 sentences)
Answer:
Although Gambling is a bit of a controversial topic, there are many upsides to the activity. The biggest problem many see with gambling is the chance of becoming addicted. Addiction is a state of mind. If you feel that you would easy become addicted, don't partake. Gambling doesn't have to be an addictive activity. Just like any activity, it is designed for fun and gain. Of course, there will be instances where you will lose, however; it is apart of the sport. As long as you are careful, you will be okay. To encourage more activities in this town, please, vote yes.
Explanation:
Typically, certain employees of an organization get texts that update them on various IT activities. If there is a support ticket or downtime, they will receive texts to let them know about the activity. They have started to receive some messages via text instructing them to call the IT help desk at the provided number. When they call the help desk number, a recording asks them for their employee ID. Assuming that the IT department did not send those texts, which of the following social engineering attacks is this?
a. Smishing
b. Whaling
c. Spimming
d. Vishing
The text represents an example of the vishing social engineering attack.
Vishing is a term to refer to the fraudulent practice that consists of the use of the conventional telephone line and social engineering to deceive people and obtain sensitive information such as financial information or information useful for identity theft.
According to the above, it can be inferred that the described situation is an example of vishing because employees are forced to call a line where they ask for private information that could put them at risk of security.
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Working capital can be defined as
A. Current assets less current liabilities
B.Capital introduced by the proprietor
C.The capital put to use by the business
D.Capital created by work done
Answer:
A. current assets less current liabilities
I think this is answer
Explanation:
hope it help you
the ceo of what company stepped down this week, after having co-founded the business and led it from 2006-2008 and from 2015-2021?
The CEO of Twittter stepped down after having co founded the business and led it from 2015 to 2021.
The CEO of twittter is Jack Dorsey. He is an American. After he stepped down, the technological app was handed over to the Chief Technological officer as his replacement.
The reason why the co-founder decided to step down was due to his plans to focus on philanthropy and also to focus on crypto currency.
This came 15 years after the company was founded.
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a $5,000 tv ad will cause 250 people to attend a show, while a $4,000 newspaper ad will cause 280 people to attend. bob wants to use the most effective method to get 500 people to attend a show. which advertising method should he use?
i will advice Bob to use the most effective method which is Newspaper advertisement for his show.
The data collected includes:
$5,000 tv ad will make 250 people to attend the show.$4,000 newspaper ad will make 280 people to attend the show.From the data, we will observe that the newspaper advert is more economical and cost saving because Bob will be able to spend less and get more people to his show in comparison to Tv ads.
In conclusion, i will advice Bob to use the most effective method which is Newspaper advertisement for his show
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On September 1, Sky Mountain Company borrowed $200,000 on a 6%, 9-month note payable to Coast National Bank. Given no previous adjusting entries have been recorded, Sky Mountain's adjusting entry four months later at December 31 would include a:
Answer:
i dont get the question
Explanation:
One method used by some analysts to estimate the future value of a stock is the dividend growth model. This model would probably be most useful in the case of A) a small-cap stock B) a AAA corporate bond C) a preferred stock D) a large-cap stock
Answer:
I am sure that it is D. a large cap stock
Explanation:
Large cap stocks already have a positive growth sentiment and
based on how much dividends are paid out they can estimate the future
value of a stock.
Borrower Noah is getting a $200,000, fixed-rate, 30-year loan at 5% interest to purchase a condominium. The monthly payment of principal and interest is $1,073. Property taxes for this property are $3,900 per year. An annual homeowner's insurance policy is $864. The monthly condo association fee is $180. What is Noah's monthly PITI payment
Noah's monthly PITI payment is $1,470.
What is the PITI payment?The PITI payment represents the periodic payment (monthly) that a borrower is required to make for principal repayment, interest payment, taxes, and insurance payments.
The PITI should not exceed 28% of a borrower's gross monthly income when the front-end and back-end ratios are computed for determining the borrower's eligbility for a loan.
Fixed-rate loan = $200,000
Loan period = 30 years
Interest rate = 5%
Monthly payment of principal and interest = $1,073
Property taxes per year = $3,900
Monthly property taxes = $325 ($3,900 ÷ 12)
Annual homeowner's insurance premium = $864
Monthly homeowner's insurance premium = $72 ($864 ÷ 12)
Monthly PITI (principal, interest, taxes, and insurance) = $1,470 ($1,073 + $325 + $72)
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the effect of an increase in the price level on the aggregate-demand curve is represented by a
Answer:
movement to the left along a given aggregate-demand curve.
Explanation:
A(n) _______ is a social responsiveness strategy in which a company admits responsibility for a problem but does the least required to meet societal expectations.
why would the federal reserve enact an easy money policy
Answer:
Easy money is a representation of how the Fed can stimulate the economy using monetary policy. The Fed looks to create easy money when it wants to lower unemployment and boost economic growth, but a major side effect of doing so is inflation.
Explanation:
One disadvantage of using a company’s tuition reimbursement program is that _______.
a.
You may have to extend your contract with the company
b.
Your ongoing education costs will rise considerably
c.
It may decrease your job satisfaction if you become more skilled
d.
Ongoing education has been proven to decrease worker motivation
One disadvantage of using a company’s tuition reimbursement program is that you may have to extend your contract with the company.
Tuition reimbursement is offered by employers as a way to pay back employees for education expenses. The people who participated still have to pay out of pocket for the courses they take. At the end of the course, the employee can get back some or all of the tuition expenses.
Answer:
is A. You may have to extend your contract with the company
Explanation: I took the test and is right
he fastest-growing sales trend is ________ that involves the use of online, mobile, and social media to engage customers, build stronger customer relationships, and augment sales performance. Personal selling Social selling Online selling Teleselling
Based on business strategy, the fastest-growing sales trend is Social Selling that involves the use of online, mobile, and social media to engage customers, build stronger customer relationships, and augment sales performance.
What is Social Selling?Social selling is method business firms use to establish one-on-one relationships with their customers as one of the strategies to enhance their sales rates.
Examples of social selling techniquesSharing appropriate contentCommunicating directly with potential consumersPersonal brandingSocial listening, etc.Hence, in this case, it is concluded that the correct answer is "Social Selling."
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The main method for disposing of municipal wastes in the United States is ___________ while _____ is the main method in Japan.
Answer:
hi
Explanation:
hi
Warmup- if you was an agent what 2 sports
you would manage and why?
Match the treatment of unrealized gains and losses on debt investments existing at the time of transfer between investment categories with the correct transfer scenario.
a. AFS or HTM to Trading AFS or HTM to Trading drop zone empty.
b. Trading to AFS or HTM Trading to AFS or HTM drop zone empty.
c. HTM to AFS HTM to AFS drop zone empty.
d. AFS to HTM AFS to HTM drop zone empty.
d. None are recognized because they already have been recognized in income.
typical capital budgeting decisions include ______ decisions.
Typical capital budgeting decisions include equipment selection, cost reduction, and lease or buy decisions.
What is budgeting?The process of making a spending plan is known as budgeting. Budget refers to this plan for spending money. Making this stimulus package enables you to estimate your financial situation in advance and decide whether we had enough resources to accomplish your goals. Simply adjusting your income and expenditures constitutes budgeting.
The procedure is examining the cash flows into and out of a project to ascertain whether the anticipated return reaches a predetermined standard. Net present value, payoff, and transit assessments are three of the main budgeting techniques. The economic viability of a capital spending can be ascertained using a number of budgetary control analysis techniques.
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The table below lists the insurance options offered by AA Auto Insurance. Calculate the monthly payment for an insurance plan including the following options: Bodily Injury: $50/100,000 Property Damage: $100,000 Collision: $500 deductible Comprehensive: $100 deductible AA Auto Insurance Type of Insurance Coverage Coverage Limits Annual Premiums Bodily Injury $25/$50,000 $22. 50 $50/100,000 $31. 75 $100/300,000 $40. 25 Property Damage $25,000 $120. 50 $50,000 $144. 75 $100,000 $193. 00 Collision $100 deductible $520. 00 $250 deductible $415. 25 $500 deductible $275. 75 Comprehensive $50 deductible $110. 25 $100 deductible $100. 00 a. $50. 04 b. $50. 90 c. $54. 31 d. $68. 73 Please select the best answer from the choices provided A B C D.
The selection of the best answer from the choices provided for an insurance premium offered by the AA Auto Insurance is a. $50. 04.
Insurance coverage is a service offered by an insurer (insurance company) to the insured. If the assured suffers some financial losses., the insurer reinstates the assured to their financial position before the event. For rendering the service, the insurance company collects from the insured some amount, monthly, quarterly, or annual charges called a premium.
Thus, based on the options given, the best insurance premium is a. $50.04.
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QuickMovers limits the size of the packages it delivers to 75 pounds. This is
an example of what type of requirement?
O A. Internal
O B. Voluntary
O C. Government
O D. External
Answer:
internal
Explanation:
i took the test
What is the price at which equilibrium is achieved? $8 $9 $10 $30.
The equilibrium of the demand and supply can be achieved at a price of $9.
What is the equilibrium position?The equilibrium is the position in the market where the demand curve and the supply curve intersects with each other at a particular point of price. At the point of equilibrium the quantity supplied and the quantity demanded are the same.
As per the graph, the demand curve shows the quantity demanded in the market at various prices in dollars while the supply curve shows the prices at which each quantity is supplied in the market.
Therefore, after examining the graph the point of intersection is at the point having the Dollar price of 9.
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