Answer: option D
Explanation: A Limited liability partnership is an ownership style which exhibits characteristics of both partnership and corporations. This was implemented for the benefit of business entities and for the ease of owners.
a. In a limited liability a limited partner will never be personally liable for the debts.
b. A general partner can be a limited partner as long as there are two legal partners.
c. A general partner cannot be a secured creditor as he will always have unlimited liability.
d. A Limited liability partnership is the form of partnership in which some or all of the partners have limited liability.
Answer:
B. False
Explanation:
Land held for possible plant expansion would NOT be included as an operating asset when computing return on investment (ROI).
Return on investment (ROI) is used to measure the profitability of an investment. It helps to compare the gain or loss from an investment in relation to its cost.
Return on investment can be used to determine
1. Profitability of a stock investment,
2. Profitability of the purchase of a business investment
3. Profitability of a real estate business
ROI = Net return / cost of investment × 100
Net return= Final value of investment - initial value of the investment
Answer:
C. <u>at least several</u>
Explanation:
Competitive advantage refers to a favorable situation or position a business enjoys over it's competitors owing to it's specialization or strength in performing a specific operation.
For example, in case of telecommunication, one company's competitive advantage could be superior network coverage with lower call drops than it's competitors.
In order to survive and grow, a business should try and gain competitive advantages in at least several fields and yet at the same time retain and maintain those competitive advantages over a period.
Answer:
1.39
Explanation:
Data provided
Operating cash flow = 4.6%
Average occupancy rate = 3.3%
The computation of degree of operating leverage is shown below:-
Degree of operating leverage = Operating cash flow ÷ Average occupancy rate
= 4.6% ÷ 3.3%
= 0.046 ÷ 0.033
= 1.39
Therefore the correct answer is 1.39. so the option is not available and for computing the degree of operating leverage we simply applied the above formula.
Answer:
The total March sales that Kittyz anticipated is $100,000.
Explanation:
The details of beginning and ending inventory are irrelevant for sales; they are relevant only for production quantity.
total March sales for Kittyz anticipated = 20000*$5
= $100,000
Therefore, The total March sales that Kittyz anticipated is $100,000.
