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Paraphin [41]
2 years ago
6

Which of the following statements is correct with respect to a limited partnership?

Business
1 answer:
Viefleur [7K]2 years ago
5 0

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.

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Gore Global is considering the two mutually exclusive projects below. The cash flows from the projects are summarized below.
coldgirl [10]

Answer:

D

Explanation:

Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator  

Flying Car

Cash flow in year 0 = -$200,000

Cash flow in year 1 = 50,000

Cash flow in year 2 = 50,000

Cash flow in year 3 =80,000

Cash flow in year 4 =100,000

IRR = 13%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

7 0
2 years ago
Companies that manufacture products with a very ______ product life cycle have ______ as their core competency.
Citrus2011 [14]

Answer:

short, innovation

Explanation:

Manufacturing of short product cycle have the innovation requires for competency compare to those companies that manufacture on long product cycle.

It should be noted that Companies that manufacture products with a very short product life cycle have innovation as their core competency.

4 0
2 years ago
Bill's product manager is under pressure to increase market share, but is uncertain about how to make the product more competiti
saul85 [17]

Answer:

Consider the following explanation

Explanation:

The product already enjoys relatively high awareness and accessibility therefore Increasing awareness by 5% does not need to increase market share quickly,thus A) Increase awareness by 5% is incorrect.

Re-position the product to the ideal spot within the segment shall take a lot of time for the company to grab the market share.So D) is incorrect.

Increase in unit contribution margin by decreasing the MTBF need not increase the sales in the market thus B is incorrect.

C) Lower the unit selling price to the bottom limit of the segment price range seems correct by Lowering the unit selling price to the bottom limit of the segment price range the demand shall increase for the product increasing the market share in shorter term.

3 0
1 year ago
Jaime works as a Power Plant Manager. What are some tasks that he may be involved in?
babunello [35]
A .
<span>designing systems, scheduling projects, and supervising workers</span>
6 0
2 years ago
Read 2 more answers
Mann, Inc., has a bonus plan covering all employees. The total bonus is equal to 10% of Mann’s preliminary (prebonus, pretax) in
zloy xaker [14]

Answer:

$12,500

Explanation:

Bonus = 10% x ($200,000 - taxes)

Bonus = $20,000 - 0.1T

So we must now find T:

T = 40% x ($200,000 - Bonus)

T = $80,000 - 0.4Bonus

now we can replace:

Bonus = $20,000 - 0.1($80,000 - 0.4Bonus)

Bonus = $20,000 - $8,000 + 0.04Bonus

Bonus - 0.04Bonus = $12,000

0.96Bonus = $12,000

Bonus = $12,000 / 0.96 = $12,500

7 0
2 years ago
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