Homework Answers
A partnership is a firm with two or more owners who have unlimited liability in the market in case of a loss. The answer is "C".
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Ricky and Lucy want to open a fitness club and operate it as a partnership. What is a partnership? who have liabili...
QUESTION 2 59 60 61 62 63 64 65 Lucy and Ricky have been married for...
QUESTION 2 59 60 61 62 63 64 65 Lucy and Ricky have been married for 27 years. They have one child, Ricky Jr., who is -20- years old and a full-time student. Ricky and Lucy were having marital problems, and in March, Ricky left their home and has not been heard from or seen of since. Lucy continued to maintain the home and provided more than 50% to support Ricky Jr. What is the best filing status for Lucy?...
A business entity formed by two or more individuals who each have unlimited liability for business...
A business entity formed by two or more individuals who each have unlimited liability for business debts is called a A. corporation. B. sole proprietorship. C. general partnership. D. limited partnership. E. limited liability company.
please answer all 3!! QUESTION 22 Mitsubish has a 10 year interest rates with LP. Morkan....
please answer all 3!!
QUESTION 22 Mitsubish has a 10 year interest rates with LP. Morkan. The notional principalis 500 milion, Misub has the flowing rate side of the swap and is paying LIBOR JP Morgan has the foredrate side and is paying Assume that rest year, LIBORIS 425%. The net payment at that date will be 1. Morgan pays MSUN SS.000.000 D Mitsubishi Morgan 1507.500.000 Mitsubishy P. Morgan $2.500.000 Mitsubishi pays. Morgan 3.750,000 O JP Morgan pays Mes 13.750.000...
The firm type that involves sole decision maker power for the owner, unlimited liability for the...
The firm type that involves sole decision maker power for the owner, unlimited liability for the owner. limited ability to raise money, and ends with the death of an owner is sole proprietorship m partnership. O corporation. all of the above. 0 none of the above. Question 2 4 pts The partnership firm type has a complex decision making process, but also has unlimited liability for the owners and is dissolved with the death of one of the owners. True...
Pass Task3. Read the following narrative: Jims Gyms have a number of fitness clubs. Each club has a name, establishment date, and a description. Clients (who have an ID and name) can join one or more...
Pass Task3. Read the following narrative: Jims Gyms have a number of fitness clubs. Each club has a name, establishment date, and a description. Clients (who have an ID and name) can join one or more of these fitness clubs. As a client joins a club, the date that the client joined is to be recorded Draw an ERD based on this information. Expand all M:M relationships. Do not introduce any surrogate keys. The ERD may be neatly hand drawn...
E12-1 Mark Rensing has prepared the following list of statements about partnerships.
E12-1 Mark Rensing has prepared the following list of statements about partnerships. 1. A partnership is an association of three or more persons to carry on as co-owners of a business for profit. 2. The legal requirements for forming a partnership can be quite burdensome. 3. A partnership is not an entity for financial reporting purposes 4. The net income of a partnership is taxed as a separate entity. 5. The act of any partner is binding on all other partners, even when partners perform...
(13) A partnership that consists of two classes of partners, one that participates in management of the company and...
(13) A partnership that consists of two classes of partners, one that participates in management of the company and have unlimited liability, and another that does not participate in management and whose liability is limited to a stated amount is a: a. limited partnership b. general partnership c. limited liability partnership d. mutual agency (14) A partnership where all partners may participate in management of the company, but whose personal liability is limited to that resulting from their own actions...
E12-1 Mark Rensing has p ing has prepared the following list of statements about partnerships. bin...
E12-1 Mark Rensing has p ing has prepared the following list of statements about partnerships. bin is an association of three or more persons to carry on as co-owners of a business for profit. 2. The legal requirements 5. The act of any partner is bin uirements for forming a partnership can be quite burdensome. artnership is not an entity for financial report fa partnership is taxed as a separate entity. The net income of a partnership is taxed ny...
Which of the following statements is CORRECT? a. Relative to sole proprietorships, corporations generally face fewer...
Which of the following statements is CORRECT? a. Relative to sole proprietorships, corporations generally face fewer regulations, and they also find it easier to raise capital. Stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. There is no good reason to expect a firm's stockholders and bondholders to react differently to the types of assets in which it C. invests. Bondholders should...
5. Many long-term care policies provide benefits for occasional full-time care so that family members who...
5. Many long-term care policies provide benefits for occasional full-time care so that family members who are providing home care can take a needed break. Such a benefit is referred to as A. respite care B. care coordination C. adult day care D. intermediate care 8. Both Mary and her friend have personal auto policies (PAPs). If Mary is involved in an auto accident while driving her friend's car, how do the two PAPs coordinate their liability coverage (Part A)?...
QUESTION 2 59 60 61 62 63 64 65 Lucy and Ricky have been married for 27 years. They have one child, Ricky Jr., who is -20- years old and a full-time student. Ricky and Lucy were having marital problems, and in March, Ricky left their home and has not been heard from or seen of since. Lucy continued to maintain the home and provided more than 50% to support Ricky Jr. What is the best filing status for Lucy?...
please answer all 3!!
QUESTION 22 Mitsubish has a 10 year interest rates with LP. Morkan. The notional principalis 500 milion, Misub has the flowing rate side of the swap and is paying LIBOR JP Morgan has the foredrate side and is paying Assume that rest year, LIBORIS 425%. The net payment at that date will be 1. Morgan pays MSUN SS.000.000 D Mitsubishi Morgan 1507.500.000 Mitsubishy P. Morgan $2.500.000 Mitsubishi pays. Morgan 3.750,000 O JP Morgan pays Mes 13.750.000...
The firm type that involves sole decision maker power for the owner, unlimited liability for the owner. limited ability to raise money, and ends with the death of an owner is sole proprietorship m partnership. O corporation. all of the above. 0 none of the above. Question 2 4 pts The partnership firm type has a complex decision making process, but also has unlimited liability for the owners and is dissolved with the death of one of the owners. True...
Pass Task3. Read the following narrative: Jims Gyms have a number of fitness clubs. Each club has a name, establishment date, and a description. Clients (who have an ID and name) can join one or more of these fitness clubs. As a client joins a club, the date that the client joined is to be recorded Draw an ERD based on this information. Expand all M:M relationships. Do not introduce any surrogate keys. The ERD may be neatly hand drawn...
(13) A partnership that consists of two classes of partners, one that participates in management of the company and have unlimited liability, and another that does not participate in management and whose liability is limited to a stated amount is a: a. limited partnership b. general partnership c. limited liability partnership d. mutual agency (14) A partnership where all partners may participate in management of the company, but whose personal liability is limited to that resulting from their own actions...
E12-1 Mark Rensing has p ing has prepared the following list of statements about partnerships. bin is an association of three or more persons to carry on as co-owners of a business for profit. 2. The legal requirements 5. The act of any partner is bin uirements for forming a partnership can be quite burdensome. artnership is not an entity for financial report fa partnership is taxed as a separate entity. The net income of a partnership is taxed ny...
Which of the following statements is CORRECT? a. Relative to sole proprietorships, corporations generally face fewer regulations, and they also find it easier to raise capital. Stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. There is no good reason to expect a firm's stockholders and bondholders to react differently to the types of assets in which it C. invests. Bondholders should...
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