What is the difference between a general and a limited partnership?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (14 reviews)
A general partnership is owned by general partners who are e...View the full answer
Answered By
Benish Ahmad
I'm a professional software engineer. I'm lectutrer at GCUF and I have 3 years of teaching experience. I'm looking forward to getting mostly computer science work including:
Programming fundamentals
Object oriented programming
Data structures
object oriented design and analysis
Database system
Computer networks
Discrete mathematics
Web application
I am expert in different computer languages such as C++, java, JavaScript, Sql, CSS, Python and C#. I'm also have excellent knowledge of essay writing and research. I have worked in other Freelancing website such as Fiverr and Upwork. Now I have finally decided to join the SolutionInn platform to continue with my explicit work of helping dear clients and students to achieve their academic dreams. I deliver plagiarism free work and exceptional projects on time. I am capable of working under high pressure.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Management Leadership questions
-
What is the difference between a general and limited partner?
-
What is the difference between a general partnership and a limited liability company? When might each type of entity be used? Why?
-
What is the difference between a refrigerator and a heat pump?
-
In schema normalisation, is Boyce-Codd Normal Form (BCNF) always to be preferred over 3rd Normal Form (4NF)? Explain your answer. [5 marks] 8 (TURN OVER) CST.2004.7.4 8 Economics, Law and Ethics (a)...
-
Using GSS10SSDS, repeat the SPSS demonstration, selecting 25%, 50%, and 75% samples and requesting descriptives for MAEDUC and PAEDUC. Compare your descriptive statistics with descriptives for the...
-
During periods of hyperinflation, prices increase rapidly over short periods of time. In 1993, the Consumer Price Index (CPI) in Brazil was 113.6 billion. In 1994, the CPI was 2472.4 billion. (a)...
-
Suppose $X_{1} \sim N(10,25)$ and $X_{2} \sim N(5,4)$ in a population. You randomly select 100 samples from the population and assign treatment $A$ to half of the sample and $B$ to the rest. Simulate...
-
In the current year, Wilson Enterprises, a calendar year taxpayer, suffers a casualty loss of $90,000. How much of the casualty loss will be deductible by Wilson under the following circumstances? a....
-
Lagoon Plc's Directors are planning to instigate the removal of its auditors, KPNG due to their inability to deliver "quality audit works". However, the Audit Manager has insisted that this move by...
-
1. Joe earns $39,000 per year, and he's paid monthly. His employer offers a 401(k) plan with 50% matching up to 9% of salary. What is the minimum amount of money that Joe needs to contribute to his...
-
How does unlimited liability put a business owner at risk?
-
What is a closely held corporation, and why do some companies choose this form of ownership?
-
How do small banks differ from large banks in the composition of their capital accounts and in the total volume of capital they hold relative to their assets? Why do you think these differences exist?
-
Since the calculation of the employee and employer's required contribution to a defined benefit plan is not done by calculating the contribution required for each employee, the government has devised...
-
On March 31, 2022, Lily's Green Thumb's checkbook shows a balance of$55,500 and her customers still owe her $15,000. During the period, the business collected $60,000 from customers. The checkbook...
-
FCF for firm Canyon Shopping Center (CSC) is listed in the table . After year 4 FCF is expected to grow at a constant rate of 2%. The weighted average cost of capital for CSC is 7%. If cash = $10...
-
Content Area During the year, Illuminate Corporation applied factory overhead costs of $320,000 to production. At the end of the year, total overapplied factory overhead is $12,000. What was the...
-
One of your co-workers asks you to explain why the credit line's interest rate is different from the effective cost of the line. Explain in detail.
-
Solve Problem 1.8 by use of rectangular components. Problem 1.8 Using the graphical method, find the resultant of the following two displacements: 2.0 m at 40 and 4.0 m at 127, the angles being taken...
-
Distinguish between the work performed by public accountants and the work performed by accountants in commerce and industry and in not-for-profit organisations.
-
James Joule (after whom the unit of energy is named) claimed that the water at the bottom of Niagara Falls should be warmer than the water at the top, \(51 \mathrm{~m}\) above the bottom. He reasoned...
-
Which of the following is not true about FICA taxes? a. The FICA tax has two parts, Social Security (Old Age, Survivors, and Disability Insurance) and Medicare. b. In 2022, the maximum wage base for...
-
Lamden Company paid its employee, Trudy, wages of $63,000 in 2022. Calculate each of the following: Social Security withheld from Trudys wages, Medicare withheld from Trudys wages, Social Security...
-
Using the information from Question 30, what is Oscars basis on his new building? a. $130,000 b. $132,000 c. $140,000 d. $142,000 Question 30 Oscar owns a building that is destroyed in a hurricane....
-
Apple has purchased land for $500,000 for their new factory. They make a down payment of $100,000, and the remainder is financed at (AAA+10) percent compounded semi-annually with semi-annual payments...
-
Task: Sarah is a 32 year old accounting executive who recently married her partner of 6 years, Austin. Sarah and Austin have decided they would like to try for a baby. Sarah has concerns around her...
-
Suppose CORP generates $100M in revenue by selling products currently in the firm's inventory. The sales are paid in cash and have a COGS of $80M. What is the effect of these sales on CORP's NOPAT...
Study smarter with the SolutionInn App