Business, 25.10.2020 14:00, 406462

Business now employs around 20 people and demand is increasing rapidly. The partners need to invest much more capital in the business but want to avoid a lot of risk as they both have families dependent on the income from the business. Their main competitor ShoesForu plc, which has a much larger market share than N and A, and can afford expensive advertising.

Q1) what is meant by partnership?
Q2) identify two possible benefits to amel and nouran to the partnership legal structure
Q3) identify two possible benefits to shoesforu plc of being a public limited company
Q4) identify two possible drawbacks to amel and nouran to the partnership form of legal structure
Q5) if the n and a partnership business continues, recommend whether a private limited company is a suitable form of legal structure for this business. Justify your answer by considering the advantages and disadvantages of a private limited company

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 09:30, kingtrent81

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $385,000; cash paid for rent, $49,000; cash paid to employees for services rendered during the year, $129,000; cash paid for utilities, $59,000. in addition, you determine that customers owed the company $69,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,900 at year-end, and the rent payment was for a two-year period.

Answers: 1

continue

Business, 22.06.2019 23:00, terrickaimani

Investors who put their own money into a startup are known as a. mannequins b. obligators c. angels d. borrowers

Answers: 1

continue

Business, 23.06.2019 00:10, jlang8

The food services division of cedar river amusement park inc. is studying the amount families who visit the amusement park spend per day on food and drink. a sample of 40 families who visited the park yesterday revealed they spent the following amounts: see worksheet 1 for data and answer the following questions: a. organize the data into a frequency distribution, using seven classes and 15 as the lower limit of the first class. what class interval did you select? b. what percent of families spent less than $45? c. what percent of families spent $55 or more? d. how many families spent from $65 to 74.99?

Answers: 3

continue

Business, 23.06.2019 01:00, jerzie53

Gideon company uses the allowance method of accounting for uncollectible accounts. on may 3, the gideon company wrote off the $2,000 uncollectible account of its customer, a. hopkins. on july 10, gideon received a check for the full amount of $2,000 from hopkins. on july 10, the entry or entries gideon makes to record the recovery of the bad debt is

Answers: 1

continue

Do you know the correct answer?

Business now employs around 20 people and demand is increasing rapidly. The partners need to invest...