subject
Business, 11.10.2019 04:00 leeenaaa95

Downs, frey, and vick formed the dfv general partnership to act as manufacturers' representatives. the partners agreed downs would receive 40% of any partnership profits and frey and vick would each receive 30% of such profits. it was also agreed that the partnership would not terminate for five years. after the fourth year, the partners agreed to terminate the partnership. at that time, the partners' capital accounts were as follows: . downs, $20,000; frey, $15,000; and vick, $10,000. there also were undistributed losses of $30,000. if frey died before the partnership terminated,
a. downs and vick, as a majority of the partners, would have been able to continue the partnership. b. the partnership would have continued until the 5-year term expired. c. the partnership would automatically dissolve. d. downs and vick would have frey's interest in the partnership.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 06:40
As a finance manager at allsports communication, charlie worries about the firm's borrowing requirements for the upcoming year. he knows the benefit of estimating allsports' cash disbursements and short-term investment expectations. facing these concerns, a(n) would provide charlie with valuable information by providing a good estimation of whether the firm will need to do short-term borrowing. capital budget cash budget operating budget line item budget
Answers: 3
question
Business, 22.06.2019 11:10
Your team has identified the risks on the project and determined their risk score. the team is in the midst of determining what strategies to put in place should the risks occur. after some discussion, the team members have determined that the risk of losing their network administrator is a risk they'll just deal with if and when it occurs. although they think it's a possibility and the impact would be significant, they've decided to simply deal with it after the fact. which of the following is true regarding this question? a. this is a positive response strategy.b. this is a negative response strategy.c. this is a response strategy for either positive or negative risk known as contingency planning.d. this is a response strategy for either positive or negative risks known as passive acceptance.
Answers: 2
question
Business, 22.06.2019 11:20
You decided to charge $100 for your new computer game, but people are not buying it. what could you do to encourage people to buy your game?
Answers: 1
question
Business, 22.06.2019 12:20
Bdj co. wants to issue new 22-year bonds for some much-needed expansion projects. the company currently has 9.2 percent coupon bonds on the market that sell for $1,132, make semiannual payments, have a $1,000 par value, and mature in 22 years. what coupon rate should the company set on its new bonds if it wants them to sell at par?
Answers: 3
You know the right answer?
Downs, frey, and vick formed the dfv general partnership to act as manufacturers' representatives. t...
Questions
question
Mathematics, 11.10.2020 14:01
Questions on the website: 13722362