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 03:00, brarob340

Tina is applying for the position of a daycare assistant at a local childcare center. which document should tina send with a résumé to her potential employer? a. educational certificate b. work experience certificate c. cover letter d. follow-up letter

Answers: 1

continue

Business, 22.06.2019 07:30, mdndndndj7365

Which of the following best describes why you need to establish goals for your program?

Answers: 3

continue

Business, 22.06.2019 10:20, LadyHolmes67

Sye chase started and operated a small family architectural firm in 2016. the firm was affected by two events: (1) chase provided $25,000 of services on account, and (2) he purchased $2,800 of supplies on account. there were $250 of supplies on hand as of december 31, 2016. record the two transactions in the accounts. record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. post the entries in the t-accounts and prepare a post-closing trial balance.

Answers: 1

continue

Business, 22.06.2019 16:30, emmmssss21

Bernard made a gift of $500,000 to his brother in 2014. due to bernard’s prior taxable gifts he paid $200,000 of gift tax. when bernard died in 2019, the applicable gift tax credit had increased. at bernard’s death, what amount related to the $500,000 gift to his brother is included in his gross estate?

Answers: 3

continue

You know the right answer?

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