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Ʌɐpɐʎ Ɐuɐɥsɹɐp . 6 years, 11 months ago
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Ʌɐpɐʎ Ɐuɐɥsɹɐp . 6 years, 11 months ago
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Sakshi Sharma ??️??️??️ 6 years, 11 months ago
Posted by Sakshi Sharma ??️??️??️ 6 years, 11 months ago
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Gaurav Seth 6 years, 11 months ago
Operating Profit = Revenue – (Labour+cost of goods sold+expenses incurred in the normal course of business)
Posted by @@Ditya ®°@Thore????? 6 years, 11 months ago
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Sandeep Yadav 6 years, 11 months ago
Gaurav Seth 6 years, 11 months ago
Thermal Equilibrium
- Two systems are said to be in thermal equilibrium if the temperatures of the two systems are equal.
- In mechanics if the net force on a system is zero, the system is in equilibrium.
- In Thermodynamics equilibrium means all the macroscopic variables (pressure, temperature and volume) don’t change with time. They are constant throughout.
For Example: -
- Consider two bodies at different temperatures one is at 300C and another at 600C then the heat will flow from body at higher temperature to the body at lower temperature.
- Heat will flow till both bodies acquire same temperature.
- This state when there is no heat flow between two bodies when they acquire the same temperature is known as thermal equilibrium.
Posted by Amit Kandari 6 years, 11 months ago
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Gaurav Seth 6 years, 11 months ago
Unlimited liability, which typically exists in general partnerships and sole proprietorships, indicates that whatever debt accrues within a business – whether the company is unable to repay or defaults on its debt – each of the business’ owners is equally responsible and personal wealth could reasonably be seized to cover the balance owed.
Yogita Ingle 6 years, 11 months ago
Unlimited liability refers to the legal obligations general partners and sole proprietors because they are liable for all business debts if the business can’t pay its liabilities. In other words, general partners and sole proprietors are responsible for paying off all of the company debts personally if the company can’t make its payments.
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