What is a new partner?
A new partner is entitled to be a part of the future profits of the firm upon being added to the firm. The act of admitting new partner also leads to the reduction in the future profit sharing ratio of the existing partners. For this reason a new partner has to bring extra value apart from capital, this is known as Premium for Goodwill.
When is goodwill treated on admission of a new partner?
Treatment of goodwill on admission of a new partner will be based on the following conditions: When the amount for goodwill is paid privately. When the amount necessary for paying the share of goodwill is brought as cash. When share of goodwill is not brought as cash.
What is a business firm seeking new partners?
A business firm seeks new partners with business expansion being one of the driving motives. As per the Partnership Act, 1932, a new partner can be admitted into the firm with the consent of all the existing partners, unless otherwise agreed upon.
What is the role of a nurse in a PID patient?
While caring for a patient hospitalized with PID, the nurse has to reduce the risk of the systemic spread of pathogenic microorganisms. The nurse also has to monitor the symptoms to detect, manage, and to minimize sepsis if it occurs. The patient must also be advised to keep her upper body elevated.
Do women with condylomata acuminata need a Pap smear?
Women with condylomata acuminata are at risk for cancer of the cervix and vulva. Yearly Pap smears are very important for early detection.
