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Temka [501]
1 year ago
15

Unlike sole proprietorship and partnerships, the corporation has a life independent of its owners and officers. true or false

Business
1 answer:
musickatia [10]1 year ago
5 0

Unlike sole proprietorship and partnerships, the corporation has a life independent of its owners and officers. This statement is true.

<h3>What is Partnership?</h3>
  • In a partnership, parties who are referred to as business partners agree to work together to further their shared objectives. Individuals, companies, interest-based organizations, schools, governments, or combinations of these may be the partners in a partnership.
  • Organizations may work together to expand their reach and increase the likelihood that each will succeed in reaching their goals.
  • A partnership may solely be controlled by a contract, or it may issue and hold stock. Business: Two or more businesses collaborate in a joint venture, a buyer-supplier arrangement, a strategic alliance, or a consortium to: I work on a project (such as an industrial or research project) that would be too difficult or risky for a single entity; and (ii) join forces to have a stronger position on the market.

To learn more about partnership with the given link

brainly.com/question/19988417

#SPJ4

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How physical asset valuation (PAV) and research and
stellarik [79]

Answer:

We'll take this one after the other.

A. First Physical Asset Valuation (PAV) refers to the act of writing up or writing down the carrying value of an organisations assets in its balance sheet.

In simple terms, it refers to increasing upwards or downwards the value of an organisations asset in its balance sheet.

When assets are written down, the following are likely to occur:

Critical changes to an organization’s business model or strategy, such as termination of the business and  loss of a regulatory licence;

A significant reduction in the cash flow or bottom line of the business;

when the long term growth rates, interest rates or other financial factors such as prices or value of currencies, upon which a business valuation based decline, this impacts the valuation of an asset negatively.

   

B. Research and  Development (R&D)

R&D refers to all the studies, scientific investigations and experiments carried out to enable the discovery and creation of a new or innovative product or service that is more efficient and effective.  

       

The reason there is a risk associated with R&D is that there are usually many elements of uncertainty.  

The ideas being tested are usually novel and have not been tried before.  

Some of the risks associated with R&D are:

the possibility that the new product will fail in the market;

a new product or service that is does not work

the possibility of cost creep. That is a situation where the cost of the R&D outweighs the potential profit from the product or service.

Cheers!

6 0
3 years ago
What is bank run ? in your own words.​
postnew [5]

Answer:

A bank run occurs when many clients withdraw their money from a bank, because they believe the bank may cease to function in the near future

Explanation:

A bank run occurs when many clients withdraw their money from a bank, because they believe the bank may cease to function in the near future

8 0
3 years ago
People joined together in 4.
Thepotemich [5.8K]
C. partnership
the answer will be c because more then one person comes in hand with partner
7 0
2 years ago
What is a renewal date
Allushta [10]
Full Definition<span> of </span>renewal<span>.
 1 : the act or process of </span>renewing<span> : repetition.
 2 : the quality or state of being </span>renewed<span>.
Hope that this helps you! =)</span>
8 0
2 years ago
Read 2 more answers
The following information is available for Barkley Company: 2017 2016 Accounts receivable $ 360,000 $400,000 Inventory 280,000 3
lubasha [3.4K]

Answer:

4.0 times

Explanation:

Given that,

2016:

Accounts receivables = $400,000

Inventory = 320,000

Net credit sales = 1,400,000

Cost of goods sold = 1,060,000

Net income = 170,000

2017:

Accounts receivables  = $360,000

Inventory = 280,000

Net credit sales = 3,000,000

Cost of goods sold = 1,200,000

Net income = 300,000

Inventory turnover ratio refers to the ratio between the cost of goods sold and average inventory.

Average inventory:

= (Beginning inventory + Ending inventory) / 2

= ($320,000 + $280,000) / 2

= $300,000

Therefore, the inventory turnover ratio for 2017 is as follows:

= Cost of goods sold / Average inventory

= 1,200,000 / 300,000

= 4.0 times

6 0
3 years ago
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