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Vinil7 [7]
2 years ago
14

Three individuals in a partnership agree to divide the profit equally. X invests $4500, Y invests $3500, and Z invests $2000. Th

e profit is $2400
Business
1 answer:
andrezito [222]2 years ago
8 0

each partner will get $ 800

<h3>What is  partner?</h3>

A partner is a member of a partnership, which is a legal entity in which the profits and losses of a business or other venture are shared by all members. Corporations prefer partnerships because of their tax structure, which eliminates dividend taxes on owner profits.

A partner is a co-owner of a partnership, which is a type of business entity recognized by the law.

Dormant/Sleeping Partner.... 3] Nominal Partner.... 4] Partner by Estoppel.... 5] Profits Only Partner.... 6] Minor Partner.

General collaboration. A general partnership is the most fundamental type of partnership.

Limited liability company. Limited partnerships (LPs) are state-authorized business entities. ...

Limited liability company...

Limited partnership with limited liability.

To know more about  partner follow the link:

brainly.com/question/25641198

#SPJ4

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Suppose you have just​ retired, have accumulated many luxury goods over the​ years, still owe a mortgage on your​ home, still ha
Pavlova-9 [17]

Answer:

review your progress, reevaluate, and revise your plan

Explanation:

Based on the information provided within the question it can be said that in this scenario the step that you have completely neglected is to review your progress, reevaluate, and revise your plan. That is because in this scenario many events have occurred, and it seems that your financial plan after retirement has not been adjusted with each and every one of these life events. Therefore it is outdated and most likely not providing the benefits it once did.

3 0
3 years ago
Iota Inc. has a freewheeling culture, whereas Axiom Inc. has a culture based on structure and discipline. The merger of these tw
erik [133]

Answer:

Cultural gap

Explanation:

The merger of Iota Inc. and Axiom Inc. will be difficult due to the presence of a culture gap. An organization's culture may not always be in alignment with the needs of the external environment. The values and ways of doing things may reflect what worked in the past. The difference between desired and actual values and behaviors is called the culture gap. Culture gaps can be immense, particularly in the case of mergers.

Hope this works!!!!!

6 0
3 years ago
June Corp. sells one product and uses a perpetual inventory system. The beginning inventory consisted of 80 units that cost $20
inn [45]

Answer: 200 units

Explanation:

Beginning inventory                                      80 units.

Company Purchases                                     <u>480 units</u>

Total                                                                560 units

Sales                                                               <u>(360 units)</u>

Ending Inventory                                            200 units

200 units remain in Ending inventory.

7 0
3 years ago
When is a goodwill impairment loss recognized? a. Annually on a systematic and rational basis. b. Never When both the fair value
gulaghasi [49]

Answer:

The correct answer is letter "C": When both the fair value of a reporting unit and its associated implied goodwill fall below their respective carrying values.

Explanation:

Impairment Loss is the decrease in an asset's net carrying value that exceeds the future undisclosed cash flow it should generate. The net carrying value is an asset's acquisition cost minus depreciation. Impairment occurs when a company sells or abandons an asset that is no longer beneficial.

Thus, <em>a goodwill impairment loss is recognized when the goodwill's net carrying value is below its fair value and the expected cash flow it was to generate.</em>

7 0
3 years ago
When a company expands by entering new business areas, it is called growth through __________?
garri49 [273]
When a company expands by entering a new business area, it is called growth through diversification. 

Diversity is the means of being different, new, exciting.. something not like another. When a business enters something new, it's called diversification because it's not like what they've done before. With this comes risk but huge growth potential.
7 0
3 years ago
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