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Goshia [24]
1 year ago
13

Is the following scenario a partnership? Your parents ask you to babysit your sibling for the evening and they give you a long l

ist of
instructions.
Business
1 answer:
solong [7]1 year ago
7 0

Your parents give you a large set of instructions and ask you to watch your brother for the evening. There is no collaboration in this situation.

An agreement between two or more persons to manage a business's operations and divide its assets and liabilities is known as a partnership. In a general partnership corporation, the assets and liabilities are divided equally among all of the partners.

By definition, a partnership firm consists of two or more individuals who pool their resources to create a company and agree to split the risks, rewards, and losses. Examples of common partnership businesses include law firms, medical groups, investment real estate companies, and accountancy groups.

Two or more persons are required. An agreement is required. The firm must distribute its gains. There has to be reciprocal agency.

To learn more about partnership

brainly.com/question/9909227

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Illustrate how a liberalized global economy can influence upon natural resources concerning the granting of logging franchise ri
worty [1.4K]

Answer:

l think the liberalized economy can use the natural resources to produce finished goods that help people in DRC get money through selling the finished goods that enables them get enough money to fulfill their rights like education, shelter and many more

4 0
3 years ago
Mike Carlson will receive $12,000 a year from the end of the third year to the end of the 12th year (10 payments). The discount
Virty [35]

Answer:

$60,936

Explanation:

Provided information,

$12,000 will be received at each year end from third year to 12th year end.

The discount rate provided = 10%

Therefore PVAF of 10% for third year end to 12th year end will be for $1

= \frac{1}{(1 + 0.10)^3} + \frac{1}{(1 + 0.10)^4} + \frac{1}{(1 + 0.10)^5} + \frac{1}{(1 + 0.10)^6} + ............. \frac{1}{(1 + 0.10)^1^2} = 5.078

Here 0.10 = 10% discount rate

Value for $12,000 = $12,000 \times 5.078

Present Value of $12,000 will be

= $60,936

8 0
3 years ago
_____ involve an initial public offering, private sale of stock, succession by a family member or a nonfamily member, merger wit
navik [9.2K]

Exit strategies involve an initial public offering, private sale of stock, succession by a family member or a nonfamily member, merger with another company, or liquidation of a company.

What is exit strategy?

When specified conditions either have been fulfilled or exceeded, an investor, trader, venture capitalist, or business owner would implement an exit strategy, which is a contingency plan, to liquidate their position in one or more financial assets or to sell tangible company assets.

Why exit strategy is important?

Creating a smooth transition for your management team and other stakeholders. Generating a potential income for retirement or disability. Enhancing the future worth of your business. Reducing or deferring the potential tax impact on your estate, spouse or family.

Learn more about exit strategy: brainly.com/question/9963253

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6 0
1 year ago
A commercial bank has $50 million in checkable-deposit liabilities and $10 million in actual reserves. The required reserve rati
Lilit [14]

The bank’s excess reserves are $6 million.

The required reserve ratio is 8%. It means that banks should keep 8% in their deposits as required reserves. The bank has a deposit of $50 million. It means it has to maintain only $4 million(50×0.08 )i.e 8% of 50 million,  as a required reserve. Excess reserves are the reserve, over and above required reserves. If overall reserves are 10 million and required reserves are only 4 million then excess reserve =6 million (10 -4)

The reserve ratio is the portion of reservable liabilities that business banks must keep onto, rather than lend out or invest. this is a requirement decided with the aid of the country's primary bank, which in America is the Federal Reserve. it is also known as the cash reserve ratio.

A reserve assets ratio for a bank which units the minimal liquid reserves that a bank ought to hold in the event of a sudden boom in withdrawals. A high reserve property ratio may limit the lending that a bank is able to do – it must maintain better amounts of cash.

Learn more about reserve ratio here brainly.com/question/13758092

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5 0
1 year ago
You might improve your _________ by creating a company newsletter, Web site, and blog, or by participating on a social media sit
olga2289 [7]

The answer is probably a key word in the lesson material that you are forgetting, and since I have not read your lesson material I can't be sure what the wording is. But all those things have to do with advertising, so best guess is Market exposure or something like that. If that jogs your memory about a key phrase that you learned in the lesson material then go with that though. Goodluck!

8 0
3 years ago
Read 2 more answers
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