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3 years ago

Raymond and his brother decided to open a computer shop together. This is an example of which type of business structure

Business

2 answers:

Lemur [1.5K]3 years ago

7 0

Answer:

Explanation:

joint business

Yuliya22 [10]3 years ago

6 0

Answer:

Explanation:

It is called a general partnership business structure.

It can also be called a Joint Venture.

General partnerships are formed when two or more people agree to enter into business together to make a profit.

The result can often be a strong union that blends complementary skills, financial resources, customers and connections to help the venture succeed.

But sometimes, the business venture can fail, their relationship can turn sour which will leave the joint venture apart while both parties drop the business idea and look elsewhere.

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Jessica is trying to get a credit card. She has a credit score of 790. How is Jessica’s lender likely to view this credit score?

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A.) Jessica is low risk and will pay her outstanding balances on time.

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3 years ago

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Which of the following is a lasting impact resulting from 20th-century banking reforms in the United States

tresset_1 [31]

The lasting impact resulting from 20th-century banking reforms in the United States is "the reforms approved the Board to determine reserve requirements and interest rates for deposits at member bank."

The banking reforms made in the 20th century in the United States are many, and many of these reforms are still applicable today.

Some of the lasting effects of these reforms include the following:

The Board of Governors to determine the monetary policy.

The reforms established the Federal Deposit Insurance Corporation.

The reforms also separate commercial banks from investment banks.

Hence, in this case, it is concluded that the many banking reforms made in the 20th century still exist today.

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3 years ago

Describe in detail the goals you have for this unit. 2. describe how this unit will help you in your professional development .

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3 years ago

A company purchased factory equipment on April 1, 2021 for $175000. It is estimated that the equipment will have a $25000 salvag

bija089 [108]

Answer:

b. $11250

Explanation:

Capitalized Cost of Equipment = $175,000

Life of Assets = 10 years

Residual value = $25,000

Depreciable value = Cost - Salvage value

Depreciable value = $175,000 - $25,000

Depreciable value = $150,000

Depreciation per year = Depreciable value / Life of assets

Depreciation per year = $150,000/10 years

Depreciation per year = $15,000

Depreciation from April to December 2021 = $15,000*9/12

Depreciation from April to December 2021 = $11,250

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3 years ago

The ACogs-153 company has provided the following data for the month of May: Inventories: Beginning Ending Work in process $ 24,0

meriva

Answer:

$209,000

Explanation:

Schedule of Cost of goods manufactured

Particulars Amount

Direct materials $64,000

Direct labor cost $94,000

Manuf. overhead cost applied to WIP $68,000

Total manufacturing costs $226,000

Add: WIP Inventory, Beginning $24,000

Less: WIP Inventory, Ending $19,000

Cost of goods manufactured $231,000

Add: Beginning Finished goods $53,000

Less: Ending Finished goods $57,000

Unadjusted cost of goods sold $207,000

Add: Underapplied manuf. overhead $2,000 ($70,000-$68,000)

Adjusted cost of goods sold $209,000

4 0

3 years ago