Answer:
The correct option is b. a limited liability partnership.
Explanation:
Limited liability partnerships (LLPs) are a type of partnership in which each partner's liability is limited to the amount invested in the company.
Limited liability means that creditors cannot seize a partner's personal assets or income if the partnership fails.
Spreading risk, leveraging individual abilities and knowledge, and establishing a division of labor are all advantages of having business partners.
Some of the professional businesses in which LLPs are common include accounting firms, legal firms, and among others.
Therefore, the correct option is b. a limited liability partnership.
Cost of goods sold assuming LIFO would be $1,653.
It is a technique used to account for stock. under LIFO, the charges of the maximum current merchandise bought are the first to be expensed. LIFO is used best within the governed via the generally usual accounting concepts.
Determine the inventory cost of our oldest stock and multiply that fee with the aid of the quantity of inventory bought, whereas to calculate LIFO decide the fee of your maximum recent stock and multiply it by using the amount of inventory bought.
explanation;
Records for Dunbar Incorporated revealed the following:-
Cost of goods sold = (320 × $2.51) + (360 × $2.36)
Cost of goods sold = $803.2 + $849.6
Cost of goods sold = $1,653
Disclaimer:- your question is incomplete, please see below for complete questions
Beginning inventory 470 $2.36 Apr.
20 Purchase 320 2.51 Dunbar sold 680 units of inventory during the month. Cost of goods sold assuming LIFO would be?
Learn more about inventory here:- brainly.com/question/24868116
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Answer:
Iron and copper
Explanation:
In terms of revenue, iron ore and copper are the most profitable segments of many of the world's leading diversified mining companies
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