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3 years ago

What is a private club tabc

2 answers:

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What is a Private Club? ... When you enroll in our online TABC certification course, you will learn that in a private club alcoholic beverages may be served only to and consumed only by a member, a member's family or a guest who is brought to the club by the member.

ankoles [38]3 years ago

4 0

Answer:

It's a class to take for certifications as a private club.

Explanation:

One of the topics we discuss in both our on-site and online TABC certification class is that of “private clubs.” When I use that term I’m not only referring to establishments with a DJ and loud music. I’m also referring to any establishment that is required by law to operate as a “private club.”

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Consultants notified management of Goo Goo Baby Products that a crib toy poses a potential health hazard. Counsel indicates that

Vlad1618 [11]

Answer:

Income statement will have an increased expense of $4.8 million and Revenue and cost of goods sold will decrease. In balance sheet the inventory will be decreased by the amount of crib toy inventory available.

Explanation:

Income Statement will show an expense of $4.8 million in this period as the cost of recall of inventory due to health hazard. Also sales and cost of goods sold will decrease by the amount of sales of crib toy in sales and by the amount of crib toys cost in cost of goods sold and will ultimately result in decrease in a gross profit of a company.

In the Balance Sheet the amount of Inventory will be decreased by the amount of crib toys available in stock.

8 0

3 years ago

Selma owns a roofing business. She enjoys being her own boss, but her satisfaction comes at a price. Her days are filled with or

Basile [38]

Answer:

D. Sole proprietorship.

Explanation:

We know it's definitely is a sole proprietorship because of 'unlimited personal liability' which is a key characteristic.

Selma's business is not a joint venture because she is the only person who invested and runs the business whereas a joint venture is created by two or more entities or 'shared ownership'

Nor is it a corporation for this is an 'organization' owned and manned by many people but is regarded as a single entity. Neither is her business an s corporation because that just the same as a corporation but just with different tax regulations.

3 0

3 years ago

If you know the unit prices of two different brands of an item, you are better able to:

erastovalidia [21]

Answer:

Explanation:

Compare the prices. You can tell which item cost less per unit and is the best deal.

8 0

3 years ago

Which of the following is NOT a basic assumption of perfect competition? A. Production is characterized by significant economie

Alex17521 [72]

Answer: Production is characterized by significant economies of scale is not an assumption of perfect competition (A)

Explanation:

A perfect competition is a form of market structure that has many buyers and may sellers. In a perfect competition, there is a free entry and exit for producers as there is no barrier.

Also, firms are price takers as no producer can influence the price of the goods in the market unlike in an imperfect competition which is a price maker as producers can influence price. Firms also sell identical products that are the same in quality, size etc.

In a perfect competition, production is not characterized by significant economies of scale. That is an assumption that can be found in monopoly.

Therefore, option A is the right answer.

7 0

3 years ago

Xavier and Yolanda have original investments of $50,000 and $100,000, respectively, in a partnership. The articles of partnershi

tensa zangetsu [6.8K]

Answer:

=$59,000.00

Explanation:

Original investments:

Xavier: $50,000.00

Yolanda $ 100,000.00

Allowances:

Xavier: $ 34,000.00

Yolanda : $ 26,000.00

Income at $120,000.00

Xavier allocation will be:

Calculating interest on the original investment

Xavier =20/100x $50,000.00 =$10,000.00

Yolanda=20/100 x$100,000.00 = $20,000.00

Total interest on original investments = $30,000.00

Total allowances = $34,000+$26000=$60,000.00

Shareable income= $120,000.00- ($30,000+$60,000)

= $30,000

each gets $15,000.00

Xavier will get $ 15,000 + $ 10,000 +$ 34,000

=$59,000.00

5 0

3 years ago