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fredd [130]
3 years ago
5

What does partnership form of business imply

Business
2 answers:
stiks02 [169]3 years ago
7 0
The answer should be two or more and central
seropon [69]3 years ago
5 0

Answer:

In a partnership, <u>TWO OR  MORE</u> individuals come together to do business. The two types of partnerships are general and <u>LIMITED</u>.

Explanation:

The main characteristics of general partnerships are:

  1. group ownership
  2. unlimited personal liability
  3. easily formed and managed by owners  
  4. pass-through federal income taxation

The main difference between a general partnership and a limited partnership is that limited partnerships limit investors' liability to the amount of money invested. Limited partnerships are a separate legal entity from their owners.

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A pair of jeans cost $25 in the U.S. and 1600 dinar in Algeria. If the nominal exchange rate is 75 dinar per U.S. dollar, then t
gregori [183]

Answer:

1.172 US pair of jeans/Algeria pair of jeans

Explanation:

The real exchange rate correlates the price of the same good in two different countries. In this case, the good is a pair of jeans.

The real exchange rate is given by:

RER=Nominal\ Rate*\frac{Cost\ of\ jeans(US)}{Cost\ of\ jeans(Algeria)} \\RER = \frac{75\ dinar}{\$}* \frac{\$25}{1600}\\ RER = 1.172\ US\ jeans/Algeria\ jeans

The real exchange rate is 1.172 US pair of jeans/Algeria pair of jeans.

5 0
3 years ago
The Parks and Recreation Department of Burkett County estimates the initial cost of a river park to be $2,200,000, annual upkeep
asambeis [7]

Answer:

B/E ratio 1.2356

Explanation:

B/E = \frac{PV \: cash-flow}{initial \: cost\: + operating \: cost \: PV}

300,000 - 43,000 = 257,000

257,000/0.04 = 6,425,000

initial cost 2,200,000

unkeep cost 120,000/0.04 = 3,000,000

6,425,000/(2,200,000+3,000,000) = 1.235576923

Note we are given a discount rate, which means the upkeep, benefits and disbenefits are perpetual.

4 0
3 years ago
The concept of "continuous improvement" is an effective method of examining costs because ______ .
alexira [117]
The answer to this question is <span>costs will be analyzed on an ongoing basis.
Which means that the calculation will be made with the assumption that the company is committed to expanding their business.
Without continuous improvement method, companies will overlook several assets that could still be used after one financial period is over.

</span>
7 0
4 years ago
Ash is the preferred wood to be used in the production of baseball bats. If a company was to buy the rights to harvesting the as
kati45 [8]

Answer:

C. control of resources

4 0
3 years ago
Develop a production plan and calculate the annual cost for a firm whose demand forecast is: fall, 10,100; winter, 8,400; spring
Art [367]

Answer:

Check the explanation

Explanation:

                                                    Fall  Winter  Spring  Summer

Forecast                                     10,100  8,400  7,000  12,100

Beginning Inventory                   505  -1,195  0          1,400

Production required                 9,595  9,595  7,000  10,700

Production hours required        19,190  19,190  14,000  21,400

Production hours available1  16,800  16,800  16,800  16,800

Overtime hours                              0      2,390     0           0

Temp workers2                              0         0          0           10

Temp worker hours available      0            0          0          4,800

Total hours available                 16,800  19,190  16,800  21,600

Actual production                        8,400  9,595  8,400  10,800

Ending inventory                           -1,195     0        1,400  100

Workers hired                                 0           0            0            10

Workers laid off                                0          0            0            10

                                       Fall  Winter             Spring  Summer

Straight Time         $84,000  $84,000  $84,000  $108,000

Overtime                            0  $19,120                 $0             $0

Inventory                          $0        $0             $7,000            $500

Backorder                   $11,950    $0                    $0               $0

Hiring                                $0        $0                 $0            $900

Layoff                                $0       $0                  $0            $1,800

Total                           $95,950  $103,120     $91,000  $111,200

Annual Cost                                                                 $401,270

kindly check the calculation in the image below.

4 0
3 years ago
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