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3 years ago

A partnership agreement:

Business

1 answer:

kondaur [170]3 years ago

6 0

Answer:

A partnership agreement is binding even if it is not in writing

Explanation:

A partnership is a relationship that exist between two or more people (Usually two to twenty people) to pool their resources and capital together and establish a business enterprise with the aim of making profit.

A partnership agreement can be written on unwritten. Even when unwritten, a partnership agreement is binding and is enforceable in the law court.

A written partnership agreement is called a partnership deed. partners are usually encouraged to have a partnership deed that clarifies the respective positions and duties of each partners.

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Hatshy [7]

Answer:

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Explanation:

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3 years ago

Belinda Herrera purchased a $5,000 bond at the quoted price of 94.125. The bond paid interest at a rate of 6%. What is the annua

belka [17]

Answer:

6.37%

Explanation:

Annual yield is the annual dividend yield of a bond.

Formula for annual yield = Annual dividend amount / Current price of the bond

Annual dividend amount = Annual interest rate * Face value

= 6% * $5,000

= $300

Current price = 94.125 means that the bond price is 94.125% of the Face value

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3 years ago

If your friend Raheem asks you, “What type of account should I use to save for retirement,” what would you tell him?

SSSSS [86.1K]

Answer:

Roth IRA account

Explanation:

The best type of account that you should save money in for Retirement is a Roth IRA account. This will allow you to put and save a maximum of $5,500 USD per year which will compound annually with interest and can be redeemed when you retire. Once you redeem your money at the age of 65 1/2 it will be completely tax-free. Meaning you have no liabilities with that money whatsoever and you can simply enjoy your retirement with that money.

7 0

3 years ago

Han Corp's sales last year were $425,000, and its year-end receivables were $52,500. The firm sells on terms that call for custo

Zina [86]

Answer:

d. 15.09

Explanation:

425,000 sales

52,500 AR

year of 365 days

Days Sales Outstanding

$\frac{52,500}{425,000}\times 365 = 45.088 = 45.09$

Average days late

$Days \: Sales \: Outstanding - \: Allowed \: credit \: period = average \: days \: late$

45.09 - 30 = 15.09

in average customer pays within 45 days.

That is 15.09 days above the allowed credit period.

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3 years ago

systems play a key role in helping organizations achieve goals, which are set forth in a(n) statement. Computers can be used by

Sergio [31]

Answer:

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O. Computers can be used by people at all levels of an organization.

O. Workers use information systems to produce and manipulate information.

O. Managers depend on information systems to supply data that is essential for long-term planning and short-term tactical planning.

O. A decision system helps workers and managers make non-routine decisions by constructing decision models that include data collected from internal and external sources.

O. A(n) engine evaluates the facts and rules to produce answers to questions posed to the system.

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Explanation:

8 0

3 years ago